Loan Officers pay in Mississippi
$73,480avg. a year
$35.33 an hour · 3,450 employed
Loan Officers in Mississippi earn an average of $73,480 a year. That is $14,310 (16%) less than the U.S. average of $87,790. The best-paying metro area is Memphis, TN-MS-AR at $75,860.
$60,260Median pay
$35.33Average hourly
+19%Avg. pay since 2020
#46Of 50 states + D.C.
Top-paying Mississippi metro areas
Average pay for loan officers by metro area. Swipe to see all 4.
1930 jobs
Memphis, TN-MS-AR
$75,860
$36.47 an hour
2810 jobs
Jackson, MS
$74,670
$35.90 an hour
3300 jobs
Hattiesburg, MS
$70,460
$33.87 an hour
4400 jobs
Gulfport-Biloxi, MS
$67,660
$32.53 an hour
Why people trust JobPayFacts
Official government dataEvery number comes from the U.S. Bureau of Labor Statistics wage survey of employers, not self-reported salaries.
Every state and city830 jobs across all 50 states, D.C. and 199 large metro areas.
Updated every yearNew figures each spring when BLS releases them. This site uses May 2025 data.
Loan Officers pay in Mississippi, charted
Pay over time
Mississippi, annual wage, May of each year
AverageMedian
Where Mississippi loan officers work
Employment by metro area, May 2025
Average pay by state
May 2025 · Mississippi highlighted · tap a state
AKMEWIVTNHWAIDMTNDMNILMINYMAORNVWYSDIAINOHPANJCTRICAUTCONEMOKYWVVAMDDEAZNMKSARTNNCSCDCOKLAMSALGAHITXFL
Under $79k$79k–$86k$86k–$94k$94k+Mississippi
Mississippi vs. neighbors
Average pay, May 2025
| Area | Avg. pay | Hourly |
|---|---|---|
| United States | $87,790 | $42.21 |
| Mississippi | $73,480 | $35.33 |
| Arkansas | $85,120 | $40.92 |
| Alabama | $83,410 | $40.10 |
| Louisiana | $73,240 | $35.21 |
| Tennessee | $71,590 | $34.42 |
Related jobs in Mississippi
- Accountants and Auditors$77,680
- Financial and Investment Analysts$87,580
- Personal Financial Advisors$117,880
- Financial Specialists, All Other$77,460
- Insurance Underwriters$63,890
- Tax Preparers$56,640
Average pay, Mississippi, May 2025
Bureau of Labor Statistics OEWS
Questions and answers
How much do loan officers make in Mississippi?
The average is $73,480 a year, and the median is $60,260. That is $14,310 (16%) less than the U.S. average of $87,790.
What is the hourly wage in Mississippi?
$35.33 an hour on average; the median is $28.97.
Where in Mississippi do they earn the most?
Memphis, TN-MS-AR ($75,860), followed by Jackson, MS ($74,670). The lowest average among 4 metro areas with data is Gulfport-Biloxi, MS ($67,660).
How does Mississippi rank?
Mississippi ranks #46 of 51 states (including D.C.) with published data for this job, by average pay.
Sources and notes. U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 (trend: May 2020–May 2025), occupation code 13-2072. State rank compares average pay across states with published data. Metro figures cover metropolitan statistical areas; a metro area can cross state lines. See also the national loan officers page. Wages are gross pay before taxes and don't include overtime premiums, tips, bonuses or benefits; self-employed workers aren't included. Year-to-year changes can partly reflect survey method changes, so treat the trend as a guide. How we use the data. JobPayFacts isn't affiliated with BLS.