Salaries › Loan Officer › Massachusetts
Loan Officer Salary in Massachusetts (2026)
$48.85 per hour · take-home ≈ $75,226/year ($6,269/month) for a single filer
Massachusetts is the highest-paying state in the country for Loan Officers, with a median about 34% above the national average. Of the 4,470 Loan Officer jobs BLS counts in Massachusetts, the typical worker earns $101,600 a year — though pay ranges from $64,680 for newcomers to $198,220 at the top.
Loan Officer pay range in Massachusetts
| Percentile | Annual wage | Meaning |
| 10th percentile (entry) | $64,680 | Lowest-paid 10% earn less than this |
| 25th percentile | $79,760 | A quarter earn less |
| Median (50th) | $101,600 | Half earn more, half earn less |
| 75th percentile | $136,940 | Top quarter starts here |
| 90th percentile (top) | $198,220 | Highest-paid 10% earn more than this |
BLS reports 4,470 Loan Officer jobs in Massachusetts (occupation code 13-2072, “Loan Officers”).
Gross vs. take-home in Massachusetts
A median Loan Officer salary of $101,600 doesn’t all reach your bank account. After federal income tax, Social Security, and Medicare, plus Massachusetts state income tax, a single filer keeps about $75,226 — an effective tax rate of 26.0%.
| Gross (median) | $101,600 |
| Federal income tax | −$13,522 |
| Social Security + Medicare | −$7,772 |
| Massachusetts state income tax | −$5,080 |
| Take-home (annual) | $75,226 |
| Take-home (monthly) | $6,269 |
Want your exact numbers — married, 401(k), different salary? Use the free Massachusetts paycheck calculator on PaycheckTally.
Frequently asked questions
- How much does a Loan Officer make in Massachusetts?
- The median Loan Officer salary in Massachusetts is $101,600 per year ($48.85 per hour) according to the latest BLS data. The middle 50% earn between $79,760 and $136,940.
- What is the take-home pay for a Loan Officer in Massachusetts?
- On the median salary of $101,600, a single filer in Massachusetts takes home about $75,226 per year ($6,269 per month) after federal tax, FICA, and state income tax — an effective tax rate of 26.0%.
- How many Loan Officer jobs are there in Massachusetts?
- BLS counts 4,470 Loan Officer jobs in Massachusetts in the latest survey (May 2025).
Top-paying states for Loan Officers
Other salaries in Massachusetts
Sources and methodology
Wage and employment figures: BLS OEWS May 2025 (state file, released April 2026) — the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey, the most authoritative public salary dataset. Take-home estimate: 2026 federal brackets, FICA, and verified Massachusetts state tax rules (single filer, standard deduction, no credits or local taxes). Estimates only — not financial advice.
- BLS OEWS — official occupational wage data.
- PaycheckTally — interactive 2026 take-home calculator for Massachusetts.