Loan Officer salary in Owensboro, KY
Loan Officers in the Owensboro, KY metro area earn a median of $58,730 a year ($28.23 an hour), based on BLS data for 200 workers.
Pay ranges from $47,050 for the lowest-paid 10% to $101,900 for the top 10%. That is 23% lower than the national median of $76,690. Pay here is 5% lower than the Kentucky statewide median of $62,090. There are 3.9 loan officers per 1,000 jobs here — the job is 2.2× more common than nationally. The average (mean) salary is $65,470, above the median because a few high earners pull it up.
Pay range for loan officers in Owensboro, KY
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $47,050 | $22.62 |
| 25th percentile | $47,860 | $23.01 |
| Median | $58,730 | $28.23 |
| 75th percentile | $77,830 | $37.42 |
| 90th percentile (top earners) | $101,900 | $48.99 |
| Average (mean) | $65,470 | $31.48 |
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 | $4,894.17 |
| Semi-monthly (24 a year) | $2,447.08 |
| Biweekly (26 a year) | $2,258.85 |
| Weekly | $1,129.42 |
| Hourly | $28.23 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $58,730 salary, see how much house you can afford in Kentucky 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 |
|---|---|---|
| Cincinnati, OH-KY-IN | $75,300 | 2,060 |
| Bowling Green, KY | $71,020 | 170 |
| Louisville/Jefferson County, KY-IN | $64,460 | 1,120 |
| Elizabethtown, KY | $64,090 | 130 |
| Lexington-Fayette, KY | $63,760 | 420 |
| Clarksville, TN-KY | $60,270 | 210 |
| Paducah, KY-IL | $60,080 | 90 |
| Huntington-Ashland, WV-KY-OH | $57,000 | 210 |
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 Kentucky statewide figures.
Related jobs in Owensboro, KY
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,800 | $37.40 |
| Financial and Investment Analysts | $83,800 | $40.29 |
| Personal Financial Advisor | $72,430 | $34.82 |
| Project Management Specialist | $79,320 | $38.13 |
| Human Resources Specialist | $62,440 | $30.02 |
| Buyers and Purchasing Agents | $63,690 | $30.62 |
| Market Research Analysts and Marketing Specialists | $53,950 | $25.94 |
| Management Analyst | $73,860 | $35.51 |
| Training and Development Specialists | $56,150 | $26.99 |
| Compliance Officer | $74,330 | $35.74 |
| Business Operations Specialists, All Other | $58,100 | $27.94 |
| Cost Estimator | $70,460 | $33.87 |
| Logistician | $64,230 | $30.88 |
More: Business and Financial Operations Occupations · all salaries in Owensboro, KY
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 Owensboro, KY?
The median salary for loan officers in the Owensboro, KY metro area is $58,730 a year, or $28.23 an hour. Pay ranges from $47,050 for the lowest-paid 10% to $101,900 for the top 10%.
How much do the highest-paid loan officers make in Owensboro, KY?
The top 10% of loan officers in the Owensboro, KY metro area earn at least $101,900 a year. The top 25% earn $77,830 or more.
What is the starting pay for loan officers in Owensboro, KY?
Entry-level pay (the 10th percentile) is about $47,050 a year, and a quarter of loan officers earn $47,860 or less.
How many loan officers work in Owensboro, KY?
About 200 loan officers are employed in the Owensboro, KY metro area, not counting the self-employed.