Loan Officers Salary in Upper Peninsula of Michigan

BLS Occupational Employment & Wage Statistics • May 2025 • Upper Peninsula of Michigan nonmetropolitan area

Median annual salary $61,360 -17.3% vs national
Median hourly $29.50
10th percentile $39,990
90th percentile $112,310
Employed locally 250
National median $74,180

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Loan Officers
in
Upper Peninsula of Michigan
vs

    Salary percentile breakdown

    10th
    $39,990
    25th
    $46,920
    50th (median)
    $61,360
    75th
    $86,940
    90th
    $112,310

    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 Upper Peninsula of Michigan

    OccupationMedian salary
    Accountants and Auditors $65,240
    Human Resources Specialists $59,080
    Business Operations Specialists, All Other $73,570
    Buyers and Purchasing Agents $60,010
    Project Management Specialists $82,490
    Market Research Analysts and Marketing Specialists $49,910

    Frequently asked questions

    How much do Loan Officers make per hour in Upper Peninsula of Michigan?

    The median hourly wage for Loan Officers in Upper Peninsula of Michigan is $29.50, based on BLS OEWS 2025 data. Top earners (90th percentile) make $52.70 or more per hour.

    Is Upper Peninsula of Michigan above or below average for Loan Officers salaries?

    The median Loan Officers salary in Upper Peninsula of Michigan is 17.3% 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 Upper Peninsula of Michigan?

    Entry-level Loan Officers (10th percentile) earn around $39,990 per year in Upper Peninsula of Michigan. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $46,920.