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Loan Officers in Wisconsin

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Loan Officers in Wisconsin

Is Wisconsin a good place for you to work as a Loan Officer?

8.2% Jobs Projection
$62,850 Median Salary
600 Job Openings

You’re in luck! Jobs for Loan Officers in Wisconsin are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Loan Officers in Wisconsin is growing faster than average.

  • Loan Officers in Wisconsin earn higher salaries than the typical U.S. wage earner.

How Many Loan Officers Work in Wisconsin?

In Wisconsin, there were 7,090 people working as Loan Officers in the year 2018.

There were 7,350 Loan Officers employed in this state in 2017.

That’s a decline of 260 jobs between 2017 and 2018.

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The typical state has 4,250 Loan Officers working in it, which means Wisconsin has more Loan Officers than average.

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Job Projections for Wisconsin

Jobs for Loan Officers in this state are growing at a rate of 8.2% which is slower than the nationwide estimated projection of 11.4%.

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Wisconsin Annual Job Openings

The BLS estimates there will be 600 annual job openings, and 7,100 total jobs in 2026 for Loan Officers in this state.

Nationwide, the prediction is 30,400 annual jobs and 354,900 total jobs in 2026.

What do Loan Officers Make in Wisconsin?

In 2018 wages for Loan Officers ranged from $34,750 to $120,400 with $62,850 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $16.7 to $57.89. The median hourly rate was $30.21.

In 2017 the median pay for this field was $29.52 an hour.

The hourly rate grew by $0.69.

The median salary in Wisconsin is higher than the nationwide median salary.

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Top Wisconsin Metros for Loan Officers

The table below shows some of the metros in this state with the most Loan Officers.

Metro Number Employed Annual Median Salary
Chicago-Naperville-Elgin, IL-IN-WI 9,050 $71,540
Minneapolis-St. Paul-Bloomington, MN-WI 5,300 $76,240
Milwaukee-Waukesha-West Allis, WI 2,340 $61,940
Madison, WI 810 $74,930
Green Bay, WI 340 $69,530
Appleton, WI 300 $59,750
Oshkosh-Neenah, WI 270 $48,540
Duluth, MN-WI 250 $57,430
Racine, WI 240 $63,560
La Crosse-Onalaska, WI-MN 240 $54,280
Wausau, WI 230 $62,830
Eau Claire, WI 200 $51,780
Janesville-Beloit, WI 150 $53,990
Fond du Lac, WI 100 $57,680
Sheboygan, WI 70 $60,820

Top States for Loan Officers Employment

View the list below to see where most Loan Officers work.

State Number Employed Annual Median Salary
California 37,030 $61,310
Texas 19,950 $68,710
Florida 18,000 $67,760
North Carolina 13,910 $62,360
New York 12,890 $78,520
Illinois 12,330 $66,570
Ohio 11,520 $64,770
Virginia 10,140 $63,860
Pennsylvania 10,010 $59,340
Arizona 8,970 $54,400
Georgia 7,790 $54,690
Minnesota 7,740 $72,030
Missouri 7,130 $68,010
Wisconsin 7,090 $62,850
Washington 6,940 $60,540
New Jersey 6,670 $73,180
Massachusetts 5,780 $70,090
Tennessee 5,440 $54,490
Kentucky 5,300 $60,400
Utah 5,220 $45,470

Below are the states where Loan Officers get paid the most:

State Annual Median Salary
New York $78,520
New Hampshire $76,430
Nebraska $75,800
Connecticut $74,990
District of Columbia $74,840
New Jersey $73,180
Minnesota $72,030
Kansas $71,550
Massachusetts $70,090
Texas $68,710

You may also be interested in the following careers:

Occupation WI Employment Total

References

More about our data sources and methodologies.

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