Loan Officers Salary in Rockford, IL
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Rockford, IL is $64,470 per year as of 2024. That works out to roughly $31.00 per hour. This is 13% below the national median of $74,180. 80 people work as Loan Officers in Rockford, IL. Wages have grown 15% since 2014, when the median was $56,230.
Median Annual Salary
$64,470
Mean Annual
$75,880
Median Hourly
$31.00
Total Employed
80
Location Quotient
0.32
Less common here
Salary Distribution
How This Compares
Rockford, IL
$64,470
this metro
Illinois
$75,960
you earn -15% vs state
United States
$74,180
you earn -13% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $64,470 |
| 2023 | $61,760 |
| 2022 | $60,850 |
| 2021 | $54,700 |
| 2020 | $50,960 |
| 2019 | $55,440 |
| 2018 | $61,340 |
| 2017 | $56,470 |
| 2016 | $53,700 |
| 2015 | $53,490 |
| 2014 | $56,230 |
Related Business and Financial Operations Occupations Jobs in Rockford, IL
Other occupations in the same group, sorted by salary.
| Labor Relations Specialists | $102,290 |
| Management Analysts | $95,730 |
| Financial and Investment Analysts | $94,080 |
| Insurance Underwriters | $89,410 |
| Personal Financial Advisors | $86,100 |
| Project Management Specialists | $78,480 |