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Job Salary Guide ยท 2026

Loan Officer Salary After Tax in Lewiston

Based on BLS OEWS data ยท ME ยท Single filer

Rent: ComfortableCOL Index: 0.91

Loan Officer Salary Range

25th Percentile

$50,000

Take-home:

$39,085

$3,257/mo

Entry to mid-level

Median

$70,000

Take-home:

$53,120

$4,427/mo

Typical salary

75th Percentile

$110,000

Take-home:

$78,400

$6,533/mo

Senior / specialist

Tax Breakdown

At median salary of $70,000

Gross Salary$70,000
Federal Tax(10.0%)โ€“$7,014
ME State Taxโ€“$4,511
Social Securityโ€“$4,340
Medicareโ€“$1,015
Annual Take-Home$53,120
$4,427Monthly
$2,043Bi-Weekly
24.11%Effective Rate

Cost of Living in Lewiston

Rent-to-income ratio (1BR)23.7% โ€” Comfortable

1BR Monthly Rent

$1,050/mo

2BR Monthly Rent

$1,320/mo

COL Index

0.91

Comfortable Rent Max

$1,106/mo

50 / 30 / 20 Budget Planner

Based on your monthly take-home of $4,427 ($53,124/yr)

Needs 50%Wants 30%Savings 20%
Needs50%

$2,214

per month

  • โ€บRent / mortgage
  • โ€บGroceries
  • โ€บUtilities
  • โ€บInsurance
  • โ€บMinimum debt payments
  • โ€บTransportation
Wants30%

$1,328

per month

  • โ€บDining out
  • โ€บStreaming services
  • โ€บGym
  • โ€บHobbies
  • โ€บTravel
  • โ€บShopping
Savings20%

$885

per month

  • โ€บEmergency fund
  • โ€บ401(k) / IRA
  • โ€บInvestments
  • โ€บDown payment fund
  • โ€บDebt payoff (extra)

Needs / year

$26,562

Wants / year

$15,937

Savings / year

$10,625

Frequently Asked Questions

What is the average Loan Officer salary in Lewiston?

The median Loan Officer salary in Lewiston (ME) is $70,000 per year based on BLS OEWS data. The 25th percentile is $50,000 and the 75th percentile is $110,000.

What is the take-home pay for a Loan Officer in Lewiston?

At the median salary of $70,000, a Loan Officer in ME takes home approximately $53,120 per year ($4,427/month) after federal and state taxes. The effective tax rate is 24.11%.

Can a Loan Officer afford rent in Lewiston?

The average 1-bedroom rent in Lewiston is $1,050/month. On the median Loan Officer salary, your rent-to-income ratio is 23.7%, which is "Comfortable". Financial experts recommend keeping rent below 25โ€“30% of take-home pay ($1,106/month at this salary).

How does cost of living affect Loan Officer salaries in Lewiston?

Lewiston has a cost-of-living index of 0.91 (1.00 = national average). Lewiston is 9% cheaper than the US average, so the Loan Officer salary goes further here than in high-cost metros.