Loan Officers Salary in Indiana
SOC 13-2072 · Indiana · BLS OEWS May 2024
The median salary for Loan Officers in Indiana is $71,406 per year ($34.33/hr). This is 3.7% lower than the national median of $74,173. The middle 50% earn between $51,251 and $98,322 annually. Top earners at the 90th percentile reach $128,565.
Wage Percentiles: Indiana
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $21.44 | $44,595 | +15.8% |
| P25 | $24.64 | $51,251 | +1.6% |
| P50MEDIAN | $34.33 | $71,406 | -3.7% |
| P75 | $47.27 | $98,322 | -3.5% |
| P90 | $61.81 | $128,565 | -11.8% |
Market Context Signal
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.
Frequently Asked Questions
What is the median loan officers salary in Indiana?
The median (P50) annual salary for Loan Officers in Indiana is approximately $71,406, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 3.7% lower than the national median of $74,173.
What is the salary range for entry-level loan officers in Indiana?
Entry-level Loan Officers (10th percentile) in Indiana earn approximately $44,595 per year. The 25th percentile is $51,251. Top earners (90th percentile) reach $128,565.
How does Indiana compare to the national average for loan officers?
Indiana pays 3.7% lower than the national average. The national P50 is $74,173 vs $71,406 in Indiana. Based on BLS national data adjusted for regional cost factors.
Loan Officers Salary by Location
Other Roles in Indiana
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