State comparison · 2025
Loan Officers salary: Illinois vs Massachusetts
Loan Officers in Massachusetts earn a median of $101,600. In Illinois, $79,150. After cost-of-living, the gap is 17.6% — not 22.1%.
Nominal pay gap
-22.1%
Illinois vs Massachusetts
COL-adjusted gap
-17.6%
After BEA Regional Price Parities
Illinois
Loan Officers
- Median
- $79,150
- p25
- $60,520
- p75
- $104,560
- p10
- $43,020
- p90
- $137,080
- COL index (BEA RPP)100 = US average
- 100.0
Massachusetts
Loan Officers
- Median
- $101,600
- p25
- $79,760
- p75
- $136,940
- p10
- $64,680
- p90
- $198,220
- COL index (BEA RPP)100 = US average
- 105.8
BLS Occupational Employment and Wage Statistics, May 2025. Cost-of-living adjustment from BEA Regional Price Parities (overall index). Hiring velocity from DOL OFLC public disclosure data, recent 180 days vs prior. See methodology.