Loan Officer Salary in Philadelphia, PA
Bureau of Labor Statistics OEWS Survey
Median Annual Salary
$69,974
Hourly Rate
$33.64
/hour
Jobs in Area
278
employed
Loan Officer Salary Range in Philadelphia, PA
Annual Salary Range
$46k
10th percentile
$59k
25th
$83k
75th
$104k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $45,511 | $21.88 |
| 25th Percentile | $58,601 | $28.17 |
| Median (50th Percentile) | $69,974 | $33.64 |
| 75th Percentile | $83,054 | $39.93 |
| 90th Percentile (Top Earners) | $104,000 | $50.00 |
| Average (Mean) | $75,737 | $36.41 |
Frequently Asked Questions
The average Loan Officer salary in Philadelphia, PA is $69,974 per year or $33.64 per hour as of 2024. This is based on data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2024. The geographic area covered is the Philadelphia-Camden-Wilmington Metropolitan Statistical Area.
Last updated: 1/23/2026
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How Philadelphia, PA Compares
vs National Average
$69,990
vs Pennsylvania Average
$74,505
Cost-of-Living Adjusted
$67,154
Cost of living in Philadelphia, PA is 4.2% above the national average.
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