Salary Range — 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $47,170 | $22.68 |
| 25th percentile | $56,180 | $27.01 |
| 50th percentile (median) | $75,960 | $36.52 |
| 75th percentile | $102,480 | $49.27 |
| 90th percentile (top earners) | $137,160 | $65.94 |
| Mean (average) | $88,570 | $42.58 |
How Illinois Compares
| State | Median Annual | vs. Illinois |
|---|---|---|
| Illinois (current) | $75,960 | — |
| District of Columbia | $102,200 | +35% |
| New York | $98,940 | +30% |
| New Jersey | $95,090 | +25% |
| Massachusetts | $93,430 | +23% |
| Vermont | $86,490 | +14% |
| Minnesota | $84,480 | +11% |
| North Dakota | $82,990 | +9% |
| Kansas | $82,540 | +9% |
Showing top-paying states with available data. View all states →
Related Occupations in Illinois
| Occupation | Median Annual | Employment |
|---|---|---|
| Education Administrators, All Other | $76,060 | 1,650 |
| Social and Community Service Managers | $76,110 | 7,050 |
| English Language and Literature Teachers, Postsecondary | $76,120 | 2,280 |
| Instructional Coordinators | $75,760 | 8,940 |
| Special Education Teachers, Kindergarten and Elementary School | $76,170 | 12,550 |
| Telecommunications Line Installers and Repairers | $75,590 | 2,470 |
Frequently Asked Questions
What is the average Loan Officers salary in Illinois?
The mean loan officers salary in Illinois is $88,570 per year. The median (middle) salary is $75,960 per year. Source: BLS OEWS 2024.
What is the starting salary for a Loan Officers in Illinois?
Entry-level loan officerss (10th percentile) in Illinois typically earn around $47,170 per year. Workers at the 25th percentile earn approximately $56,180 per year.
What is the highest Loan Officers salary in Illinois?
Top earners (90th percentile) in this occupation in Illinois make approximately $137,160 per year. Those in the 75th percentile earn around $102,480 per year.
How does the Illinois Loan Officers salary compare to the national average?
The median loan officers salary in Illinois is $75,960, which is +2% above national average of $74,180.
Data Source: This data is sourced from the U.S. Bureau of Labor Statistics,
Occupational Employment and Wage Statistics (OEWS) program, May 2024 release.
All wages are estimates. Actual salaries may vary based on experience, education,
employer, and other factors. bls.gov/oes