Loan Officers salary in Springfield, MA
The median loan officers in Springfield, MA earns $89,480 a year, 17% above the US median. After tax that is roughly $5,609 a month.
- 10th percentile
- $58,670
- 25th percentile
- $73,040
- Median percentile
- $89,480
- 75th percentile
- $125,530
- 90th percentile
- $168,650
Based on 150 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
$67,305 take-home a year
| Gross pay | $89,480 |
| Federal income tax | −$10,856 |
| Social Security + Medicare | −$6,845 |
| Massachusetts income tax (approx.) | −$4,474 |
| Monthly take-home | $5,609 |
| Every two weeks | $2,589 |
Does it go far here?
$93,149Median pay in Springfield, MA is worth this at average US prices (local price level 96.1 vs 100).
20%of take-home pay goes to the median rent ($1,136 a month, Census ACS).
Top-paying jobs in Springfield, MA
| Job | Median pay |
|---|---|
| Financial Managers | $175,950 |
| Computer and Information Systems Managers | $164,030 |
| Nurse Practitioners | $138,460 |
| Software Developers | $127,740 |
| Medical and Health Services Managers | $124,820 |
| Lawyers | $123,320 |
| Management Analysts | $107,210 |
| General and Operations Managers | $106,390 |