SalaryCalculations

Loan Officers Salary in Detroit, MI

Estimates come from the Detroit-Warren-Dearborn, MI metro area, the closest geography BLS publishes.

The median annual pay for Loan Officers in Detroit, MI is $76,260, 1% lower than the national median. BLS reports wages at the metro level, and Detroit sits within the Detroit-Warren-Dearborn, MI metro area, so this is the closest official estimate for the city.

Across the Detroit-Warren-Dearborn, MI area, Loan Officers pay runs from $36,520 to $135,700 a year, with about 7.2K people employed.

Median annual

$76,260

Median hourly

$37

Average annual

$85,940

Employed in metro

7.2K

Pay distribution

10th$36,520
25th$50,310
Median$76,260
75th$105,620
90th$135,700

Salary calculator

Hourly
$36.66
Daily
$293
Weekly
$1,467
Bi-weekly
$2,933
Monthly
$6,355
Annual
$76,260

$76,260 a year is around the 50th percentile for Loan Officerss in Detroit, MI. The median is $76,260.

Loan Officers in other metro areas

  • Enid, OK$104,990
  • Bridgeport-Stamford-Danbury, CT$103,850
  • Boston-Cambridge-Newton, MA-NH$103,400
  • San Francisco-Oakland-Fremont, CA$103,000
  • Minneapolis-St. Paul-Bloomington, MN-WI$102,200
  • New York-Newark-Jersey City, NY-NJ$101,570
  • Des Moines-West Des Moines, IA$101,190
  • Lawrence, KS$100,480