IncomeLens

Loan Officer Salary in Philadelphia, PA

How much do Loan Officers earn in Philadelphia, PA? See local salary data, cost-of-living adjustments, and percentile breakdowns.

Local Median

$77,889

National Median

$74,180

vs National

+5%

CoL Adjusted

$67,848

Loan Officer Pay Scale in Philadelphia, PA
PercentilePhiladelphia, PANationalDifference
10th$40,415$38,490+5%
25th$54,453$51,860+5%
50th (Median)$77,889$74,180+5%
75th$112,508$107,150+5%
90th$153,069$145,780+5%
Cost of Living in Philadelphia, PA

Philadelphia, PA has a cost of living index of 114.8 (national average = 100). This means living in Philadelphia, PA is 15% more expensive than the national average.

After adjusting for cost of living, a Loan Officer's median salary of $77,889 in Philadelphia, PA has the purchasing power of approximately $67,848 at national-average prices.

Explore Philadelphia, PA Cost of Living
Loan Officer Take-Home Pay in Philadelphia, PA

Annual

$60,563

Monthly

$5,047

Biweekly

$2,329

Tax ItemAmount
Gross Salary$77,889
Federal Income Tax-$8,977
State Tax (Pennsylvania)-$2,391
Social Security-$4,829
Medicare-$1,129
Total Tax-$17,326
Take-Home Pay$60,563

Based on single filer with standard deduction. Pennsylvania has a flat 3.07% state income tax.

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Loan Officer Salary in Other Cities

Loan Officer Salary in Philadelphia, PA: What to Expect in 2025

Loan Officers in Philadelphia, PA earn a median salary of $77,889, which is 5% higher the national median of $74,180. However, the high cost of living in Philadelphia, PA (index: 114.8) means your dollar doesn't go as far — the cost-of-living-adjusted salary is approximately $67,848.