Loan Officers Salary in Illinois
BLS OEWS May 2025 • 12 metro areas • Illinois
Loan Officers in Illinois earn a median salary of $71,098 per year on average across 12 metro and nonmetro areas, -4.2% vs the national median of $74,180. An estimated 9,580 loan officers are employed across Illinois, with salaries ranging from $60,630 to $77,270 depending on location.
$71,098
Avg median salary in Illinois
$77,270
Highest paying metro
$60,630
Lowest paying metro
9,580
Employed in Illinois
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Loan Officers salaries by city in Illinois
| Metro area | Median salary | 25th pct | 75th pct | Employed |
|---|---|---|---|---|
| Chicago, IL-IN | $77,270 | $56,440 | $105,110 | 7,040 |
| East Central Illinois | $76,600 | $59,300 | $98,230 | 370 |
| Northwest Illinois | $76,600 | $54,070 | $102,060 | 320 |
| West Central Illinois | $76,270 | $59,620 | $101,820 | 440 |
| Champaign, IL | $75,370 | $59,440 | $99,110 | 200 |
| Peoria, IL | $75,360 | $50,210 | $99,210 | 210 |
| Bloomington, IL | $72,220 | $47,880 | $97,830 | 210 |
| Springfield, IL | $69,340 | $51,870 | $98,570 | 170 |
| South Illinois | $67,530 | $57,180 | $96,950 | 390 |
| Rockford, IL | $64,470 | $51,830 | $94,900 | 80 |
| Decatur, IL | $61,510 | $50,810 | $84,640 | 80 |
| Kankakee, IL | $60,630 | $50,470 | $96,210 | 70 |