Loan Officers pay in Illinois
The employment-weighted average of local median wages for Loan Officers in Illinois is $78,090, based on 13,170 workers. Among the 8 states with published data, that ranks number 4. The BLS national median for the occupation is $76,690, so Illinois averages 1.8% above it.
Published data for Illinois currently covers the Chicago-Naperville-Elgin, IL-IN area, with a local median wage of $80,040.
Cost of living for Loan Officers in Illinois
We compare 9 Illinois counties after federal, Social Security, Medicare and state taxes and the four basics: a one-bedroom rental, food, home energy and gasoline. DeKalb County, IL leaves the largest yearly margin, $40,161. Kendall County, IL leaves the smallest, $32,541. The median wage covers all four basics in 9 of the 9 counties.
Loan Officers in other states
The states with the highest average local median wages for Loan Officers are New York ($95,206), New Jersey ($93,434), California ($83,475) and Indiana ($75,601).
Frequently asked questions: Loan Officers in Illinois
How much do Loan Officers earn in Illinois?
The employment-weighted average of local median wages is $78,090.
Which Illinois county is best for Loan Officers?
DeKalb County, IL leaves the largest yearly margin after taxes and the four basics ($40,161). Grundy County, IL follows at $39,225.