Loan Officers pay in Kentucky

In Kentucky, the median pay for loan officers is $29.85 an hour ($62,090 a year). About 3,940 people work in this job there.

$29.85Median hourly pay
$47,860–$92,990Middle half of workers, yearly
3,940People in this job in Kentucky

That is 19% lower than the U.S. median ($76,690). Kentucky ranks 47th of 51 states and territories for this job’s median pay.

Pay range for loan officers in Kentucky

Earns more thanHourlyYearly
10% of workers$20.01$41,620
25% of workers$23.01$47,860
Half of workers (median)$29.85$62,090
75% of workers$44.71$92,990
90% of workers$59.87$124,520

Loan Officers pay in Kentucky metro areas

Metro areaMedian yearly payPeople in this job
Bowling Green$71,020170
Louisville/Jefferson County$64,4601,120
Elizabethtown$64,090130
Lexington-Fayette$63,760420
Paducah$60,08090
Owensboro$58,730200

Kentucky unemployment rate: 4.7% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for loan officers

  • Typical education to start: Bachelor's degree (BLS)
  • Related work experience most have: 2 to 4 years (O*NET)
  • Experience usually needed to start: Less than 5 years (BLS)
  • Training on the job: Moderate-term on-the-job training (BLS)
  • Job outlook: +1.1% over ten years, little or no change · about 17,100 openings a year (BLS)

Related jobs in Kentucky

JobMedian yearly pay
Accountants and Auditors$75,270
Financial and Investment Analysts$81,660
Personal Financial Advisors$67,150
Tax Examiners and Collectors, and Revenue Agents$57,240
Tax Preparers$36,620
Insurance Underwriters$79,830
Financial Specialists, All Other$65,690
Financial Examiners$76,260

Other job titles for this job

Financial CounselorFinancial Aid CounselorHome Lending AdvisorAgricultural Loan OfficerBank OfficerBanking Services OfficerBranch Lending OfficerBusiness Banking OfficerCommercial BankerCommercial LenderCommercial Loan Collection OfficerCommercial Loan Officer

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.