Loan Officers pay range in Dover
New workers and the lowest-paid 10% earn about $42,120 a year or less, while the top 10% make $117,930 or more. The middle half of loan officers in Dover earn between $42,120 and $84,180.
- $42K10th
- $42K25th
- $59KMedian
- $84K75th
- $118K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $72,200 | $6,017 | $34.71 |
| Median | $58,540 | $4,878 | $28.14 |
| Entry level (25th percentile) | $42,120 | $3,510 | $20.25 |
| Experienced (75th percentile) | $84,180 | $7,015 | $40.47 |
*Hourly figures assume 2,080 paid hours a year.
Loan Officers salary after taxes in Dover
On the average salary of $72,200, a single filer in Dover takes home about $56,088 a year, or $4,674 a month and $2,157 every two weeks. Taxes take 22% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
Is Dover a good place for loan officers? Pay vs. cost of living
Prices in the Dover area are 2% below the U.S. average (BEA price parity 97.5), so the average $72,200 buys what about $74,046 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in Dover ($46,690). A typical home costs $372,156, or 5.2 years of this average salary before tax.
Loan Officers salary in nearby metro areas
- Vineland, NJ$91,160
- Atlantic City, NJ$92,600
- Philadelphia, PA$86,920
- Baltimore, MD$79,620
- Salisbury, MD$73,730
- Lancaster, PA$84,620
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in Dover: questions
How much do loan officers make an hour in Dover?
$34.71 an hour on average, and $28.14 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Dover?
The lowest-paid 10% earn about $42,120 a year and the 25th percentile is $42,120, a fair guide to starting pay.
What is the loan officers take-home pay in Dover?
About $56,088 a year ($4,674 a month) for a single filer on the average salary of $72,200.
Do loan officers earn more in Dover than elsewhere?
The average here is 19% less than the U.S. metro average for this job ($88,726).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area Dover, DE (20100). Relative standard error of the mean wage: 3.0%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
- Job concentration: location quotient 1.32, this job is 1.3 times as concentrated as in the U.S. overall.
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