Loan Officers pay range in Scranton
New workers and the lowest-paid 10% earn about $46,220 a year or less, while the top 10% make $135,230 or more. The middle half of loan officers in Scranton earn between $49,310 and $103,450.
- $46K10th
- $49K25th
- $74KMedian
- $103K75th
- $135K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $81,740 | $6,812 | $39.30 |
| Median | $74,430 | $6,202 | $35.78 |
| Entry level (25th percentile) | $49,310 | $4,109 | $23.71 |
| Experienced (75th percentile) | $103,450 | $8,621 | $49.74 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Scranton vs. Pennsylvania and the U.S.
Loan officers in Scranton earn about the same as the Pennsylvania average ($80,450) and 7% less than the U.S. average ($87,790). At the median the gap is -3% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Scranton | $81,740 | $74,430 | $46,220 | $135,230 | 300 |
| Pennsylvania | $80,450 | $69,300 | $39,990 | $132,900 | 8,140 |
| 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 Scranton
On the average salary of $81,740, a single filer in Scranton takes home about $63,825 a year, or $5,319 a month and $2,455 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). Local earned income taxes (for example Philadelphia's wage tax) are not included.
Is Scranton a good place for loan officers? Pay vs. cost of living
Prices in the Scranton area are 6% below the U.S. average (BEA price parity 93.6), so the average $81,740 buys what about $87,370 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Scranton ($46,330). A typical home costs $227,793, or 2.8 years of this average salary before tax.
Loan Officers salary in other Pennsylvania cities
Scranton ranks 4th of 15 Pennsylvania metro areas for this job; Philadelphia pays the most ($86,920).
- Philadelphia$86,920
- Lancaster$84,620
- Allentown$82,690
- Scranton$81,740
- Pittsburgh$80,930
- Reading$79,820
- York$79,720
- Harrisburg$78,090
- Lebanon$77,460
- Johnstown$74,840
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 Scranton: questions
How much do loan officers make an hour in Scranton?
$39.30 an hour on average, and $35.78 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Scranton?
The lowest-paid 10% earn about $46,220 a year and the 25th percentile is $49,310, a fair guide to starting pay.
What is the loan officers take-home pay in Scranton?
About $63,825 a year ($5,319 a month) for a single filer on the average salary of $81,740. Local earned income taxes (for example Philadelphia's wage tax) are not included.
Do loan officers earn more in Scranton than elsewhere?
The average here is 7% 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 Scranton--Wilkes-Barre, PA (42540). Relative standard error of the mean wage: 4.3%.
- 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). Local earned income taxes (for example Philadelphia's wage tax) are not included.
- Job concentration: location quotient 0.66, this job is less common than in the U.S. overall (location quotient 0.66).
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