LSLocalSalaryHub

Loan Officers Salary in Elizabethtown, KY

BLS Official DataUpdated 2025-05-31
Median Annual

$64,090

Mean: $74,370

~$49,990 est. take-home

Hourly Rate

$30.81

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

Loan Officers salary in Elizabethtown, KY — median $64,090/year, range $47,820-$96,940

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$47,820

Median

$64,090

75th %

$96,940

Median is in the 33th percentile of the typical range

Loan Officers in other KY cities

Compare the same occupation across cities in KY.

About Loan Officers salaries in Elizabethtown, KY

According to the U.S. Bureau of Labor Statistics, the median annual salary for loan officers in Elizabethtown, KY is $64,090. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.

Salaries typically range from $47,820 (25th percentile) to $96,940 (75th percentile), reflecting differences in experience, employer size, and specialization.

The estimated hourly rate is $30.81 per hour, based on a standard 2,080-hour work year.

Career Outlook

4% growthAs fast as average (BLS 2024–2034)

Loan officer employment is projected to grow 4% through 2034. Interest rate fluctuations, commercial lending demand, and the expansion of fintech lending platforms create variable but steady opportunities in this field.

💡 Key insight: Commercial loan officers typically earn significantly more than consumer loan officers through commission-based compensation structures.

Frequently Asked Questions

What is the average salary for a loan officers in Elizabethtown?

The median salary is $64,090 per year. The mean (average) salary is $74,370.

How much does a loan officers make per hour in Elizabethtown?

The estimated hourly rate is $30.81 per hour.

What is the salary range for loan officers in Elizabethtown?

Salaries typically range from $47,820 (25th percentile) to $96,940 (75th percentile).

Salary Conversion Table

How does $64,090 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$64,090$49,990
Monthly$5,341$4,166
Biweekly$2,465$1,923
Weekly$1,233$961
Hourly (40h/wk)$30.81$24.03
Hourly (35h/wk)$35.21$27.47
Hourly (30h/wk)$41.08$32.04
Daily (8h)$247$192

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Loan Officers: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for loan officers, based on BLS median salary data.