Business & Finance Louisville, KY Pop. 633,045

Loan Officer Salary in Louisville, Kentucky

The median loan officer salary in Louisville, KY is $60,481 per year, which is 8% below the national median and 5.7% above the Kentucky state average.

City Median
$60,481
vs State Avg
+$3,287
vs National
$-5,259
Cost of Living
92%

Loan Officer Pay in Louisville: What to Expect (2026)

Louisville offers a median loan officer salary of $60,481, which is $3,287 above the Kentucky state average of $57,194. Compared to the national median of $65,740, Louisville pays below the national benchmark for this role.

Louisville's cost of living is 92% 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 Louisville spans from $32,384 at the 10th percentile to $141,496 at the 90th percentile — a $109,112 spread. Entry-level professionals start around $34,960, while senior loan officers with 8+ years of experience can earn up to $119,600. As a major metro area with a population of 633,045, Louisville typically offers more job opportunities and employer competition, which can drive salaries higher.

Loan Officer Salary in Louisville by Experience

In Louisville, an entry-level loan officer earns around $34,960, while experienced professionals earn up to $119,600 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$34,960
$-3,040 vs national
Mid Level (3-7 yrs)
$60,720
$-5,280 vs national
Senior Level (8+ yrs)
$119,600
$-10,400 vs national

Salary Percentiles in Louisville, KY

Percentile Louisville
10th Percentile $32,384
25th Percentile $41,768
Median (50th) $60,481
75th Percentile $92,000
90th Percentile $141,496

Loan Officer Salary in Other Kentucky Cities

Lexington, KY
$61,138
Pop. 322,570
Covington, KY
$57,851
Pop. 40,961
Bowling Green, KY
$55,222
Pop. 74,735
Owensboro, KY
$53,907
Pop. 60,183

How to Become a Loan Officer in Louisville

Education

Most loan officer positions require a bachelor's degree. Louisville and the surrounding Kentucky area have institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Louisville may vary based on local industry and population growth.

Find Loan Officer Jobs in Louisville

Browse open loan officer positions in Louisville, KY:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Louisville

How much does a Loan Officer make in Louisville, KY? ▼
The median loan officer salary in Louisville, Kentucky is $60,481 per year, which is 8% below the national median of $65,740. Salaries range from $32,384 (10th percentile) to $141,496 (90th percentile).
How much does a Loan Officer make per hour in Louisville? ▼
Based on the median annual salary of $60,481, a loan officer in Louisville earns approximately $29 per hour assuming a standard 2,080-hour work year.
How does Louisville compare to the Kentucky state average for loan officer pay? ▼
Louisville's median loan officer salary of $60,481 is 5.7% above the Kentucky state average of $57,194. The local cost of living index is 92% of the national average.
What is the cost of living in Louisville, KY? ▼
Louisville has a cost of living index of 92% compared to the national average. This means a loan officer salary of $60,481 in Louisville has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Louisville? ▼
Most loan officer positions in Louisville require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.