Loan Officer Salary in East Providence, Rhode Island
The median loan officer salary in East Providence, RI is $65,740 per year, which is 0.0% above the national median and 6.5% below the Rhode Island state average.
Loan Officer Pay in East Providence: What to Expect (2026)
East Providence offers a median loan officer salary of $65,740, which is $4,602 below the Rhode Island state average of $70,342. Compared to the national median of $65,740, East Providence pays above average for this role.
East Providence's cost of living is 98% 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 East Providence spans from $35,200 at the 10th percentile to $153,800 at the 90th percentile — a $118,600 spread. Entry-level professionals start around $38,000, while senior loan officers with 8+ years of experience can earn up to $130,000. East Providence is a smaller market (pop. 47,139), which may mean fewer openings but also less competition for available positions.
Loan Officer Salary in East Providence by Experience
In East Providence, an entry-level loan officer earns around $38,000, while experienced professionals earn up to $130,000 per year. The local cost of living index is 98% of the national average.
Salary Percentiles in East Providence, RI
| Percentile | East Providence |
|---|---|
| 10th Percentile | $35,200 |
| 25th Percentile | $45,400 |
| Median (50th) | $65,740 |
| 75th Percentile | $100,000 |
| 90th Percentile | $153,800 |
Loan Officer Salary in Other Rhode Island Cities
How to Become a Loan Officer in East Providence
Education
Most loan officer positions require a bachelor's degree. East Providence and the surrounding Rhode Island 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 East Providence may vary based on local industry and population growth.
Find Loan Officer Jobs in East Providence
Browse open loan officer positions in East Providence, RI: