Loan Officer salary in Gulfport-Biloxi, MS
Loan Officers in the Gulfport-Biloxi, MS metro area earn a median of $56,640 a year ($27.23 an hour), based on BLS data for 400 workers.
Pay ranges from $35,930 for the lowest-paid 10% to $111,120 for the top 10%. That is 26% lower than the national median of $76,690. Pay here is 6% lower than the Mississippi statewide median of $60,260. There are 2.5 loan officers per 1,000 jobs here — the job is 1.4× more common than nationally. The average (mean) salary is $67,660, above the median because a few high earners pull it up.
Pay range for loan officers in Gulfport-Biloxi, MS
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $35,930 | $17.27 |
| 25th percentile | $40,330 | $19.39 |
| Median | $56,640 | $27.23 |
| 75th percentile | $75,380 | $36.24 |
| 90th percentile (top earners) | $111,120 | $53.42 |
| Average (mean) | $67,660 | $32.53 |
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 | $4,720 |
| Semi-monthly (24 a year) | $2,360 |
| Biweekly (26 a year) | $2,178.46 |
| Weekly | $1,089.23 |
| Hourly | $27.23 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $56,640 salary, see how much house you can afford in Mississippi 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 |
|---|---|---|
| Memphis, TN-MS-AR | $63,250 | 930 |
| Jackson, MS | $61,110 | 810 |
| Hattiesburg, MS | $58,560 | 300 |
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 Mississippi statewide figures.
Related jobs in Gulfport-Biloxi, MS
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,380 | $36.72 |
| Financial and Investment Analysts | $79,560 | $38.25 |
| Financial Specialists, All Other | $88,610 | $42.60 |
| Personal Financial Advisor | $64,200 | $30.87 |
| Property Appraisers and Assessors | $49,130 | $23.62 |
| Tax Examiners and Collectors, and Revenue Agents | $39,500 | $18.99 |
| Tax Preparer | $49,680 | $23.89 |
| Insurance Underwriter | $51,470 | $24.75 |
| Business Operations Specialists, All Other | $76,550 | $36.80 |
| Human Resources Specialist | $68,810 | $33.08 |
| Management Analyst | $88,710 | $42.65 |
| Buyers and Purchasing Agents | $78,770 | $37.87 |
| Project Management Specialist | $84,200 | $40.48 |
| Logistician | $80,700 | $38.80 |
More: Business and Financial Operations Occupations · all salaries in Gulfport-Biloxi, MS
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 Gulfport-Biloxi, MS?
The median salary for loan officers in the Gulfport-Biloxi, MS metro area is $56,640 a year, or $27.23 an hour. Pay ranges from $35,930 for the lowest-paid 10% to $111,120 for the top 10%.
How much do the highest-paid loan officers make in Gulfport-Biloxi, MS?
The top 10% of loan officers in the Gulfport-Biloxi, MS metro area earn at least $111,120 a year. The top 25% earn $75,380 or more.
What is the starting pay for loan officers in Gulfport-Biloxi, MS?
Entry-level pay (the 10th percentile) is about $35,930 a year, and a quarter of loan officers earn $40,330 or less.
How many loan officers work in Gulfport-Biloxi, MS?
About 400 loan officers are employed in the Gulfport-Biloxi, MS metro area, not counting the self-employed.