SOC 13-2072 · Owensboro, KY metro

Loan Officers Salary in Owensboro, KY

The average salary for loan officers in Owensboro, Kentucky is $65,470 a year ($31.48 an hour), according to BLS estimates for May 2025. The median is $58,730: half of the 200 people in this job in the Owensboro, KY metro area earn more than that, half earn less. That average is 25% less than the U.S. average for this job ($87,790).

$65,470average per year

$31.48 / hourMedian $58,730Take-home ≈ $51,446

  • $47K10th
  • $48K25th
  • $59KMedian
  • $78K75th
  • $102K90th

median average · bar = middle 50% of workers · how to read it

200people in this job
-25%vs U.S. average
#6 of 6Kentucky metros
89cost of living (U.S. = 100)
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Loan Officers pay range in Owensboro

New workers and the lowest-paid 10% earn about $47,050 a year or less, while the top 10% make $101,900 or more. The middle half of loan officers in Owensboro earn between $47,860 and $77,830.

  • $47K10th
  • $48K25th
  • $59KMedian
  • $78K75th
  • $102K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$65,470$5,456$31.48
Median$58,730$4,894$28.24
Entry level (25th percentile)$47,860$3,988$23.01
Experienced (75th percentile)$77,830$6,486$37.42

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Loan Officers pay in Owensboro vs. Kentucky and the U.S.

Loan officers in Owensboro earn 13% less than the Kentucky average ($74,870) and 25% less than the U.S. average ($87,790). At the median the gap is -23% against the U.S. median of $76,690.

AreaAverageMedian10th pct.90th pct.Jobs
Owensboro$65,470$58,730$47,050$101,900200
Kentucky$74,870$62,090$41,620$124,5203,940
United States$87,790$76,690$39,430$153,180274,330

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Loan Officers salary after taxes in Owensboro

On the average salary of $65,470, a single filer in Owensboro takes home about $51,446 a year, or $4,287 a month and $1,979 every two weeks. Taxes take 21% of gross pay.

Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Includes Owensboro's local income tax (1.78%).

Kentucky paycheck calculator: try your own salary

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Is Owensboro a good place for loan officers? Pay vs. cost of living

Prices in the Owensboro area are 11% below the U.S. average (BEA price parity 88.6), so the average $65,470 buys what about $73,886 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in Owensboro ($44,960). A typical home costs $213,657, or 3.3 years of this average salary before tax.

See what $65,470 is worth in another city

Loan Officers salary in other Kentucky cities

Owensboro ranks 6th of 6 Kentucky metro areas for this job; Lexington pays the most ($81,070).

All Loan Officers salaries in Kentucky

Highest-paying cities for loan officers

Elmira, NY pays this job the most of the metro areas we cover ($129,370).

Loan Officers salary by city

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Reviewed before it counts. Loan Officers in Owensboro, KY.

Loan Officers salary in Owensboro: questions

How much do loan officers make an hour in Owensboro?

$31.48 an hour on average, and $28.23 at the median (BLS, May 2025).

What is the entry-level loan officers salary in Owensboro?

The lowest-paid 10% earn about $47,050 a year and the 25th percentile is $47,860, a fair guide to starting pay.

What is the loan officers take-home pay in Owensboro?

About $51,446 a year ($4,287 a month) for a single filer on the average salary of $65,470. Includes Owensboro's local income tax (1.78%).

Do loan officers earn more in Owensboro than elsewhere?

The average here is 25% less than the U.S. average for this job ($87,790).

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 Owensboro, KY (36980). Relative standard error of the mean wage: 2.2%.
  • U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
  • 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 (2026 rules). Includes Owensboro's local income tax (1.78%).
  • Job concentration: location quotient 2.24, this job is 2.2 times as concentrated as in the U.S. overall.

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