Wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program. The OES is a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

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          Wages for Loan Officers in ILLINOIS

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          Location Pay
          Period          		 2025
          10% 25% Median 75% 90%
          United States Hourly $18.96 $25.35 $36.87 $50.04 $73.65
          Yearly $39,430 $52,730 $76,690 $104,080 $153,180
          Illinois Hourly $20.69 $29.10 $38.05 $50.27 $65.90
          Yearly $43,020 $60,520 $79,150 $104,560 $137,080
          Chicago-Naperville-Elgin, IL-IN Metro Area Hourly $19.57 $29.05 $38.48 $50.58 $68.83
          Yearly $40,710 $60,430 $80,040 $105,210 $143,160
          Rockford, IL Metro Area Hourly $23.60 $28.40 $36.48 $47.22 $61.23
          Yearly $49,080 $59,070 $75,880 $98,210 $127,350
          Bloomington, IL Metro Area Hourly $15.00 $21.51 $32.28 $46.50 $59.68
          Yearly $31,200 $44,740 $67,140 $96,720 $124,130
          South Illinois Balance of State Hourly $23.96 $29.50 $38.28 $48.55 $59.71
          Yearly $49,840 $61,370 $79,620 $100,990 $124,200
          Cape Girardeau, MO-IL Metro Area Hourly $21.17 $28.25 $36.73 $50.15 $61.63
          Yearly $44,030 $58,750 $76,400 $104,320 $128,180
          Davenport-Moline-Rock Island, IA-IL Metro Area Hourly $23.40 $27.58 $36.24 $47.30 $60.20
          Yearly $48,680 $57,370 $75,380 $98,380 $125,220
          Kankakee, IL Metro Area Hourly $24.51 $24.51 $30.08 $48.08 $62.50
          Yearly $50,970 $50,970 $62,570 $100,010 $129,990
          Decatur, IL Metro Area Hourly $19.50 $25.88 $36.15 $46.79 $60.28
          Yearly $40,550 $53,840 $75,190 $97,320 $125,380
          Northwest Illinois Balance of State Hourly $23.39 $28.62 $37.86 $49.27 $63.56
          Yearly $48,660 $59,540 $78,760 $102,490 $132,200
          St. Louis, MO-IL Metro Area Hourly $18.45 $24.83 $35.82 $48.77 $71.64
          Yearly $38,370 $51,640 $74,510 $101,430 $149,000
          Champaign-Urbana, IL Metro Area Hourly $27.93 $31.00 $37.96 $47.64 $64.75
          Yearly $58,100 $64,490 $78,950 $99,080 $134,690
          Springfield, IL Metro Area Hourly $25.19 $30.25 $37.79 $46.86 $72.86
          Yearly $52,380 $62,930 $78,600 $97,460 $151,540
          Peoria, IL Metro Area Hourly $23.73 $29.15 $35.83 $56.43 $71.60
          Yearly $49,360 $60,640 $74,530 $117,370 $148,920
          East Central Illinois Balance of State Hourly $24.28 $29.87 $38.19 $47.39 $59.98
          Yearly $50,490 $62,130 $79,430 $98,580 $124,750
          West Central Illinois Balance of State Hourly $23.42 $29.92 $38.38 $50.75 $67.14
          Yearly $48,700 $62,230 $79,820 $105,550 $139,650
          Paducah, KY-IL Metro Area Hourly $20.75 $22.94 $28.88 $45.79 $64.25
          Yearly $43,170 $47,710 $60,080 $95,240 $133,630