Loan Officers salary in Memphis, TN
The median loan officers in Memphis, TN-MS-AR earns $63,250 a year, 18% below the US median. After tax that is roughly $4,417 a month.
- 10th percentile
- $38,210
- 25th percentile
- $47,430
- Median percentile
- $63,250
- 75th percentile
- $89,780
- 90th percentile
- $131,380
Based on 930 employed. Data period: BLS OEWS May 2025. Percentiles show the spread of pay, not experience; reading the 25th percentile as "entry level" is only an approximation.
What you keep
$53,001 take-home a year
| Gross pay | $63,250 |
| Federal income tax | −$5,410 |
| Social Security + Medicare | −$4,839 |
| Tennessee income tax (approx.) | −$0 |
| Monthly take-home | $4,417 |
| Every two weeks | $2,039 |
Does it go far here?
$68,616Median pay in Memphis, TN is worth this at average US prices (local price level 92.2 vs 100).
28%of take-home pay goes to the median rent ($1,220 a month, Census ACS).
Top-paying jobs in Memphis, TN
| Job | Median pay |
|---|---|
| Physicians, All Other | $388,960 |
| Chief Executives | $196,680 |
| Computer and Information Systems Managers | $161,790 |
| Financial Managers | $143,880 |
| Human Resources Managers | $138,560 |
| Lawyers | $134,440 |
| Pharmacists | $134,220 |
| Marketing Managers | $132,540 |