Loan Officers Salary in Monroe, MI
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Monroe, MI is $55,000 per year as of 2024. That works out to roughly $26.44 per hour. This is 26% below the national median of $74,180. 50 people work as Loan Officers in Monroe, MI. Wages have grown 35% since 2014, when the median was $40,870.
Median Annual Salary
$55,000
Mean Annual
$65,550
Median Hourly
$26.44
Total Employed
50
Location Quotient
0.63
Less common here
Salary Distribution
How This Compares
Monroe, MI
$55,000
this metro
Michigan
$72,680
you earn -24% vs state
United States
$74,180
you earn -26% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $55,000 |
| 2022 | $62,740 |
| 2021 | $58,260 |
| 2018 | $74,050 |
| 2015 | $43,390 |
| 2014 | $40,870 |
Related Business and Financial Operations Occupations Jobs in Monroe, MI
Other occupations in the same group, sorted by salary.
| Management Analysts | $99,500 |
| Project Management Specialists | $97,530 |
| Financial and Investment Analysts | $96,270 |
| Business Operations Specialists, All Other | $80,070 |
| Training and Development Specialists | $78,330 |
| Logisticians | $76,260 |