Loan Officer Salary in Akron, Ohio
The median loan officer salary in Akron, OH is $55,222 per year, which is 16% below the national median and 6.7% below the Ohio state average.
Loan Officer Pay in Akron: What to Expect (2026)
Akron offers a median loan officer salary of $55,222, which is $3,944 below the Ohio state average of $59,166. Compared to the national median of $65,740, Akron pays below the national benchmark for this role.
One of Akron's biggest advantages is its low cost of living at 84% of the national average. This means the $55,222 salary stretches further here — equivalent to roughly $65,740 in an average-cost city. This makes Akron an attractive option for loan officers seeking strong real-dollar compensation.
The salary range for loan officers in Akron spans from $29,568 at the 10th percentile to $129,192 at the 90th percentile — a $99,624 spread. Entry-level professionals start around $31,920, while senior loan officers with 8+ years of experience can earn up to $109,200. With a population of 190,469, Akron is a mid-sized metro with a growing job market.
Loan Officer Salary in Akron by Experience
In Akron, an entry-level loan officer earns around $31,920, while experienced professionals earn up to $109,200 per year. The local cost of living index is 84% of the national average.
Salary Percentiles in Akron, OH
| Percentile | Akron |
|---|---|
| 10th Percentile | $29,568 |
| 25th Percentile | $38,136 |
| Median (50th) | $55,222 |
| 75th Percentile | $84,000 |
| 90th Percentile | $129,192 |
Loan Officer Salary in Other Ohio Cities
How to Become a Loan Officer in Akron
Education
Most loan officer positions require a bachelor's degree. Akron and the surrounding Ohio 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 Akron may vary based on local industry and population growth.
Find Loan Officer Jobs in Akron
Browse open loan officer positions in Akron, OH: