SOC 13-2072 · Chicago-Naperville, IL · BLS OEWS May 2024
The median salary for Loan Officers in Chicago-Naperville is $81,590 per year ($39.23/hr). This is 10% higher than the national median of $74,173. The middle 50% earn between $55,507 and $112,112 annually. Top earners at the 90th percentile reach $160,366.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $20.36 | $42,351 | +10.0% |
| P25 | $26.69 | $55,507 | +10.0% |
| P50MEDIAN | $39.23 | $81,590 | +10.0% |
| P75 | $53.90 | $112,112 | +10.0% |
| P90 | $77.10 | $160,366 | +10.0% |
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
The median (P50) annual salary for Loan Officers in Chicago-Naperville is approximately $81,590, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 10% higher than the national median of $74,173.
Entry-level Loan Officers (10th percentile) in Chicago-Naperville earn approximately $42,351 per year. The 25th percentile is $55,507. Top earners (90th percentile) reach $160,366.
Chicago-Naperville pays 10% higher than the national average. The national P50 is $74,173 vs $81,590 in Chicago-Naperville. Based on BLS national data adjusted for regional cost factors.
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