Loan Officers Salary in Kalamazoo, MI

BLS Occupational Employment & Wage Statistics • May 2025 • Kalamazoo-Portage, MI

Median annual salary $58,110 -21.7% vs national
Median hourly $27.94
10th percentile $36,410
90th percentile $104,710
Employed locally 250
National median $74,180

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Loan Officers
in
Kalamazoo, MI
vs

    Salary percentile breakdown

    10th
    $36,410
    25th
    $43,720
    50th (median)
    $58,110
    75th
    $78,480
    90th
    $104,710

    Kalamazoo economic context

    Unemployment rate 4.20% 2024 annual avg • BLS LAUS
    Median household income $70,525 2023 • Census ACS
    Loan Officers salary vs area income 82% Median Loan Officers salary is 18% 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
    Elmira, NY $106,430
    Minneapolis-St. Paul-Bloomington, MN-WI $91,900
    Minnesota $84,480
    Southeast Minnesota nonmetropolitan area $81,840
    Milwaukee-Waukesha, WI $81,680
    Wilmington, NC $81,540

    Related occupations in Kalamazoo, MI

    OccupationMedian salary
    Accountants and Auditors $75,990
    Human Resources Specialists $62,490
    Market Research Analysts and Marketing Specialists $60,080
    Project Management Specialists $94,030
    Business Operations Specialists, All Other $72,090
    Buyers and Purchasing Agents $68,080

    Frequently asked questions

    How much do Loan Officers make per hour in Kalamazoo?

    The median hourly wage for Loan Officers in Kalamazoo, MI is $27.94, based on BLS OEWS 2025 data. Top earners (90th percentile) make $83.61 or more per hour.

    Is Kalamazoo above or below average for Loan Officers salaries?

    The median Loan Officers salary in Kalamazoo, MI is 21.7% 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 Kalamazoo?

    Entry-level Loan Officers (10th percentile) earn around $36,410 per year in Kalamazoo, MI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $43,720.