Loan Officers Salary in Traverse City, MI (2026)
Source: BLS OEWS · Traverse City, MI · 140 employed
The average Loan Officers salary in Traverse City, MI is $67,270 per year. The middle 50% of Loan Officerss earn between $46,750 and $79,790. Top earners in the 90th percentile make $110,140 or more. Entry-level positions typically start around $32,430. The median of $59,510 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Traverse City, MI
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $32,430 |
| 25th Percentile | $46,750 |
| Median (50th Percentile) | $59,510 |
| Mean (Average) | $67,270 |
| 75th Percentile | $79,790 |
| 90th Percentile (Top earners) | $110,140 |
Related Jobs in Traverse City, MI
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $127,160 |
| Management Analysts | $104,510 |
| Project Management Specialists | $89,700 |
| Financial and Investment Analysts | $86,510 |
| Claims Adjusters, Examiners, and Investigators | $79,350 |
| Accountants and Auditors | $75,660 |
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 Traverse City, MI?
The average Loan Officers salary in Traverse City, MI is $67,270 per year, according to BLS OEWS.
What is the median Loan Officers salary in Traverse City, MI?
The median Loan Officers salary in Traverse City, MI is $59,510 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Traverse City, MI?
Entry-level Loan Officerss in Traverse City, MI typically earn around $32,430 per year (10th percentile). Workers in the 25th percentile earn about $46,750.
What do the highest-paid Loan Officerss earn in Traverse City, MI?
The highest-paid Loan Officerss in Traverse City, MI earn $110,140 or more per year (90th percentile). The 75th percentile wage is $79,790.
How many Loan Officerss work in Traverse City, MI?
There are approximately 140 Loan Officerss employed in the Traverse City, MI area, per BLS OEWS.