Loan Officers Salary in Milwaukee, WI

BLS Occupational Employment & Wage Statistics • May 2025 • Milwaukee-Waukesha, WI

Median annual salary $81,680 +10.1% vs national
Median hourly $39.27
10th percentile $50,110
90th percentile $142,870
Employed locally 1,290
National median $74,180

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Loan Officers
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Milwaukee, WI
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    Salary percentile breakdown

    10th
    $50,110
    25th
    $62,030
    50th (median)
    $81,680
    75th
    $109,390
    90th
    $142,870

    Milwaukee economic context

    Unemployment rate 3.20% 2024 annual avg • BLS LAUS
    Median household income $76,404 2023 • Census ACS
    Loan Officers salary vs area income 107% Median Loan Officers salary is 7% 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
    Minneapolis-St. Paul-Bloomington, MN-WI $91,900
    Wichita, KS $86,940
    Madison, WI $81,580
    Wilmington, NC $81,540
    Kenosha, WI $80,180
    Racine-Mount Pleasant, WI $79,610

    Related occupations in Milwaukee, WI

    OccupationMedian salary
    Accountants and Auditors $79,760
    Project Management Specialists $96,650
    Business Operations Specialists, All Other $63,790
    Market Research Analysts and Marketing Specialists $72,430
    Human Resources Specialists $67,180
    Management Analysts $105,180

    Frequently asked questions

    How much do Loan Officers make per hour in Milwaukee?

    The median hourly wage for Loan Officers in Milwaukee, WI is $39.27, based on BLS OEWS 2025 data. Top earners (90th percentile) make $75.43 or more per hour.

    Is Milwaukee above or below average for Loan Officers salaries?

    The median Loan Officers salary in Milwaukee, WI is 10.1% 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 Milwaukee?

    Entry-level Loan Officers (10th percentile) earn around $50,110 per year in Milwaukee, WI. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $62,030.