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 level | Per year | Per month | Per 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.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Owensboro | $65,470 | $58,730 | $47,050 | $101,900 | 200 |
| Kentucky | $74,870 | $62,090 | $41,620 | $124,520 | 3,940 |
| United States | $87,790 | $76,690 | $39,430 | $153,180 | 274,330 |
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%).
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.
Loan Officers salary in other Kentucky cities
Owensboro ranks 6th of 6 Kentucky metro areas for this job; Lexington pays the most ($81,070).
- Lexington$81,070
- Bowling Green$79,080
- Louisville$77,620
- Paducah$75,490
- Elizabethtown$74,370
- Owensboro$65,470
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
Does this match what you are paid?
Anonymous, no account. Results update as visitors answer.
Share your pay anonymously
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.
Read the full methodology. Spotted an error? Tell us.