Loan Officer salary in Amherst Town-Northampton, MA
Loan Officers in the Amherst Town-Northampton, MA metro area earn a median of $96,540 a year ($46.42 an hour), based on BLS data for 90 workers.
Pay ranges from $61,370 for the lowest-paid 10% to $205,200 for the top 10%. That is 26% higher than the national median of $76,690. Pay here is 5% lower than the Massachusetts statewide median of $101,600. There are 1.4 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.79). The average (mean) salary is $114,280, above the median because a few high earners pull it up.
Pay range for loan officers in Amherst Town-Northampton, MA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $61,370 | $29.50 |
| 25th percentile | $74,700 | $35.91 |
| Median | $96,540 | $46.42 |
| 75th percentile | $135,710 | $65.24 |
| 90th percentile (top earners) | $205,200 | $98.65 |
| Average (mean) | $114,280 | $54.94 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,045 |
| Semi-monthly (24 a year) | $4,022.50 |
| Biweekly (26 a year) | $3,713.08 |
| Weekly | $1,856.54 |
| Hourly | $46.42 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $96,540 salary, see how much house you can afford in Massachusetts at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Boston-Cambridge-Newton, MA-NH | $103,400 | 3,420 |
| Barnstable Town, MA | $96,080 | 110 |
| Pittsfield, MA | $94,920 | 80 |
| Worcester, MA | $94,220 | 320 |
| Springfield, MA | $89,480 | 150 |
| Providence-Warwick, RI-MA | $78,500 | 1,460 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Massachusetts statewide figures.
Related jobs in Amherst Town-Northampton, MA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $84,390 | $40.57 |
| Budget Analyst | $81,100 | $38.99 |
| Financial Specialists, All Other | $77,860 | $37.43 |
| Financial and Investment Analysts | $95,820 | $46.07 |
| Personal Financial Advisor | $145,190 | $69.80 |
| Business Operations Specialists, All Other | $75,920 | $36.50 |
| Market Research Analysts and Marketing Specialists | $72,550 | $34.88 |
| Fundraiser | $82,340 | $39.59 |
| Human Resources Specialist | $80,770 | $38.83 |
| Training and Development Specialists | $63,490 | $30.52 |
| Project Management Specialist | $85,320 | $41.02 |
| Management Analyst | $103,610 | $49.81 |
| Buyers and Purchasing Agents | $71,830 | $34.53 |
| Meeting, Convention, and Event Planners | $64,290 | $30.91 |
More: Business and Financial Operations Occupations · all salaries in Amherst Town-Northampton, MA
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Amherst Town-Northampton, MA?
The median salary for loan officers in the Amherst Town-Northampton, MA metro area is $96,540 a year, or $46.42 an hour. Pay ranges from $61,370 for the lowest-paid 10% to $205,200 for the top 10%.
How much do the highest-paid loan officers make in Amherst Town-Northampton, MA?
The top 10% of loan officers in the Amherst Town-Northampton, MA metro area earn at least $205,200 a year. The top 25% earn $135,710 or more.
What is the starting pay for loan officers in Amherst Town-Northampton, MA?
Entry-level pay (the 10th percentile) is about $61,370 a year, and a quarter of loan officers earn $74,700 or less.
How many loan officers work in Amherst Town-Northampton, MA?
About 90 loan officers are employed in the Amherst Town-Northampton, MA metro area, not counting the self-employed.