Loan Officer Salary in Boston, MA
How much do Loan Officers earn in Boston, MA? See local salary data, cost-of-living adjustments, and percentile breakdowns.
Local Median
$84,565
National Median
$74,180
vs National
+14%
CoL Adjusted
$52,072
| Percentile | Boston, MA | National | Difference |
|---|---|---|---|
| 10th | $43,879 | $38,490 | +14% |
| 25th | $59,120 | $51,860 | +14% |
| 50th (Median) | $84,565 | $74,180 | +14% |
| 75th | $122,151 | $107,150 | +14% |
| 90th | $166,189 | $145,780 | +14% |
Boston, MA has a cost of living index of 162.4 (national average = 100). This means living in Boston, MA is 62% more expensive than the national average.
After adjusting for cost of living, a Loan Officer's median salary of $84,565 in Boston, MA has the purchasing power of approximately $52,072 at national-average prices.
Explore Boston, MA Cost of LivingAnnual
$63,643
Monthly
$5,304
Biweekly
$2,448
| Tax Item | Amount |
|---|---|
| Gross Salary | $84,565 |
| Federal Income Tax | -$10,445 |
| State Tax (Massachusetts) | -$4,008 |
| Social Security | -$5,243 |
| Medicare | -$1,226 |
| Total Tax | -$20,922 |
| Take-Home Pay | $63,643 |
Based on single filer with standard deduction. Massachusetts has a flat 5.00% state income tax.
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Loan Officer Salary in Boston, MA: What to Expect in 2025
Loan Officers in Boston, MA earn a median salary of $84,565, which is 14% higher the national median of $74,180. However, the high cost of living in Boston, MA (index: 162.4) means your dollar doesn't go as far — the cost-of-living-adjusted salary is approximately $52,072.