Loan Officer Salary in Missouri
Based on 7K+ workers in Missouri
Median Annual Salary (MO)
$73,660
$35.41/hr
vs National Average
$76,354
-3.5% vs national median
Salary Range (10th–90th)
$39K – $136K
7K employed in Missouri
Discovering the Loan Officer salary in Missouri reveals a median annual income of $73,660, placing it slightly below the national average by 4%. This data point offers a valuable benchmark for those considering this career path within the Show-Me State, with a broad salary range of $38,910 to $136,130. Currently, approximately 7,050 individuals are employed in this role across Missouri.
Several factors can influence a Loan Officer salary in Missouri. Experience level, the specific financial institution they work for, and their performance metrics, such as loan volume and successful closing rates, all play significant roles. Geographic location within Missouri, with larger metropolitan areas potentially offering higher compensation, also contributes to salary variations.
Salary Distribution — Loan Officer in Missouri
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $38,910 |
| 25th percentile | $51,300 |
| Median (50th percentile) | $73,660 |
| 75th percentile | $98,270 |
| 90th percentile | $136,130 |
Top-Paying Industries for Loan Officer (U.S.)
Which industries pay Loan Officers the most — nationwide figures (industry-level data is not available by state). Loan Officers in Missouri tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Retail Trade | $103,260 | 12K |
| Real Estate and Rental and Leasing | $84,090 | 3K |
| Government (excl. schools, hospitals & USPS) | $81,330 | 6K |
| Management of Companies and Enterprises | $79,570 | 12K |
| Other Services (except Public Administration) | $77,140 | 560 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Loan Officer in Missouri vs National
| Year | Median Salary (Missouri) |
|---|---|
| 2022 | $71,130 |
| 2023 | $64,170 |
| 2024 | $72,730 |
| 2025 | $73,660 |
| 2026 (projected) | $74,602 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Missouri Median | National Median |
|---|---|---|
| 2022 | $71,130 | $68,453 |
| 2023 | $64,170 | $70,692 |
| 2024 | $72,730 | $73,485 |
| 2025 | $73,660 | $76,354 |
| 2026 (projected) | $74,602 | $77,330 |
Loan Officer Salary by Experience Level in Missouri
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $51,300 |
| Mid-level | 3-5 yrs | $73,660 |
| Senior | 6-9 yrs | $98,270 |
| Staff / Lead | 10+ yrs | $136,130 |
Loan Officer Salary in Other States
Related Loan Officer Salaries in Missouri
How other high-demand occupations in Missouri compare to Loan Officer ($73,660 median).
| Occupation | Median Salary | vs Loan Officer | Hourly |
|---|---|---|---|
| Financial Manager in MO | $143,460 | +94.8% | $68.97/hr |
| Actuary in MO | $129,220 | +75.4% | $62.13/hr |
| Economist in MO | $117,010 | +58.9% | $56.25/hr |
| Personal Financial Advisor in MO | $99,930 | +35.7% | $48.04/hr |
| Financial Analyst in MO | $98,420 | +33.6% | $47.32/hr |
| Budget Analyst in MO | $81,980 | +11.3% | $39.41/hr |
| Financial Examiner in MO | $79,990 | +8.6% | $38.46/hr |
| Securities Sales Agent in MO | $78,500 | +6.6% | $37.74/hr |
| Accountant in MO | $76,590 | +4.0% | $36.82/hr |
| Tax Examiner in MO | $75,800 | +2.9% | $36.44/hr |
| Compliance Officer in MO | $67,270 | -8.7% | $32.34/hr |
| Credit Analyst in MO | $65,350 | -11.3% | $31.42/hr |
Frequently Asked Questions
How much does a loan officer make in Missouri?
- In Missouri, the median salary for a loan officer is $73,660 per year, which breaks down to approximately $35 per hour. The typical salary range falls between $38,910 and $136,130 annually.
What is the average salary for a loan officer in Missouri compared to the national average?
- Loan officers in Missouri earn, on average, 3.5% less than the national average salary. This means that while the national median might be higher, Missouri still offers a competitive earning potential within the field.
What is the salary range for loan officers in Missouri?
- The salary for loan officers in Missouri can vary significantly, with earnings typically ranging from $38,910 for entry-level positions to as high as $136,130 for experienced professionals. The median annual salary sits at $73,660.
How many loan officers are employed in Missouri?
- There are approximately 7,050 loan officers currently employed in Missouri. This indicates a solid job market for this profession within the state.