Career Atlas USA

Loan Officers Salary in Altoona, PA

According to the latest U.S. Bureau of Labor Statistics data, the median annual wage for Loan Officers in Altoona, PA is $62,150. BLS estimates approximately 90 people work in this occupation in Altoona, PA. Altoona, PA is 19.0% below the national median ($76,690).

Median salary
$62,150
Average salary
$69,480
Median hourly
$29.88
Employment
90

Salary Distribution

Not everyone earns the median. Percentile wages show the range of pay within this occupation.

PercentileAnnual wageHourly wage
10th percentile$40,170$19.31
25th percentile$46,370$22.30
Median (50th)$62,150$29.88
75th percentile$82,570$39.70
90th percentile$118,920$57.17

Data Reliability

BLS OEWS is a survey, not a full census — every estimate carries a margin of error. The relative standard error (RSE) below is BLS’s own measure of how much an estimate could vary; lower is more precise.

Wage estimate
RSE 4.6% — Very reliable
Employment estimate
RSE 13.8% — Reliable

Where Does Your Salary Fall?

Enter an annual salary to see roughly where it falls among reported wages for this occupation, based on the percentile points above.

$

Concentration

Jobs per 1,000
1.545
Location quotient
0.88

Cost-of-Living Adjusted Salary

Altoona, PA’s regional price level is below the national average (index 89.507, where 100 = U.S. average). Adjusted for that, the median salary has the purchasing power of $69,436 at the national price level.

This is a Career Atlas USA calculation based on BLS wage data and BEA Regional Price Parities. It is not a separate BLS wage estimate. Wage data: May 2025. Cost-of-living data: 2024.

Sources

Wage data: BLS Occupational Employment and Wage Statistics (OEWS)May 2025 (release 25).

Figures shown as “Not available” reflect wages the source does not publish (e.g. suppressed for reliability), not zero.

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Loan Officers Salary in Altoona, PA: Pay & Job Data | Career Atlas USA