Loan Officers Salary in Bay City, MI
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Bay City, MI is $48,600 per year as of 2024. That works out to roughly $23.36 per hour. This is 34% below the national median of $74,180. 30 people work as Loan Officers in Bay City, MI. Wages have declined 4% since 2014, when the median was $50,740.
Median Annual Salary
$48,600
Mean Annual
$60,160
Median Hourly
$23.36
Total Employed
30
Location Quotient
0.54
Less common here
Salary Distribution
How This Compares
Bay City, MI
$48,600
this metro
Michigan
$72,680
you earn -33% vs state
United States
$74,180
you earn -34% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $48,600 |
| 2022 | $75,190 |
| 2021 | $60,240 |
| 2020 | $39,620 |
| 2019 | $38,800 |
| 2018 | $54,720 |
| 2017 | $49,000 |
| 2016 | $47,620 |
| 2015 | $45,400 |
| 2014 | $50,740 |
Related Business and Financial Operations Occupations Jobs in Bay City, MI
Other occupations in the same group, sorted by salary.
| Personal Financial Advisors | $93,820 |
| Management Analysts | $90,090 |
| Business Operations Specialists, All Other | $77,920 |
| Project Management Specialists | $75,660 |
| Accountants and Auditors | $68,060 |
| Compliance Officers | $65,100 |