Loan Officers Salary in Midland, MI

BLS Occupational Employment & Wage Statistics • May 2025 • Midland, MI

Median annual salary $62,200 -16.1% vs national
Median hourly $29.91
10th percentile $45,780
90th percentile $102,830
Employed locally 70
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how Midland, MI stacks up on salary and cost of living.

Full tool →
Loan Officers
in
Midland, MI
vs

    Salary percentile breakdown

    10th
    $45,780
    25th
    $50,730
    50th (median)
    $62,200
    75th
    $72,300
    90th
    $102,830

    Midland economic context

    Unemployment rate 4.50% 2024 annual avg • BLS LAUS
    Median household income $77,538 2023 • Census ACS
    Loan Officers salary vs area income 80% Median Loan Officers salary is 20% 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 Midland, MI

    OccupationMedian salary
    Accountants and Auditors $86,390
    Logisticians $83,110
    Human Resources Specialists $76,450
    Market Research Analysts and Marketing Specialists $77,740
    Project Management Specialists $101,410
    Buyers and Purchasing Agents $77,930

    Frequently asked questions

    How much do Loan Officers make per hour in Midland?

    The median hourly wage for Loan Officers in Midland, MI is $29.91, based on BLS OEWS 2025 data. Top earners (90th percentile) make $48.17 or more per hour.

    Is Midland above or below average for Loan Officers salaries?

    The median Loan Officers salary in Midland, MI is 16.1% 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 Midland?

    Entry-level Loan Officers (10th percentile) earn around $45,780 per year in Midland, MI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $50,730.