Loan Officers Salary in Bloomington, IL

BLS Occupational Employment & Wage Statistics • May 2025 • Bloomington, IL

Median annual salary $72,220 -2.6% vs national
Median hourly $34.72
10th percentile $39,220
90th percentile $148,520
Employed locally 210
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how Bloomington, IL stacks up on salary and cost of living.

Full tool →
Loan Officers
in
Bloomington, IL
vs

    Salary percentile breakdown

    10th
    $39,220
    25th
    $47,880
    50th (median)
    $72,220
    75th
    $97,830
    90th
    $148,520

    Bloomington economic context

    Unemployment rate 3.90% 2024 annual avg • BLS LAUS
    Median household income $78,329 2023 • Census ACS
    Loan Officers salary vs area income 92% Median Loan Officers salary is 8% below the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    Milwaukee-Waukesha, WI $81,680
    Wilmington, NC $81,540
    Janesville-Beloit, WI $78,380
    Norwich-New London-Willimantic, CT $78,300
    Fayetteville-Springdale-Rogers, AR $77,840
    Sacramento-Roseville-Folsom, CA $77,800

    Related occupations in Bloomington, IL

    OccupationMedian salary
    Insurance Underwriters $73,490
    Claims Adjusters, Examiners, and Investigators $75,000
    Financial and Investment Analysts $100,480
    Accountants and Auditors $74,820
    Management Analysts $107,600
    Market Research Analysts and Marketing Specialists $92,570

    Frequently asked questions

    How much do Loan Officers make per hour in Bloomington?

    The median hourly wage for Loan Officers in Bloomington, IL is $34.72, based on BLS OEWS 2025 data. Top earners (90th percentile) make $59.68 or more per hour.

    Is Bloomington above or below average for Loan Officers salaries?

    The median Loan Officers salary in Bloomington, IL is 2.6% below the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Bloomington?

    Entry-level Loan Officers (10th percentile) earn around $39,220 per year in Bloomington, IL. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $47,880.