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aboutthisdata:

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 MICHIGAN

      View National Data

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      Location Pay
      Period      		 2023
      10% 25% Median 75% 90%
      United States Hourly $17.80 $23.62 $33.65 $48.09 $67.05
      AreaName Yearly $37,020 $49,130 $69,990 $100,020 $139,470
      Michigan Hourly $17.02 $23.42 $35.14 $49.20 $67.91
      AreaName Yearly $35,410 $48,710 $73,080 $102,340 $141,250
      Grand Rapids-Wyoming, MI Metro Area Hourly $20.48 $23.57 $38.18 $60.92 $74.97
      AreaName Yearly $42,590 $49,020 $79,410 $126,720 $155,930
      Detroit-Warren-Dearborn, MI Metro Area Hourly $17.02 $23.85 $37.12 $49.20 $79.78
      AreaName Yearly $35,400 $49,610 $77,210 $102,340 $165,950
      Balance of Lower Peninsula of Michigan Balance of State Hourly $18.43 $24.03 $37.02 $47.65 $64.40
      AreaName Yearly $38,320 $49,970 $76,990 $99,100 $133,950
      Ann Arbor, MI Metro Area Hourly $13.48 $22.90 $35.36 $50.45 $73.02
      AreaName Yearly $28,030 $47,630 $73,550 $104,940 $151,880
      Niles-Benton Harbor, MI Metro Area Hourly $11.65 $24.24 $30.67 $40.77 $60.29
      AreaName Yearly $24,230 $50,430 $63,800 $84,800 $125,410
      Midland, MI Metro Area Hourly $21.61 $23.93 $30.52 $38.10 $53.04
      AreaName Yearly $44,950 $49,770 $63,480 $79,240 $110,310
      Lansing-East Lansing, MI Metro Area Hourly $15.40 $21.76 $29.82 $43.51 $57.62
      AreaName Yearly $32,020 $45,270 $62,020 $90,500 $119,860
      Jackson, MI Metro Area Hourly $19.08 $23.30 $29.45 $39.35 $59.94
      AreaName Yearly $39,680 $48,470 $61,260 $81,850 $124,680
      South Bend-Mishawaka, IN-MI Metro Area Hourly $18.65 $23.80 $29.42 $38.95 $69.23
      AreaName Yearly $38,790 $49,490 $61,200 $81,020 $144,000
      Northwest Lower Peninsula of Michigan Balance of State Hourly $16.20 $23.44 $28.94 $45.71 $58.53
      AreaName Yearly $33,700 $48,750 $60,190 $95,080 $121,740
      Flint, MI Metro Area Hourly $10.31 $21.12 $28.80 $40.65 $57.82
      AreaName Yearly $21,440 $43,940 $59,900 $84,560 $120,270
      Upper Peninsula of Michigan Balance of State Hourly $18.43 $22.36 $28.64 $42.47 $56.53
      AreaName Yearly $38,320 $46,510 $59,560 $88,340 $117,590
      Saginaw, MI Metro Area Hourly $15.94 $19.78 $28.63 $37.11 $45.82
      AreaName Yearly $33,160 $41,140 $59,550 $77,180 $95,310
      Battle Creek, MI Metro Area Hourly $15.00 $20.94 $28.15 $35.06 $45.71
      AreaName Yearly $31,200 $43,560 $58,550 $72,920 $95,080
      Kalamazoo-Portage, MI Metro Area Hourly $18.08 $18.59 $27.64 $37.68 $55.51
      AreaName Yearly $37,600 $38,670 $57,500 $78,380 $115,460
      Muskegon, MI Metro Area Hourly $14.60 $22.35 $27.36 $39.78 $58.29
      AreaName Yearly $30,370 $46,490 $56,900 $82,740 $121,250
      Northeast Lower Peninsula of Michigan Balance of State Hourly $18.79 $22.45 $23.05 $33.22 $48.16
      AreaName Yearly $39,080 $46,700 $47,940 $69,100 $100,160
      Bay City, MI Metro Area Hourly N/A N/A N/A N/A N/A
      AreaName Yearly N/A N/A N/A N/A N/A
      Monroe, MI Metro Area Hourly N/A N/A N/A N/A N/A
      AreaName Yearly N/A N/A N/A N/A N/A