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Loan Officers average salary by city in Tennessee
- Memphis$75,860
- Johnson City$74,210
- Nashville$73,240
- Knoxville$72,220
- Chattanooga$70,670
- Clarksville$70,330
- Jackson$65,980
- Kingsport$61,810
- Cleveland$60,100
- Morristown$55,740
Pay, take-home pay and cost of living
| City | Average | Median | 25th pct. | Take-home* | Cost of living |
|---|---|---|---|---|---|
| Memphis | $75,860 | $63,250 | $47,430 | $62,198 | 92 |
| Johnson City | $74,210 | $63,590 | $46,050 | $61,037 | 88 |
| Nashville | $73,240 | $62,800 | $46,900 | $60,354 | 96 |
| Knoxville | $72,220 | $63,830 | $48,680 | $59,637 | 93 |
| Chattanooga | $70,670 | $62,460 | $47,000 | $58,546 | 91 |
| Clarksville | $70,330 | $60,270 | $45,570 | $58,307 | 91 |
| Jackson | $65,980 | $61,500 | $39,500 | $55,195 | 86 |
| Kingsport | $61,810 | $60,250 | $46,190 | $51,844 | 86 |
| Cleveland | $60,100 | $57,010 | $38,810 | $50,470 | 88 |
| Morristown | $55,740 | $47,130 | $37,260 | $46,967 | 86 |
*Average salary after federal and state taxes for a single filer; Tennessee has no state income tax. Cost of living: BEA price parity, U.S. = 100.
Loan Officers salary in other states
More about pay in Tennessee
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.
- 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.
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