Loan Officer Salary in Lexington, Kentucky
The median loan officer salary in Lexington, KY is $61,138 per year, which is 7% below the national median and 6.9% above the Kentucky state average.
Loan Officer Pay in Lexington: What to Expect (2026)
Lexington offers a median loan officer salary of $61,138, which is $3,944 above the Kentucky state average of $57,194. Compared to the national median of $65,740, Lexington pays below the national benchmark for this role.
Lexington's cost of living is 93% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Lexington spans from $32,736 at the 10th percentile to $143,034 at the 90th percentile — a $110,298 spread. Entry-level professionals start around $35,340, while senior loan officers with 8+ years of experience can earn up to $120,900. With a population of 322,570, Lexington is a mid-sized metro with a growing job market.
Loan Officer Salary in Lexington by Experience
In Lexington, an entry-level loan officer earns around $35,340, while experienced professionals earn up to $120,900 per year. The local cost of living index is 93% of the national average.
Salary Percentiles in Lexington, KY
| Percentile | Lexington |
|---|---|
| 10th Percentile | $32,736 |
| 25th Percentile | $42,222 |
| Median (50th) | $61,138 |
| 75th Percentile | $93,000 |
| 90th Percentile | $143,034 |
Loan Officer Salary in Other Kentucky Cities
How to Become a Loan Officer in Lexington
Education
Most loan officer positions require a bachelor's degree. Lexington and the surrounding Kentucky area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Lexington may vary based on local industry and population growth.
Find Loan Officer Jobs in Lexington
Browse open loan officer positions in Lexington, KY: