Loan Officers Salary in Saginaw, MI
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Saginaw, MI is $59,190 per year as of 2024. That works out to roughly $28.46 per hour. This is 20% below the national median of $74,180. 130 people work as Loan Officers in Saginaw, MI. Wages have grown 56% since 2014, when the median was $37,980.
Median Annual Salary
$59,190
Mean Annual
$66,380
Median Hourly
$28.46
Total Employed
130
Location Quotient
0.90
Average concentration
Salary Distribution
How This Compares
Saginaw, MI
$59,190
this metro
Michigan
$72,680
you earn -19% vs state
United States
$74,180
you earn -20% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $59,190 |
| 2023 | $59,550 |
| 2022 | $58,640 |
| 2021 | $60,630 |
| 2020 | $52,890 |
| 2019 | $45,190 |
| 2018 | $38,640 |
| 2017 | $40,010 |
| 2016 | $38,890 |
| 2015 | $38,210 |
| 2014 | $37,980 |
Related Business and Financial Operations Occupations Jobs in Saginaw, MI
Other occupations in the same group, sorted by salary.
| Personal Financial Advisors | $95,360 |
| Project Management Specialists | $93,720 |
| Management Analysts | $88,550 |
| Claims Adjusters, Examiners, and Investigators | $83,530 |
| Financial and Investment Analysts | $81,390 |
| Labor Relations Specialists | $76,650 |