Loan Officer salary in Scranton--Wilkes-Barre, PA
Loan Officers in the Scranton--Wilkes-Barre, PA metro area earn a median of $74,430 a year ($35.78 an hour), based on BLS data for 300 workers.
Pay ranges from $46,220 for the lowest-paid 10% to $135,230 for the top 10%. That is 3% lower than the national median of $76,690. Pay here is 7% higher than the Pennsylvania statewide median of $69,300. There are 1.2 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.66). The average (mean) salary is $81,740, above the median because a few high earners pull it up.
Pay range for loan officers in Scranton--Wilkes-Barre, PA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $46,220 | $22.22 |
| 25th percentile | $49,310 | $23.71 |
| Median | $74,430 | $35.78 |
| 75th percentile | $103,450 | $49.74 |
| 90th percentile (top earners) | $135,230 | $65.01 |
| Average (mean) | $81,740 | $39.30 |
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 | $6,202.50 |
| Semi-monthly (24 a year) | $3,101.25 |
| Biweekly (26 a year) | $2,862.69 |
| Weekly | $1,431.35 |
| Hourly | $35.78 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $74,430 salary, see how much house you can afford in Pennsylvania 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 |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $77,590 | 4,660 |
| Lancaster, PA | $74,450 | 280 |
| Lebanon, PA | $74,380 | 50 |
| Pittsburgh, PA | $73,360 | 1,440 |
| Johnstown, PA | $68,820 | 70 |
| Harrisburg-Carlisle, PA | $66,500 | 450 |
| Allentown-Bethlehem-Easton, PA-NJ | $66,480 | 290 |
| Chambersburg, PA | $62,770 | 80 |
| Reading, PA | $62,630 | 180 |
| Altoona, PA | $62,150 | 90 |
| York-Hanover, PA | $62,030 | 130 |
| Williamsport, PA | $60,600 | 70 |
| State College, PA | $59,540 | 50 |
| Erie, PA | $54,530 | 130 |
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 Pennsylvania statewide figures.
Related jobs in Scranton--Wilkes-Barre, PA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $70,480 | $33.88 |
| Personal Financial Advisor | $103,200 | $49.61 |
| Insurance Underwriter | $47,840 | $23.00 |
| Financial and Investment Analysts | $76,340 | $36.70 |
| Credit Analyst | $80,270 | $38.59 |
| Tax Preparer | $39,400 | $18.94 |
| Credit Counselor | $49,380 | $23.74 |
| Tax Examiners and Collectors, and Revenue Agents | $61,110 | $29.38 |
| Property Appraisers and Assessors | $49,800 | $23.94 |
| Financial Specialists, All Other | $81,330 | $39.10 |
| Financial Examiner | $74,560 | $35.85 |
| Budget Analyst | $71,280 | $34.27 |
| Human Resources Specialist | $65,360 | $31.42 |
| Project Management Specialist | $91,820 | $44.15 |
More: Business and Financial Operations Occupations · all salaries in Scranton--Wilkes-Barre, PA
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 Scranton--Wilkes-Barre, PA?
The median salary for loan officers in the Scranton--Wilkes-Barre, PA metro area is $74,430 a year, or $35.78 an hour. Pay ranges from $46,220 for the lowest-paid 10% to $135,230 for the top 10%.
How much do the highest-paid loan officers make in Scranton--Wilkes-Barre, PA?
The top 10% of loan officers in the Scranton--Wilkes-Barre, PA metro area earn at least $135,230 a year. The top 25% earn $103,450 or more.
What is the starting pay for loan officers in Scranton--Wilkes-Barre, PA?
Entry-level pay (the 10th percentile) is about $46,220 a year, and a quarter of loan officers earn $49,310 or less.
How many loan officers work in Scranton--Wilkes-Barre, PA?
About 300 loan officers are employed in the Scranton--Wilkes-Barre, PA metro area, not counting the self-employed.