Loan Officers Salary in Northwest Illinois

BLS Occupational Employment & Wage Statistics • May 2025 • Northwest Illinois nonmetropolitan area

Median annual salary $76,600 +3.3% vs national
Median hourly $36.83
10th percentile $46,790
90th percentile $134,660
Employed locally 320
National median $74,180

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Loan Officers
in
Northwest Illinois
vs

    Salary percentile breakdown

    10th
    $46,790
    25th
    $54,070
    50th (median)
    $76,600
    75th
    $102,060
    90th
    $134,660

    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

    Related occupations in Northwest Illinois

    OccupationMedian salary
    Accountants and Auditors $64,250
    Business Operations Specialists, All Other $74,370
    Human Resources Specialists $64,190
    Buyers and Purchasing Agents $65,780
    Market Research Analysts and Marketing Specialists $55,560
    Training and Development Specialists $67,450

    Frequently asked questions

    How much do Loan Officers make per hour in Northwest Illinois?

    The median hourly wage for Loan Officers in Northwest Illinois is $36.83, based on BLS OEWS 2025 data. Top earners (90th percentile) make $63.56 or more per hour.

    Is Northwest Illinois above or below average for Loan Officers salaries?

    The median Loan Officers salary in Northwest Illinois is 3.3% 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 Northwest Illinois?

    Entry-level Loan Officers (10th percentile) earn around $46,790 per year in Northwest Illinois. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $54,070.