Loan Officers pay range in Salisbury
New workers and the lowest-paid 10% earn about $37,890 a year or less, while the top 10% make $134,060 or more. The middle half of loan officers in Salisbury earn between $43,830 and $80,080.
- $38K10th
- $44K25th
- $61KMedian
- $80K75th
- $134K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $73,730 | $6,144 | $35.45 |
| Median | $60,700 | $5,058 | $29.18 |
| Entry level (25th percentile) | $43,830 | $3,652 | $21.07 |
| Experienced (75th percentile) | $80,080 | $6,673 | $38.50 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Salisbury vs. Maryland and the U.S.
Loan officers in Salisbury earn 12% less than the Maryland average ($84,190) and 16% less than the U.S. average ($87,790). At the median the gap is -21% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Salisbury | $73,730 | $60,700 | $37,890 | $134,060 | 50 |
| Maryland | $84,190 | $73,580 | $37,470 | $159,860 | 3,850 |
| 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 Salisbury
On the average salary of $73,730, a single filer in Salisbury takes home about $57,408 a year, or $4,784 a month and $2,208 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). Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower.
Is Salisbury a good place for loan officers? Pay vs. cost of living
Prices in the Salisbury area are 4% below the U.S. average (BEA price parity 95.6), so the average $73,730 buys what about $77,110 would buy in a typical U.S. metro. This job pays 1.2 times the median wage of all jobs in Salisbury ($48,710). A typical home costs $429,483, or 5.8 years of this average salary before tax.
Loan Officers salary in other Maryland cities
Salisbury ranks 4th of 4 Maryland metro areas for this job; Lexington Park pays the most ($84,780).
- Lexington Park$84,780
- Baltimore$79,620
- Hagerstown$78,000
- Salisbury$73,730
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 Salisbury: questions
How much do loan officers make an hour in Salisbury?
$35.45 an hour on average, and $29.18 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Salisbury?
The lowest-paid 10% earn about $37,890 a year and the 25th percentile is $43,830, a fair guide to starting pay.
What is the loan officers take-home pay in Salisbury?
About $57,408 a year ($4,784 a month) for a single filer on the average salary of $73,730. Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower.
Do loan officers earn more in Salisbury than elsewhere?
The average here is 16% 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 Salisbury, MD (41540). Relative standard error of the mean wage: 6.1%.
- 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 (2025 rules). Maryland's county income tax (2.25%–3.30%, charged in every county) is not included, so real take-home pay is lower.
- Job concentration: location quotient 0.49, this job is less common than in the U.S. overall (location quotient 0.49).
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