Loan Officers Salary in Indianapolis, IN

BLS Occupational Employment & Wage Statistics • May 2025 • Indianapolis-Carmel-Greenwood, IN

Median annual salary $78,190 +5.4% vs national
Median hourly $37.59
10th percentile $47,320
90th percentile $132,920
Employed locally 1,530
National median $74,180

Compare Loan Officers salary & buying power

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Loan Officers
in
Indianapolis, IN
vs

    Salary percentile breakdown

    10th
    $47,320
    25th
    $53,940
    50th (median)
    $78,190
    75th
    $105,710
    90th
    $132,920

    Indianapolis economic context

    Unemployment rate 3.80% 2024 annual avg • BLS LAUS
    Median household income $77,065 2023 • Census ACS
    Loan Officers salary vs area income 101% Median Loan Officers salary is 1% above 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
    Des Moines-West Des Moines, IA $97,000
    Salinas, CA $95,960
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    Minneapolis-St. Paul-Bloomington, MN-WI $91,900
    Minnesota $84,480
    Trenton-Princeton, NJ $83,730

    Related occupations in Indianapolis, IN

    OccupationMedian salary
    Accountants and Auditors $79,560
    Human Resources Specialists $63,000
    Market Research Analysts and Marketing Specialists $65,700
    Management Analysts $93,770
    Project Management Specialists $93,360
    Training and Development Specialists $73,150

    Frequently asked questions

    How much do Loan Officers make per hour in Indianapolis?

    The median hourly wage for Loan Officers in Indianapolis, IN is $37.59, based on BLS OEWS 2025 data. Top earners (90th percentile) make $62.57 or more per hour.

    Is Indianapolis above or below average for Loan Officers salaries?

    The median Loan Officers salary in Indianapolis, IN is 5.4% above 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 Indianapolis?

    Entry-level Loan Officers (10th percentile) earn around $47,320 per year in Indianapolis, IN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $53,940.