Business & Finance Wisconsin (WI) Rank #32 of 50

Loan Officer Salary in Wisconsin

The median loan officer salary in Wisconsin is $60,481 per year, which is 8% below the national median of $65,740.

Median Salary
$60,481
vs National
$-5,259
State Rank
#32 of 50
Cost of Living
92%

Loan Officer Salary Overview in Wisconsin (2026)

Wisconsin ranks #32 out of 50 states for loan officer compensation. Loan Officer salaries in Wisconsin are below the national median, though the lower cost of living can offset the difference. At $60,481 per year, loan officers in Wisconsin earn $5,259 less than the national median of $65,740.

A key advantage of working in Wisconsin is its below-average cost of living (92% of the national index). This means the $60,481 salary has the purchasing power of roughly $65,740 in an average-cost area.

The salary spread in Wisconsin is significant: loan officers at the 10th percentile earn $32,384, while those at the 90th percentile bring home $141,496 — a $109,112 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Wisconsin for this role is Madison, where the median reaches $65,740.

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). This steady growth indicates stable demand for loan officers across the country.

Loan Officer Salary in Wisconsin by Experience

In Wisconsin, an entry-level loan officer earns around $34,960, while experienced professionals earn up to $119,600 per year. The cost of living index in Wisconsin is 92% of the national average.

Entry Level (0-2 yrs)
$34,960
$-3,040 vs national
Mid Level (3-7 yrs)
$60,720
$-5,280 vs national
Senior Level (8+ yrs)
$119,600
$-10,400 vs national

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Salary Percentiles in Wisconsin

Percentile WI Salary
10th Percentile $32,384
25th Percentile $41,768
Median (50th) $60,481
75th Percentile $92,000
90th Percentile $141,496

Loan Officer Salary by City in Wisconsin

The largest employment areas for loan officers in Wisconsin include Milwaukee, Madison, Green Bay, and Kenosha. Salaries vary by city based on local cost of living and demand.

How to Become a Loan Officer in Wisconsin

Education

Most loan officer positions require a bachelor's degree. Wisconsin has several accredited institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook in Wisconsin

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Wisconsin's demand may vary based on local industry trends.

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Frequently Asked Questions: Loan Officer Salary in Wisconsin

How much does a Loan Officer make in Wisconsin? ▼
The median loan officer salary in Wisconsin is $60,481 per year, which is 8% below the national median of $65,740. Salaries range from $32,384 (10th percentile) to $141,496 (90th percentile).
How much does a Loan Officer make per hour in Wisconsin? ▼
Based on the median annual salary of $60,481, a loan officer in Wisconsin earns approximately $29 per hour assuming a standard 2,080-hour work year.
Is Wisconsin a good state for loan officers? ▼
Wisconsin ranks #32 out of 50 states for loan officer pay. The cost of living index is 92% of the national average. Entry-level loan officers earn $34,960, while senior professionals earn $119,600.
How does Wisconsin compare to other states for loan officer salary? ▼
The highest paying state for loan officers is Hawaii at $111,758. Wisconsin's median of $60,481 ranks #32 nationally. Nearby-ranked states include Nebraska ($60,481) and Texas ($60,481).
What is the entry-level loan officer salary in Wisconsin? ▼
An entry-level loan officer in Wisconsin earns approximately $34,960 per year. With 3-7 years of experience, pay increases to around $60,720. Senior-level professionals with 8+ years earn up to $119,600.
What city in Wisconsin pays loan officers the most? ▼
Madison is the highest paying city in Wisconsin for loan officers, with a median salary of $65,740. Other cities include Milwaukee and Green Bay.