Loan Officer Salary in Nashville, TN
2024 BLS OEWS Data · Finance · COL Index: 100.3
$66,130
Median Salary
$77,980
Mean Salary
$65,932
COL-Adjusted
2,370
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $39,260 | $39,143 |
| 25th Percentile | $49,610 | $49,462 |
| 50th Percentile (Median) | $66,130 | $65,932 |
| 75th Percentile | $93,660 | $93,380 |
| 90th Percentile (Top Earners) | $131,010 | $130,618 |
What Drives the Range
The $91,750 spread between the 10th and 90th percentiles for Loan Officer positions in Nashville, TN reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.
Nashville, TN's cost-of-living index of 100.3 means that a $66,130 median salary here has the same purchasing power as $65,932 in an average-cost U.S. city. The relatively moderate cost of living makes this a competitive market for purchasing power.