WageDepth

Loan Officers Salary in Midland, MI

SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS

The median salary for a Loan Officers in Midland, MI is $62,200 per year as of 2024. That works out to roughly $29.91 per hour. This is 16% below the national median of $74,180. 70 people work as Loan Officers in Midland, MI. Wages have grown 37% since 2015, when the median was $45,260.

Median Annual Salary

$62,200

Mean Annual

$69,210

Median Hourly

$29.91

Total Employed

70

Location Quotient

1.04

Average concentration

Salary Distribution

$46k
10th
$51k
25th
$62k
Median
$72k
75th
$103k
90th

How This Compares

Midland, MI

$62,200

this metro

Michigan

$72,680

you earn -14% vs state

United States

$74,180

you earn -16% vs US

Salary Trend

View data table
Year Median Annual
2024 $62,200
2023 $63,480
2022 $57,120
2021 $61,570
2020 $48,000
2016 $44,890
2015 $45,260

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