Loan Officers Salary in Decatur, IL

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

Median annual salary $61,510 -17.1% vs national
Median hourly $29.57
10th percentile $44,270
90th percentile $117,940
Employed locally 80
National median $74,180

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Loan Officers
in
Decatur, IL
vs

    Salary percentile breakdown

    10th
    $44,270
    25th
    $50,810
    50th (median)
    $61,510
    75th
    $84,640
    90th
    $117,940

    Decatur economic context

    Unemployment rate 5.80% 2024 annual avg • BLS LAUS
    Median household income $62,449 2023 • Census ACS
    Loan Officers salary vs area income 98% Median Loan Officers salary is 2% 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 Decatur, IL

    OccupationMedian salary
    Business Operations Specialists, All Other $101,950
    Accountants and Auditors $78,240
    Training and Development Specialists $35,680
    Buyers and Purchasing Agents $67,490
    Human Resources Specialists $62,820
    Logisticians $78,090

    Frequently asked questions

    How much do Loan Officers make per hour in Decatur?

    The median hourly wage for Loan Officers in Decatur, IL is $29.57, based on BLS OEWS 2025 data. Top earners (90th percentile) make $60.28 or more per hour.

    Is Decatur above or below average for Loan Officers salaries?

    The median Loan Officers salary in Decatur, IL is 17.1% 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 Decatur?

    Entry-level Loan Officers (10th percentile) earn around $44,270 per year in Decatur, IL. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $50,810.