Loan Officers pay in Ohio

In Ohio, the median pay for loan officers is $36.71 an hour ($76,370 a year). About 9,880 people work in this job there.

$36.71Median hourly pay
$50,550–$103,260Middle half of workers, yearly
9,880People in this job in Ohio

That is about the same as the U.S. median ($76,690). Ohio ranks 25th of 51 states and territories for this job’s median pay.

Pay range for loan officers in Ohio

Earns more thanHourlyYearly
10% of workers$18.36$38,200
25% of workers$24.31$50,550
Half of workers (median)$36.71$76,370
75% of workers$49.64$103,260
90% of workers$63.45$131,980

Loan Officers pay in Ohio metro areas

Metro areaMedian yearly payPeople in this job
Columbus$82,1602,410
Cleveland$77,7301,920
Cincinnati$75,3002,060
Sandusky$74,96060
Toledo$74,400320
Akron$72,080270
Dayton-Kettering-Beavercreek$66,070440
Springfield$62,86030
Lima$62,43070
Mansfield$60,75050
Youngstown-Warren$60,530100
Canton-Massillon$57,720240

Ohio unemployment rate: 3.3% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for loan officers

  • Typical education to start: Bachelor's degree (BLS)
  • 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 Ohio

JobMedian yearly pay
Accountants and Auditors$79,320
Financial and Investment Analysts$94,280
Personal Financial Advisors$90,990
Insurance Underwriters$79,260
Financial Specialists, All Other$90,060
Financial Examiners$69,040
Credit Analysts$79,720
Financial Risk Specialists$98,650

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.