Loan Officers Salary in Indianapolis, IN (2024)
Source: BLS OEWS May 2024 · Indianapolis-Carmel-Greenwood, IN · 1,530 employed
The average Loan Officers salary in Indianapolis, IN is $87,320 per year. The middle 50% of Loan Officerss earn between $53,940 and $105,710. Top earners in the 90th percentile make $132,920 or more. Entry-level positions typically start around $47,320. The median of $78,190 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Indianapolis, IN
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $47,320 |
| 25th Percentile | $53,940 |
| Median (50th Percentile) | $78,190 |
| Mean (Average) | $87,320 |
| 75th Percentile | $105,710 |
| 90th Percentile (Top earners) | $132,920 |
Related Jobs in Indianapolis, IN
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $189,370 |
| Financial Risk Specialists | $112,320 |
| Management Analysts | $103,360 |
| Financial Examiners | $102,490 |
| Project Management Specialists | $97,480 |
| Financial and Investment Analysts | $94,700 |
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 Indianapolis, IN?
The average Loan Officers salary in Indianapolis, IN is $87,320 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Indianapolis, IN?
The median Loan Officers salary in Indianapolis, IN is $78,190 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Indianapolis, IN?
Entry-level Loan Officerss in Indianapolis, IN typically earn around $47,320 per year (10th percentile). Workers in the 25th percentile earn about $53,940.
What do the highest-paid Loan Officerss earn in Indianapolis, IN?
The highest-paid Loan Officerss in Indianapolis, IN earn $132,920 or more per year (90th percentile). The 75th percentile wage is $105,710.
How many Loan Officerss work in Indianapolis, IN?
There are approximately 1,530 Loan Officerss employed in the Indianapolis-Carmel-Greenwood, IN area, per BLS OEWS May 2024.