Business & Finance Columbus, OH
Pop. 905,748
Loan Officer Salary in Columbus, Ohio
The median loan officer salary in Columbus, OH is $62,453 per year, which is 5% below the national median and 5.6% above the Ohio state average.
City Median
$62,453
vs State Avg
+$3,287
vs National
$-3,287
Cost of Living
95%
Loan Officer Salary in Columbus by Experience
In Columbus, an entry-level loan officer earns around $36,100, while experienced professionals earn up to $123,500 per year. The local cost of living index is 95% of the national average.
Entry Level (0-2 yrs)
$36,100
$-1,900 vs national
Mid Level (3-7 yrs)
$62,700
$-3,300 vs national
Senior Level (8+ yrs)
$123,500
$-6,500 vs national
Salary Percentiles in Columbus, OH
| Percentile | Columbus |
|---|---|
| 10th Percentile | $33,440 |
| 25th Percentile | $43,130 |
| Median (50th) | $62,453 |
| 75th Percentile | $95,000 |
| 90th Percentile | $146,110 |
Loan Officer Salary in Other Ohio Cities
How to Become a Loan Officer in Columbus
Education
Most loan officer positions require a bachelor's degree. Columbus and the surrounding Ohio 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 Columbus may vary based on local industry and population growth.