Loan Officers Salary in Ann Arbor, MI
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Ann Arbor, MI is $63,470 per year as of 2024. That works out to roughly $30.51 per hour. This is 14% below the national median of $74,180. 340 people work as Loan Officers in Ann Arbor, MI. Wages have grown 8% since 2014, when the median was $58,510.
Median Annual Salary
$63,470
Mean Annual
$74,170
Median Hourly
$30.51
Total Employed
340
Location Quotient
0.83
Average concentration
Salary Distribution
How This Compares
Ann Arbor, MI
$63,470
this metro
Michigan
$72,680
you earn -13% vs state
United States
$74,180
you earn -14% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $63,470 |
| 2023 | $73,550 |
| 2022 | $82,500 |
| 2021 | $78,920 |
| 2020 | $72,310 |
| 2019 | $59,560 |
| 2018 | $58,720 |
| 2017 | $55,510 |
| 2016 | $61,090 |
| 2015 | $59,650 |
| 2014 | $58,510 |
Related Business and Financial Operations Occupations Jobs in Ann Arbor, MI
Other occupations in the same group, sorted by salary.
| Management Analysts | $104,400 |
| Personal Financial Advisors | $102,520 |
| Financial Risk Specialists | $99,500 |
| Labor Relations Specialists | $97,620 |
| Project Management Specialists | $94,910 |
| Financial and Investment Analysts | $90,150 |