Loan Officers · SOC 13-2072
Loan Officers Salary in the Upper Peninsula of Michigan nonmetropolitan area
Source: BLS OEWS, May 2025Upper Peninsula of Michigan nonmetropolitan area
Figures describe the Upper Peninsula of Michigan nonmetropolitan area, a BLS-defined region outside metropolitan areas — not a single city or town.
Loan Officers in the Upper Peninsula of Michigan nonmetropolitan area earned a median of $65,360 per year ($31.42 per hour) as of the May 2025 BLS OEWS estimates. Pay ranged from $40,670 at the 10th percentile to $109,620 at the 90th. BLS estimates 230 people work in this occupation in the area.
Pay distribution
Half of Loan Officers in the Upper Peninsula of Michigan nonmetropolitan area earn more than $65,360 per year, half earn less; the middle half earn between $48,350 and $96,660.
| Wage | 10th | 25th | Median | 75th | 90th |
|---|---|---|---|---|---|
| Annual | $40,670 | $48,350 | $65,360 | $96,660 | $109,620 |
| Hourly | $19.56 | $23.24 | $31.42 | $46.47 | $52.70 |
A percentile is a cut point: 25% of workers in this occupation and area earn less than the 25th-percentile wage. The median is the 50th percentile — half earn less, half earn more.
How this area compares
- Upper Peninsula of Michigan nonmetropolitan area$65,360 median for Upper Peninsula of Michigan nonmetropolitan area; middle half earns $48,350 to $96,660
- Michiganstate$74,470 median for Michigan; middle half earns $50,280 to $101,150
- United Statesnational$76,690 median for United States; middle half earns $52,730 to $104,080
Bars span the 25th–75th percentile (the middle half of workers); the tick marks the median.
The median here is −12% vs Michigan overall and −15% vs the U.S. median for this occupation.
Other metro areas in Michigan
Metro areas in the same state with published May 2025 medians for loan officers, highest first. Areas without published estimates are not listed.
- Upper Peninsula of Michigan nonmetropolitan areathis page$65,360 median for Upper Peninsula of Michigan nonmetropolitan area; middle half earns $48,350 to $96,660
- $77,820 median for Ann Arbor metro area; middle half earns $50,400 to $100,040
- $76,260 median for Detroit metro area; middle half earns $50,310 to $105,620
- $72,890 median for Lansing metro area; middle half earns $51,560 to $100,050
- $72,330 median for Kalamazoo metro area; middle half earns $56,200 to $97,260
- $71,760 median for Grand Rapids metro area; middle half earns $50,290 to $99,920
- $66,880 median for Midland metro area; middle half earns $59,810 to $74,220
Bars span the 25th–75th percentile (the middle half of workers); the tick marks the median.
Keep exploring
Other occupations in the same SOC group with published medians here, largest employment first:
Highest-paying metro areas for loan officerss · Highest-paying occupations in Upper Peninsula of Michigan nonmetropolitan area
About this estimate
These figures are survey estimates from the BLS Occupational Employment and Wage Statistics program — modeled from employer reports collected over three years and benchmarked to May 2025. They describe what employers in this area currently pay across all industries, not what any individual worker will be offered.
Employment counts wage-and-salary jobs in the occupation (self-employed workers are excluded). Estimates carry sampling error; percentile wages are rounded by BLS. Some values are suppressed by BLS for confidentiality or quality — suppressed values appear here as “not published”, never as zero. Read the full methodology.
About this data. Estimates are from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics program, May 2025 release, retrieved from bls.gov/oes/tables.htm on July 24, 2026. OEWS estimates describe metropolitan/nonmetropolitan areas and states — not city limits — and are not designed for year-over-year comparisons. See BLS methodology, our plain-English methodology, and sources. CitySalaryData is independent and not affiliated with BLS.