Loan Officers Salary in Springfield, IL (2026)
Source: BLS OEWS · Springfield, IL · 170 employed
The average Loan Officers salary in Springfield, IL is $80,890 per year. The middle 50% of Loan Officerss earn between $51,870 and $98,570. Top earners in the 90th percentile make $126,810 or more. Entry-level positions typically start around $48,800. The median of $69,340 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Springfield, IL
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $48,800 |
| 25th Percentile | $51,870 |
| Median (50th Percentile) | $69,340 |
| Mean (Average) | $80,890 |
| 75th Percentile | $98,570 |
| 90th Percentile (Top earners) | $126,810 |
Related Jobs in Springfield, IL
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $135,750 |
| Financial and Investment Analysts | $110,080 |
| Management Analysts | $102,960 |
| Insurance Underwriters | $95,530 |
| Business Operations Specialists, All Other | $93,990 |
| Project Management Specialists | $90,370 |
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 Springfield, IL?
The average Loan Officers salary in Springfield, IL is $80,890 per year, according to BLS OEWS.
What is the median Loan Officers salary in Springfield, IL?
The median Loan Officers salary in Springfield, IL is $69,340 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Springfield, IL?
Entry-level Loan Officerss in Springfield, IL typically earn around $48,800 per year (10th percentile). Workers in the 25th percentile earn about $51,870.
What do the highest-paid Loan Officerss earn in Springfield, IL?
The highest-paid Loan Officerss in Springfield, IL earn $126,810 or more per year (90th percentile). The 75th percentile wage is $98,570.
How many Loan Officerss work in Springfield, IL?
There are approximately 170 Loan Officerss employed in the Springfield, IL area, per BLS OEWS.