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Loan Officers Salary in Medford, OR

Loan Officers in Medford, OR make a median of $67,370 a year, or about $32.39 an hour. The range runs from $46K at the entry level to $136K for experienced workers. Adjusted for local prices (RPP 101.43), that's roughly $66,420 in purchasing power. A 2-bedroom apartment runs $1,530/month — about 34.8% of take-home, which is tight.

$67K
Median annual
$32.39/hr
Hourly rate
$46K
Entry level (10th %)
$136K
Senior level (90th %)

So what does $67K get you in Medford?

Estimated take-home pay$4,201/mo
Rent (2BR median)-$1,530/mo
Rent as % of take-home36.4% ⚠ above 30% guideline
Groceries-$398/mo
Utilities-$199/mo
Transportation-$349/mo
Healthcare *-$231/mo
Left over$1,494/mo

Groceries, utilities, transportation, and healthcare scaled from national averages by Medford’s Regional Price Parity (101.43). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.

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About loan officers

Education: Bachelor's degree
U.S. employed: 290,530
Medford, OR employed: 140
Category: Business & Finance

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Compensation breakdown

Annual earnings by percentile, Medford, OR

Bar chart showing Loan Officers salary percentiles in Medford, OR: 10th percentile $46,130, 25th percentile $59,930, median $67,370, 75th percentile $99,440, 90th percentile $136,020. Source: Bureau of Labor Statistics.10th$46K25th$60KMedian$67K75th$99K90th$136K
Bar chart showing Loan Officers salary percentiles in Medford, OR: 10th percentile $46,130, 25th percentile $59,930, median $67,370, 75th percentile $99,440, 90th percentile $136,020. Source: Bureau of Labor Statistics.

Entry-level loan officers (10th percentile) start around $46K. Mid-career wages sit at $67K. Top earners bring in $136K or more, a $90K spread from bottom to top.

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Loan Officers pay across states

Median income ranked highest to lowest, compared to the national figure

StateMedian salaryvs. nationalEmployment
District of Columbia$102K+38%420
New York$99K+33%11,850
New Jersey$95K+28%5,690
Massachusetts$93K+26%4,310
Vermont$86K+17%440
Minnesota$84K+14%6,950
North Dakota$83K+12%1,370
Kansas$83K+11%3,950
Delaware$81K+9%1,480
Iowa$80K+8%3,350
Virginia$80K+7%9,170
California$80K+7%27,420
Wisconsin$79K+7%5,020
New Hampshire$79K+6%1,190
South Dakota$79K+6%1,930
Maine$78K+5%1,170
Connecticut$78K+5%2,680
Rhode Island$77K+4%1,560
Washington$77K+4%6,480
Wyoming$76K+3%750
Illinois$76K+2%10,330
North Carolina$76K+2%11,890
Nebraska$76K+2%2,730
Oregon$75K+1%3,810
Maryland$73K-1%3,990
Missouri$73K-2%7,000
New Mexico$73K-2%970
Michigan$73K-2%10,910
Georgia$72K-3%9,480
Indiana$71K-4%4,740
Florida$71K-4%19,750
Hawaii$70K-5%960
Arkansas$70K-6%2,810
Ohio$69K-7%10,340
Kentucky$69K-8%3,990
Montana$66K-11%1,390
Oklahoma$66K-11%4,530
Alaska$65K-12%510
Idaho$64K-13%2,290
Texas$64K-14%24,070
Tennessee$63K-15%7,610
South Carolina$62K-17%4,280
Pennsylvania$61K-17%8,820
Utah$61K-18%5,590
Alabama$61K-18%5,680
Mississippi$60K-19%2,770
Nevada$58K-21%2,960
Louisiana$57K-23%3,010
Arizona$54K-28%11,420
West Virginia$50K-33%1,300
12345

Showing 1–10 of 50 states

BLS does not publish data for every state when sample sizes are too small

Track loan officers salary changes

BLS updates this data quarterly. We'll email you when Medford numbers change.

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Frequently asked questions

How much do loan officers make in Medford, OR?

The median is $67,370 a year, that works out to about $32 an hour. But the range is wide: entry-level workers start around $46,130, and experienced loan officers can clear $136,020. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $67K enough to live in Medford?

On that salary, you'd take home roughly $4,201/month after taxes. A 2-bedroom here rents for about $1,530/month, which eats 36.4% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.

How far does a loan officers salary go in Medford?

Medford has a Regional Price Parity of 101.43 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median loan officers salary is worth about $66,420 in national-average purchasing power.

Where do loan officers get paid the most?

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.

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