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Michigan

Loan Officers Salary in Michigan

BLS Occupational Employment & Wage Statistics · May 2024

Mean Annual
$82,830
-3.7% vs national
Hourly Wage
$39.82
 
10th Percentile
$34,690
Entry level
90th Percentile
$136,390
Senior level
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Salary Range

Loan Officerss in Michigan earn between $34,690 and $136,390, with a mean of $82,830. The national average for this role is $86,027.

$82,830 mean
10th Percentile$34,69090th Percentile$136,390

How Michigan Compares

LocationMean Salary
Michigan$82,830
National Average$86,027
District of Columbia$155,220
New York$122,170
Massachusetts$109,310
Vermont$100,750
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Data Source

Bureau of Labor Statistics OEWS, May 2024. Michigan. Hourly wages assume 2,080 hours/year.