Loan Officer Salary in Ohio
Loan Officers in Ohio earn an average of $65,415 per year across 3 metro areas. This is +6.5% lower than the national average.
Average Salary
$65,415
per year
Hourly Rate
$31.45
per hour
vs National
-6.5%
$69,990 national
Salary Range
$43,508
to $95,539
Cost of Living Adjusted Salary
Nominal Salary
$65,415
Cost of Living Index
91
100 = national average
Adjusted Salary
$71,885
purchasing power equivalent
After adjusting for Ohio's cost of living (below average), a Loan Officer's salary of $65,415 has the purchasing power of $71,885 in an average-cost area.
Loan Officer Salary by City in Ohio
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Columbus, OH | $65,929 | $31.70/hr | $43,261 | $92,949 | 251 |
| Cincinnati, OH | $65,792 | $31.63/hr | $44,202 | $97,052 | 279 |
| Cleveland, OH | $64,525 | $31.02/hr | $43,061 | $96,615 | 284 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Ohio vs National Average
Loan Officer Salary Comparison
Employment in Ohio
There are approximately 814 Loan Officers employed across 3 metro areas in Ohio.
Key Industries: Manufacturing, Healthcare, Finance
State Income Tax: 0% - 3.99%
Loan Officer Salary Range in Ohio
Entry Level (10th Percentile)
$43,508
Starting salary for new Loan Officers
Median (50th Percentile)
$65,415
Mid-career Loan Officer salary
Senior (90th Percentile)
$95,539
Top earners in the field
Related Occupations in Ohio
Loan Officer Salary in Neighboring States
Compare Loan Officer salaries in Ohio with nearby states to find the best opportunities.
Frequently Asked Questions
What is the average Loan Officer salary in Ohio?
The average Loan Officer salary in Ohio is $65,415 per year ($31.45/hour) based on 2026 data across 3 metro areas. This is 6.5% below the national average of $69,990.
What is the highest paying city for Loan Officers in Ohio?
Columbus, OH is the highest paying city for Loan Officers in Ohio, with a median salary of $65,929 per year. The lowest paying metro area is Cleveland, OH at $64,525.
What is the salary range for Loan Officers in Ohio?
Loan Officer salaries in Ohio range from $43,508 (entry-level, 10th percentile) to $95,539 (experienced, 90th percentile). The median salary is $65,415 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 Ohio. 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.