Loan Officers Salary in Chicago-Naperville-Elgin, IL-IN
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Chicago-Naperville-Elgin, IL-IN is $77,270 per year as of 2024. That works out to roughly $37.15 per hour. This is 4% above the national median of $74,180. 7,040 people work as Loan Officers in Chicago-Naperville-Elgin, IL-IN. Wages have grown 12% since 2014, when the median was $68,790.
Median Annual Salary
$77,270
Mean Annual
$92,600
Median Hourly
$37.15
Total Employed
7,040
Location Quotient
0.84
Average concentration
Salary Distribution
How This Compares
Chicago-Naperville-Elgin, IL-IN
$77,270
this metro
Illinois
$75,960
you earn +2% vs state
United States
$74,180
you earn +4% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $77,270 |
| 2023 | $77,380 |
| 2022 | $77,950 |
| 2021 | $70,660 |
| 2020 | $60,110 |
| 2019 | $68,940 |
| 2018 | $71,540 |
| 2017 | $71,580 |
| 2016 | $62,310 |
| 2015 | $67,880 |
| 2014 | $68,790 |
Related Business and Financial Operations Occupations Jobs in Chicago-Naperville-Elgin, IL-IN
Other occupations in the same group, sorted by salary.
| Management Analysts | $120,140 |
| Personal Financial Advisors | $108,640 |
| Project Management Specialists | $104,640 |
| Financial and Investment Analysts | $102,790 |
| Financial Examiners | $102,190 |
| Insurance Underwriters | $98,860 |