Loan Officers Salary in Michigan City, IN

BLS Occupational Employment & Wage Statistics • May 2025 • Michigan City-La Porte, IN

Median annual salary $58,590 -21% vs national
Median hourly $28.17
10th percentile $39,690
90th percentile $116,520
Employed locally 60
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how Michigan City, IN stacks up on salary and cost of living.

Full tool →
Loan Officers
in
Michigan City, IN
vs

    Salary percentile breakdown

    10th
    $39,690
    25th
    $47,590
    50th (median)
    $58,590
    75th
    $85,240
    90th
    $116,520

    Michigan City economic context

    Unemployment rate 4.70% 2024 annual avg • BLS LAUS
    Median household income $70,452 2023 • Census ACS
    Loan Officers salary vs area income 83% Median Loan Officers salary is 17% 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
    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 Michigan City, IN

    OccupationMedian salary
    Accountants and Auditors $72,690
    Human Resources Specialists $62,150
    Buyers and Purchasing Agents $63,270
    Market Research Analysts and Marketing Specialists $59,750
    Project Management Specialists $83,370
    Training and Development Specialists $60,590

    Frequently asked questions

    How much do Loan Officers make per hour in Michigan City?

    The median hourly wage for Loan Officers in Michigan City, IN is $28.17, based on BLS OEWS 2025 data. Top earners (90th percentile) make $57.15 or more per hour.

    Is Michigan City above or below average for Loan Officers salaries?

    The median Loan Officers salary in Michigan City, IN is 21% 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 Michigan City?

    Entry-level Loan Officers (10th percentile) earn around $39,690 per year in Michigan City, IN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $47,590.