IN · SOC 13-2072 · Most current data

Loan Officers Salary in Indiana

Median Annual Salary $71,400 -4% below national average (national: $74,180)
$79,640Mean Annual
$34Median Hourly
4,740Employed in State

Indiana ranks 31st of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $30,800 — a 43% gap.

The 10th-to-90th percentile range runs from $44,580 to $128,560 — a $83,980 spread, 22% tighter than the national $107,290 range.

Loan Officers are less concentrated in Indiana than the U.S. average — a location quotient of 0.79 means the occupation's share of local jobs is 1.27× below the national share.

Salary Range: 10th to 90th Percentile

$71,400
$44,580
10th pct.
$128,560
90th pct.

Full Percentile Breakdown

PercentileAnnual WageHourly Wage
10th percentile (entry-level)$44,580$21.44
25th percentile$51,260$24.64
50th percentile (median)$71,400$34.33
75th percentile$98,320$47.27
90th percentile (top earners)$128,560$61.81
Mean (average)$79,640$38.29

How Indiana Compares

StateMedian Annualvs. Indiana
Indiana (current) $71,400 n/a
District of Columbia $102,200 +43%
New York $98,940 +39%
New Jersey $95,090 +33%
Massachusetts $93,430 +31%
Vermont $86,490 +21%
Minnesota $84,480 +18%
North Dakota $82,990 +16%
Kansas $82,540 +16%

Showing top-paying states with available data. View all states →

Related Occupations in Indiana

OccupationMedian AnnualEmployment
Insurance Underwriters $71,490 1,620
Police and Sheriff's Patrol Officers $71,540 13,480
Cost Estimators $71,590 4,800
Compliance Officers $71,980 5,100
Compensation, Benefits, and Job Analysis Specialists $72,020 2,040
Brickmasons and Blockmasons $72,050 2,070

Frequently Asked Questions

What is the average Loan Officers salary in Indiana?

The mean loan officers salary in Indiana is $79,640 per year. The median (middle) salary is $71,400 per year.

What is the starting salary for a Loan Officers in Indiana?

Entry-level loan officerss (10th percentile) in Indiana typically earn around $44,580 per year. Workers at the 25th percentile earn approximately $51,260 per year.

What is the highest Loan Officers salary in Indiana?

Top earners (90th percentile) in this occupation in Indiana make approximately $128,560 per year. Those in the 75th percentile earn around $98,320 per year.

How does the Indiana Loan Officers salary compare to the national average?

The median loan officers salary in Indiana is $71,400, which is -4% below national average of $74,180.

Figures use the most current federal occupational wage survey. All wages are estimates; actual pay varies by experience, education, and employer. About the data.