Loan Officers Salary in Ann Arbor, MI (2024)
Source: BLS OEWS May 2024 · Ann Arbor, MI · 340 employed
The average Loan Officers salary in Ann Arbor, MI is $74,170 per year. The middle 50% of Loan Officerss earn between $44,000 and $101,540. Top earners in the 90th percentile make $132,990 or more. Entry-level positions typically start around $27,160. The median of $63,470 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Ann Arbor, MI
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $27,160 |
| 25th Percentile | $44,000 |
| Median (50th Percentile) | $63,470 |
| Mean (Average) | $74,170 |
| 75th Percentile | $101,540 |
| 90th Percentile (Top earners) | $132,990 |
Related Jobs in Ann Arbor, MI
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $158,740 |
| Financial Risk Specialists | $110,760 |
| Management Analysts | $108,610 |
| Financial and Investment Analysts | $105,870 |
| Project Management Specialists | $98,550 |
| Budget Analysts | $95,750 |
Loan Officers Salaries in Other Cities
| City | Mean Annual |
|---|---|
| Dayton, OH | $135,040 |
| New York, NY | $125,440 |
| Elmira, NY | $123,770 |
| New Haven, CT | $114,840 |
| Washington, DC | $112,140 |
| Lawrence, KS | $111,560 |
| Boston, MA | $110,820 |
| San Francisco, CA | $109,880 |
Frequently Asked Questions
What is the average Loan Officers salary in Ann Arbor, MI?
The average Loan Officers salary in Ann Arbor, MI is $74,170 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Ann Arbor, MI?
The median Loan Officers salary in Ann Arbor, MI is $63,470 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Ann Arbor, MI?
Entry-level Loan Officerss in Ann Arbor, MI typically earn around $27,160 per year (10th percentile). Workers in the 25th percentile earn about $44,000.
What do the highest-paid Loan Officerss earn in Ann Arbor, MI?
The highest-paid Loan Officerss in Ann Arbor, MI earn $132,990 or more per year (90th percentile). The 75th percentile wage is $101,540.
How many Loan Officerss work in Ann Arbor, MI?
There are approximately 340 Loan Officerss employed in the Ann Arbor, MI area, per BLS OEWS May 2024.