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 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

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

Major Cities for Loan Officers in Wisconsin

The largest employment areas for loan officers in Wisconsin include Milwaukee, Madison, Green Bay, and Kenosha. Salaries in major metro areas may be higher due to increased demand and cost of living.

Milwaukee, WI
Metro area for loan officer employment
Madison, WI
Metro area for loan officer employment
Green Bay, WI
Metro area for loan officer employment
Kenosha, WI
Metro area for loan officer employment
Racine, WI
Metro area for loan officer employment

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.