Loan Officers Salary in Lafayette, IN

BLS Occupational Employment & Wage Statistics • May 2025 • Lafayette-West Lafayette, IN

Median annual salary $62,290 -16% vs national
Median hourly $29.95
10th percentile $47,460
90th percentile $117,350
Employed locally 90
National median $74,180

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Loan Officers
in
Lafayette, IN
vs

    Salary percentile breakdown

    10th
    $47,460
    25th
    $49,400
    50th (median)
    $62,290
    75th
    $94,720
    90th
    $117,350

    Lafayette economic context

    Unemployment rate 3.70% 2024 annual avg • BLS LAUS
    Median household income $59,895 2023 • Census ACS
    Loan Officers salary vs area income 104% Median Loan Officers salary is 4% 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 Lafayette, IN

    OccupationMedian salary
    Accountants and Auditors $77,130
    Human Resources Specialists $63,740
    Market Research Analysts and Marketing Specialists $61,400
    Buyers and Purchasing Agents $67,170
    Project Management Specialists $83,700
    Compliance Officers $62,860

    Frequently asked questions

    How much do Loan Officers make per hour in Lafayette?

    The median hourly wage for Loan Officers in Lafayette, IN is $29.95, based on BLS OEWS 2025 data. Top earners (90th percentile) make $76.20 or more per hour.

    Is Lafayette above or below average for Loan Officers salaries?

    The median Loan Officers salary in Lafayette, IN is 16% 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 Lafayette?

    Entry-level Loan Officers (10th percentile) earn around $47,460 per year in Lafayette, IN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $49,400.