WageDepth

Loan Officers Salary in Illinois

SOC 13-2072 · State · 2024 BLS OEWS

The median salary for a Loan Officers in Illinois is $75,960 per year as of 2024. That works out to roughly $36.52 per hour. This is 2% above the national median of $74,180. 10,330 people work as Loan Officers in Illinois. Wages have grown 16% since 2014, when the median was $65,460.

Median Annual Salary

$75,960

Mean Annual

$88,570

Median Hourly

$36.52

Total Employed

10,330

Location Quotient

0.90

Average concentration

Salary Distribution

$47k
10th
$56k
25th
$76k
Median
$102k
75th
$137k
90th

How This Compares

Illinois

$75,960

this metro

United States

$74,180

you earn +2% vs US

Salary Trend

View data table
Year Median Annual
2024 $75,960
2023 $75,250
2022 $75,990
2021 $63,170
2020 $59,720
2019 $64,560
2018 $66,570
2017 $68,250
2016 $61,850
2015 $65,860
2014 $65,460

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