Loan Officers pay range in State College
New workers and the lowest-paid 10% earn about $38,800 a year or less, while the top 10% make $121,230 or more. The middle half of loan officers in State College earn between $48,960 and $90,530.
- $39K10th
- $49K25th
- $60KMedian
- $91K75th
- $121K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $72,790 | $6,066 | $35.00 |
| Median | $59,540 | $4,962 | $28.62 |
| Entry level (25th percentile) | $48,960 | $4,080 | $23.54 |
| Experienced (75th percentile) | $90,530 | $7,544 | $43.52 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in State College vs. Pennsylvania and the U.S.
Loan officers in State College earn 10% less than the Pennsylvania average ($80,450) and 17% less than the U.S. average ($87,790). At the median the gap is -22% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| State College | $72,790 | $59,540 | $38,800 | $121,230 | 50 |
| 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 State College
On the average salary of $72,790, a single filer in State College takes home about $57,803 a year, or $4,817 a month and $2,223 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 (2025 rules). Local earned income taxes (for example Philadelphia's wage tax) are not included.
Is State College a good place for loan officers? Pay vs. cost of living
Prices in the State College area are 3% below the U.S. average (BEA price parity 96.8), so the average $72,790 buys what about $75,226 would buy in a typical U.S. metro. This job pays 1.2 times the median wage of all jobs in State College ($49,220). A typical home costs $353,680, or 4.9 years of this average salary before tax.
Loan Officers salary in other Pennsylvania cities
State College ranks 12th 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
- State College$72,790
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 State College: questions
How much do loan officers make an hour in State College?
$35.00 an hour on average, and $28.63 at the median (BLS, May 2025).
What is the entry-level loan officers salary in State College?
The lowest-paid 10% earn about $38,800 a year and the 25th percentile is $48,960, a fair guide to starting pay.
What is the loan officers take-home pay in State College?
About $57,803 a year ($4,817 a month) for a single filer on the average salary of $72,790. Local earned income taxes (for example Philadelphia's wage tax) are not included.
Do loan officers earn more in State College than elsewhere?
The average here is 17% 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 State College, PA (44300). Relative standard error of the mean wage: 9.7%.
- 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 0.39, this job is less common than in the U.S. overall (location quotient 0.39).
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