Career Atlas USA

Loan Officers Salary in Springfield, OH

According to the latest U.S. Bureau of Labor Statistics data, the median annual wage for Loan Officers in Springfield, OH is $62,860. BLS estimates approximately 30 people work in this occupation in Springfield, OH. Springfield, OH is 18.0% below the national median ($76,690).

Median salary
$62,860
Average salary
$76,600
Median hourly
$30.22
Employment
30

Salary Distribution

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

PercentileAnnual wageHourly wage
10th percentile$39,810$19.14
25th percentile$46,060$22.14
Median (50th)$62,860$30.22
75th percentile$100,790$48.46
90th percentile$127,010$61.06

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 4.3% — Very reliable
Employment estimate
RSE 15.7% — Use with caution

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
0.754
Location quotient
0.43

Cost-of-Living Adjusted Salary

Springfield, OH’s regional price level is below the national average (index 90.482, where 100 = U.S. average). Adjusted for that, the median salary has the purchasing power of $69,472 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 Springfield, OH: Pay & Job Data | Career Atlas USA