Loan Officers Salary in Grand Rapids-Wyoming-Kentwood, MI
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Grand Rapids-Wyoming-Kentwood, MI is $73,490 per year as of 2024. That works out to roughly $35.33 per hour. This is 1% below the national median of $74,180. 890 people work as Loan Officers in Grand Rapids-Wyoming-Kentwood, MI. Wages have grown 55% since 2014, when the median was $47,370.
Median Annual Salary
$73,490
Mean Annual
$88,080
Median Hourly
$35.33
Total Employed
890
Location Quotient
0.84
Average concentration
Salary Distribution
How This Compares
Grand Rapids-Wyoming-Kentwood, MI
$73,490
this metro
Michigan
$72,680
you earn +1% vs state
United States
$74,180
you earn -1% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $73,490 |
| 2023 | $79,410 |
| 2022 | $81,260 |
| 2021 | $79,450 |
| 2020 | $55,660 |
| 2019 | $51,470 |
| 2018 | $58,180 |
| 2017 | $51,110 |
| 2016 | $49,850 |
| 2015 | $49,080 |
| 2014 | $47,370 |
Related Business and Financial Operations Occupations Jobs in Grand Rapids-Wyoming-Kentwood, MI
Other occupations in the same group, sorted by salary.
| Financial Risk Specialists | $103,180 |
| Personal Financial Advisors | $98,860 |
| Financial and Investment Analysts | $86,160 |
| Project Management Specialists | $85,550 |
| Management Analysts | $81,070 |
| Insurance Underwriters | $80,920 |