Loan Officers Salary in Bay City, MI (2024)
Source: BLS OEWS May 2024 · Bay City, MI · 30 employed
The average Loan Officers salary in Bay City, MI is $60,160 per year. The middle 50% of Loan Officerss earn between $40,070 and $61,360. Top earners in the 90th percentile make $104,330 or more. Entry-level positions typically start around $35,230. The median of $48,600 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Bay City, MI
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $35,230 |
| 25th Percentile | $40,070 |
| Median (50th Percentile) | $48,600 |
| Mean (Average) | $60,160 |
| 75th Percentile | $61,360 |
| 90th Percentile (Top earners) | $104,330 |
Related Jobs in Bay City, MI
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $115,790 |
| Management Analysts | $98,780 |
| Business Operations Specialists, All Other | $84,880 |
| Project Management Specialists | $84,080 |
| Accountants and Auditors | $74,830 |
| Logisticians | $69,470 |
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 Bay City, MI?
The average Loan Officers salary in Bay City, MI is $60,160 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Bay City, MI?
The median Loan Officers salary in Bay City, MI is $48,600 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Bay City, MI?
Entry-level Loan Officerss in Bay City, MI typically earn around $35,230 per year (10th percentile). Workers in the 25th percentile earn about $40,070.
What do the highest-paid Loan Officerss earn in Bay City, MI?
The highest-paid Loan Officerss in Bay City, MI earn $104,330 or more per year (90th percentile). The 75th percentile wage is $61,360.
How many Loan Officerss work in Bay City, MI?
There are approximately 30 Loan Officerss employed in the Bay City, MI area, per BLS OEWS May 2024.