Loan Officers pay range in Columbus
New workers and the lowest-paid 10% earn about $38,240 a year or less, while the top 10% make $102,720 or more. The middle half of loan officers in Columbus earn between $46,130 and $88,600.
- $38K10th
- $46K25th
- $59KMedian
- $89K75th
- $103K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $68,920 | $5,743 | $33.13 |
| Median | $59,040 | $4,920 | $28.38 |
| Entry level (25th percentile) | $46,130 | $3,844 | $22.18 |
| Experienced (75th percentile) | $88,600 | $7,383 | $42.60 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Columbus vs. Indiana and the U.S.
Loan officers in Columbus earn 13% less than the Indiana average ($78,980) and 21% less than the U.S. average ($87,790). At the median the gap is -23% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Columbus | $68,920 | $59,040 | $38,240 | $102,720 | 50 |
| Indiana | $78,980 | $72,960 | $43,870 | $129,740 | 4,790 |
| United States | $87,790 | $76,690 | $39,430 | $153,180 | 274,330 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Loan Officers salary after taxes in Columbus
On the average salary of $68,920, a single filer in Columbus takes home about $54,089 a year, or $4,507 a month and $2,080 every two weeks. Taxes take 22% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Columbus's local income tax (1.75%).
Is Columbus a good place for loan officers? Pay vs. cost of living
Prices in the Columbus area are 7% below the U.S. average (BEA price parity 93.0), so the average $68,920 buys what about $74,105 would buy in a typical U.S. metro. This job pays 1.2 times the median wage of all jobs in Columbus ($48,470). A typical home costs $277,164, or 4.0 years of this average salary before tax.
Loan Officers salary in other Indiana cities
Columbus ranks 12th of 12 Indiana metro areas for this job; Lafayette pays the most ($86,640).
- Lafayette$86,640
- Elkhart$81,210
- Indianapolis$80,020
- Evansville$78,110
- Bloomington$76,420
- Muncie$74,930
- Terre Haute$74,350
- Fort Wayne$72,560
- Kokomo$72,490
- Columbus$68,920
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in Columbus: questions
How much do loan officers make an hour in Columbus?
$33.14 an hour on average, and $28.39 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Columbus?
The lowest-paid 10% earn about $38,240 a year and the 25th percentile is $46,130, a fair guide to starting pay.
What is the loan officers take-home pay in Columbus?
About $54,089 a year ($4,507 a month) for a single filer on the average salary of $68,920. Includes Columbus's local income tax (1.75%).
Do loan officers earn more in Columbus than elsewhere?
The average here is 21% less than the U.S. average for this job ($87,790).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area Columbus, IN (18020). Relative standard error of the mean wage: 5.0%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Columbus's local income tax (1.75%).
- Job concentration: location quotient 0.54, this job is less common than in the U.S. overall (location quotient 0.54).
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