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Loan Officers Salary in Gulfport, MS

BLS Official DataUpdated 2025-05-31
Median Annual

$56,640

Mean: $67,660

~$44,179 est. take-home

Hourly Rate

$27.23

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

Take-Home Pay Calculator

Estimate your real monthly budget in Gulfport, MS

$

Tax Breakdown

Federal Income Tax-$3,373
State Income Tax-$1,957
Social Security-$3,512
Medicare-$821
Effective Tax Rate17.1%

Monthly Take-Home

$3,915

Annual Take-Home

$46,977

Monthly Budget in Gulfport

Housing / Rent$1,35034%
Food & Groceries$40010%
Transportation$3509%
Utilities$1805%
Healthcare$2506%
Remaining / Savings$1,38535%
Financial Stress Level
ComfortableGood savings potential
To maintain this lifestyle nationally:$56,640(+0% vs. local median)
Loan Officers salary in Gulfport, MS — median $56,640/year, range $40,330-$75,380

Salary Distribution

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

25th %

$40,330

Median

$56,640

75th %

$75,380

Median is in the 47th percentile of the typical range

Compare with another city

See how this salary compares to the same role in a different location.

Loan Officers in other MS cities

Compare the same occupation across cities in MS.

About Loan Officers salaries in Gulfport, MS

According to the U.S. Bureau of Labor Statistics, the median annual salary for loan officers in Gulfport, MS is $56,640. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.

Salaries typically range from $40,330 (25th percentile) to $75,380 (75th percentile), reflecting differences in experience, employer size, and specialization.

The estimated hourly rate is $27.23 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 Gulfport?

The median salary is $56,640 per year. The mean (average) salary is $67,660.

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

The estimated hourly rate is $27.23 per hour.

What is the salary range for loan officers in Gulfport?

Salaries typically range from $40,330 (25th percentile) to $75,380 (75th percentile).

Salary Conversion Table

How does $56,640 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$56,640$44,179
Monthly$4,720$3,682
Biweekly$2,178$1,699
Weekly$1,089$850
Hourly (40h/wk)$27.23$21.24
Hourly (35h/wk)$31.12$24.27
Hourly (30h/wk)$36.31$28.32
Daily (8h)$218$170

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.