Loan Officers pay range in Billings
New workers and the lowest-paid 10% earn about $48,410 a year or less, while the top 10% make $102,110 or more. The middle half of loan officers in Billings earn between $50,330 and $80,370.
- $48K10th
- $50K25th
- $61KMedian
- $80K75th
- $102K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $69,430 | $5,786 | $33.38 |
| Median | $61,350 | $5,112 | $29.50 |
| Entry level (25th percentile) | $50,330 | $4,194 | $24.20 |
| Experienced (75th percentile) | $80,370 | $6,698 | $38.64 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Billings vs. Montana and the U.S.
Loan officers in Billings earn 10% less than the Montana average ($77,390) and 21% less than the U.S. average ($87,790). At the median the gap is -20% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Billings | $69,430 | $61,350 | $48,410 | $102,110 | 210 |
| Montana | $77,390 | $71,570 | $48,130 | $123,130 | 1,180 |
| 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 Billings
On the average salary of $69,430, a single filer in Billings takes home about $55,112 a year, or $4,593 a month and $2,120 every two weeks. Taxes take 21% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Billings a good place for loan officers? Pay vs. cost of living
Prices in the Billings area are 6% below the U.S. average (BEA price parity 93.5), so the average $69,430 buys what about $74,236 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in Billings ($49,060). A typical home costs $410,666, or 5.9 years of this average salary before tax.
Loan Officers salary in other Montana cities
Billings ranks 5th of 5 Montana metro areas for this job; Bozeman pays the most ($87,490).
- Bozeman$87,490
- Missoula$80,220
- Great Falls$76,420
- Helena$75,520
- Billings$69,430
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 Billings: questions
How much do loan officers make an hour in Billings?
$33.38 an hour on average, and $29.49 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Billings?
The lowest-paid 10% earn about $48,410 a year and the 25th percentile is $50,330, a fair guide to starting pay.
What is the loan officers take-home pay in Billings?
About $55,112 a year ($4,593 a month) for a single filer on the average salary of $69,430.
Do loan officers earn more in Billings 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 Billings, MT (13740). Relative standard error of the mean wage: 4.2%.
- 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 (2026 rules).
- Job concentration: location quotient 1.26, this job is 1.3 times as concentrated as in the U.S. overall.
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