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Loan Officer Salary in Providence, RI

Updated

The median loan officer in the Providence area earns $78,500 a year ($37.74 an hour), 2% above the U.S. median ($76,690) and 2% above the Rhode Island median ($77,250). Half of the 1,460 loan officers there earn between $56,860 and $100,380.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Loan Officers, May 2025 (latest official data). Metro area: Providence-Warwick, RI-MA.
Annual payProvidence areaRhode IslandU.S.
10th percentile$50,420$50,420$39,430
25th percentile$56,860$55,640$52,730
Median$78,500$77,250$76,690
75th percentile$100,380$99,930$104,080
90th percentile$137,250$134,950$153,180
Average$86,280$82,690$87,790
Jobs1,4601,290274,330

Providence, RI ranks 19th of the 50 largest U.S. metro areas for loan officer pay. Highest: Boston, MA ($103,400).

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Sources

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.