Loan Officers Salary in Maryland

Loan officers in Maryland earn the most in Lexington Park (average $84,780 a year) and the least in Salisbury ($73,730), across the 4 Maryland metro areas we cover. Statewide, BLS puts the loan officers average at $84,190 and the median at $73,580 for 3,850 workers. The U.S. average for this job is $87,790.

Loan Officers average salary by city in Maryland

Lexington Park$84,780
Baltimore$79,620
Hagerstown$78,000
Salisbury$73,730

Pay, take-home pay and cost of living

City	Average	Median	25th pct.	Take-home*	Cost of living
Lexington Park	$84,780	$64,390	$47,380	$64,657	101
Baltimore	$79,620	$68,470	$46,690	$61,272	104
Hagerstown	$78,000	$62,060	$48,100	$60,210	94
Salisbury	$73,730	$60,700	$43,830	$57,408	96

*Average salary after federal and state taxes for a single filer; Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower. Cost of living: BEA price parity, U.S. = 100.

Loan Officers salary in other states

Loan Officers salary by city and state

More about pay in Maryland

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.
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.

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