Loan Officers Salary
Loan Officers in Ocala, FL make a median of $66,310 a year, or about $31.88 an hour. The range runs from $32K at the entry level to $195K for experienced workers. Adjusted for local prices (RPP 95.23), that's roughly $69,631 in purchasing power. Rent on a 2-bedroom averages $1,373/month, or 29.8% of estimated take-home pay.
So what does $66K get you in Ocala?
Groceries, utilities, transportation, and healthcare scaled from national averages by Ocala’s Regional Price Parity (95.23). 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.
About loan officers
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What this looks like in Ocala
Pay for loan officers in Ocala runs about 14% below the U.S. median of $77K. Rent runs $1,373/month for a 2-bedroom (HUD FMR), taking 29.9% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 95.23) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for loan officers in metros near Ocala, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Miami-Fort Lauderdale-West Palm Beach | $72K | $63K |
| Tampa-St. Petersburg-Clearwater | $72K | $72K |
| Orlando-Kissimmee-Sanford | $67K | $67K |
| Jacksonville | $65K | $65K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Ocala, FL
Entry-level loan officers (10th percentile) start around $32K. Mid-career wages sit at $66K. Top earners bring in $195K or more, a $163K spread from bottom to top.
Loan Officers pay across states
Median income ranked highest to lowest, compared to the national figure
View Loan Officers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Massachusetts | $102K | +32% | 4,470 |
| Connecticut | $96K | +25% | 2,220 |
| New York | $96K | +25% | 10,840 |
| Minnesota | $95K | +24% | 6,430 |
| Colorado | $95K | +23% | 3,230 |
| Oregon | $94K | +23% | 4,220 |
| New Jersey | $93K | +21% | 6,200 |
| District of Columbia | $93K | +21% | 370 |
| Vermont | $89K | +16% | 350 |
| Kansas | $87K | +13% | 3,540 |
| North Dakota | $85K | +10% | 1,370 |
| Iowa | $84K | +9% | 2,840 |
| Delaware | $83K | +8% | 1,420 |
| Maine | $82K | +7% | 1,060 |
| California | $82K | +7% | 25,790 |
| New Hampshire | $81K | +5% | 1,120 |
| Washington | $80K | +4% | 6,040 |
| South Dakota | $80K | +4% | 1,820 |
| Nebraska | $80K | +4% | 2,710 |
| Wyoming | $80K | +4% | 740 |
| Illinois | $79K | +3% | 10,890 |
| Virginia | $78K | +2% | 8,790 |
| Wisconsin | $78K | +2% | 4,940 |
| Rhode Island | $77K | +1% | 1,290 |
| Ohio | $76K | -0% | 9,880 |
| North Carolina | $76K | -1% | 10,700 |
| Michigan | $74K | -3% | 11,340 |
| Missouri | $74K | -4% | 7,050 |
| Maryland | $74K | -4% | 3,850 |
| Oklahoma | $73K | -5% | 4,100 |
| Indiana | $73K | -5% | 4,790 |
| Alaska | $73K | -5% | 490 |
| Montana | $72K | -7% | 1,180 |
| Florida | $71K | -7% | 18,830 |
| Idaho | $71K | -7% | 2,030 |
| Arkansas | $70K | -8% | 2,610 |
| Pennsylvania | $69K | -10% | 8,140 |
| Georgia | $68K | -11% | 9,540 |
| Alabama | $67K | -13% | 5,050 |
| Texas | $66K | -13% | 21,200 |
| Nevada | $65K | -16% | 2,580 |
| Hawaii | $64K | -17% | 980 |
| South Carolina | $63K | -18% | 4,140 |
| Tennessee | $63K | -18% | 6,510 |
| New Mexico | $63K | -18% | 1,140 |
| Arizona | $62K | -19% | 10,020 |
| Kentucky | $62K | -19% | 3,940 |
| Louisiana | $61K | -20% | 2,810 |
| Mississippi | $60K | -21% | 3,450 |
| Utah | $59K | -22% | 3,990 |
| West Virginia | $58K | -25% | 1,290 |
Showing 1–10 of 51 (all 50 states + DC)
Track loan officers salary changes
BLS updates this data quarterly. We'll email you when Ocala numbers change.
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Frequently asked questions
Can a loan officer afford a 2BR apartment alone in Ocala?
Yes — at the median salary of $66K, rent takes 29.9% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,373/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for loan officers in Ocala?
The 10th-percentile wage — what new loan officers typically earn — is $32K/year. Take-home on that works out to about $1,940/month. At HUD’s $1,373/month FMR, rent would take 71% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is loan officer a high-paying job in Ocala?
Local pay runs 14% below the national median — $66K here vs. $77K nationally.
How does Ocala compare to the national average for loan officers?
Ocala pays $66K median vs. the U.S. average of $77K — that’s -14%. After adjusting for local cost of living (RPP 95.23), the purchasing-power equivalent is $70K — below the national median.
How much do loan officers make in Ocala, FL?
The median is $66,310 a year, that works out to about $32 an hour. But the range is wide: entry-level workers start around $32,330, and experienced loan officers can clear $194,840. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $66K enough to live in Ocala?
On that salary, you'd take home roughly $4,586/month after taxes. A 2-bedroom here rents for about $1,373/month, which eats 29.9% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a loan officers salary go in Ocala?
Ocala has a Regional Price Parity of 95.23 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median loan officers salary is worth about $69,631 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.