Loan Officers Salary in Illinois
State wage data from the BLS OEWS survey, May 2025.
Median annual
$79,150
Median hourly
$38
Average annual
$89,350
Employed in state
11K
The median annual salary for Loan Officers in Illinois is $79,150, or about $38 an hour. That is 3% higher than the national median.
Pay in Illinois ranges from $43,020 at the 10th percentile to $137,080 at the 90th percentile. Roughly 11K people work as loan officers in the state.
Pay distribution in Illinois
10th$43,020
25th$60,520
Median$79,150
75th$104,560
90th$137,080
Salary calculator
- Hourly
- $38.05
- Daily
- $304
- Weekly
- $1,522
- Bi-weekly
- $3,044
- Monthly
- $6,596
- Annual
- $79,150
$79,150 a year is around the 50th percentile for Loan Officerss in Illinois. The median is $79,150.
Loan Officers pay by metro area in Illinois
| Metro area | Median annual | Employment |
|---|---|---|
| Chicago-Naperville-Elgin, IL-IN | $80,040 | 7.4K |
| Champaign-Urbana, IL | $78,950 | 210 |
| Springfield, IL | $78,600 | 190 |
| Cape Girardeau, MO-IL | $76,400 | 70 |
| Rockford, IL | $75,880 | 90 |
| Davenport-Moline-Rock Island, IA-IL | $75,380 | 350 |
| Decatur, IL | $75,190 | 90 |
| Peoria, IL | $74,530 | 270 |
| St. Louis, MO-IL | $74,510 | 2.7K |
| Bloomington, IL | $67,140 | 160 |
| Kankakee, IL | $62,570 | 80 |
| Paducah, KY-IL | $60,080 | 90 |
Other jobs in Illinois
- Laborers and Freight, Stock, and Material Movers, Hand$40,240
- General and Operations Managers$105,770
- Cashiers$32,880
- Registered Nurses$97,550
- Home Health and Personal Care Aides$35,800
- Fast Food and Counter Workers$31,200
- Retail Salespersons$35,410
- Stockers and Order Fillers$37,330
- Customer Service Representatives$44,770
- Office Clerks, General$45,010
- Janitors and Cleaners, Except Maids and Housekeeping Cleaners$36,840
- Heavy and Tractor-Trailer Truck Drivers$58,640
- Miscellaneous Assemblers and Fabricators$44,650
- Secretaries and Administrative Assistants, Except Legal, Medical, and Executive$47,540
- Waiters and Waitresses$35,230
- Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel$69,990
- Nursing Assistants$42,260
- Maintenance and Repair Workers, General$49,590
- Teaching Assistants, Except Postsecondary$36,780
- Elementary School Teachers, Except Special Education$63,970