Loan Officer Salary in Missouri

Loan Officers in Missouri earn an average of $64,012 per year across 2 metro areas. This is +8.5% lower than the national average.

Average Salary

$64,012

per year

Hourly Rate

$30.78

per hour

vs National

-8.5%

$69,990 national

Salary Range

$40,620

to $91,513

Cost of Living Adjusted Salary

Nominal Salary

$64,012

Cost of Living Index

90

100 = national average

Adjusted Salary

$71,124

purchasing power equivalent

After adjusting for Missouri's cost of living (below average), a Loan Officer's salary of $64,012 has the purchasing power of $71,124 in an average-cost area.

Loan Officer Salary by City in Missouri

CityMedian SalaryHourly RateEntry Level (P10)Senior (P90)Employment
St. Louis, MO$64,456$30.99/hr$41,242$90,223259
Kansas City, MO$63,567$30.56/hr$39,997$92,802276

Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).

Missouri vs National Average

Loan Officer Salary Comparison

Missouri Average$64,012
National Average$69,990
Difference-$5,978 (-8.5%)

Employment in Missouri

There are approximately 535 Loan Officers employed across 2 metro areas in Missouri.

Key Industries: Manufacturing, Healthcare, Agriculture

State Income Tax: 0% - 4.95%

Loan Officer Salary Range in Missouri

Entry Level (10th Percentile)

$40,620

Starting salary for new Loan Officers

Median (50th Percentile)

$64,012

Mid-career Loan Officer salary

Senior (90th Percentile)

$91,513

Top earners in the field

Loan Officer Salary in Neighboring States

Compare Loan Officer salaries in Missouri with nearby states to find the best opportunities.

Frequently Asked Questions

What is the average Loan Officer salary in Missouri?

The average Loan Officer salary in Missouri is $64,012 per year ($30.78/hour) based on 2026 data across 2 metro areas. This is 8.5% below the national average of $69,990.

What is the highest paying city for Loan Officers in Missouri?

St. Louis, MO is the highest paying city for Loan Officers in Missouri, with a median salary of $64,456 per year. The lowest paying metro area is Kansas City, MO at $63,567.

What is the salary range for Loan Officers in Missouri?

Loan Officer salaries in Missouri range from $40,620 (entry-level, 10th percentile) to $91,513 (experienced, 90th percentile). The median salary is $64,012 per year.

About This Data

Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Missouri. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.