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Wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program. The OES is a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

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      Wages for Loan Officers in ILLINOIS

      View National Data

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      Location Pay
      Period      		 2024
      10% 25% Median 75% 90%
      United States Hourly $18.51 $24.26 $35.66 $49.00 $70.09
      Yearly $38,490 $50,460 $74,180 $101,920 $145,780
      Illinois Hourly $22.68 $27.01 $36.52 $49.27 $65.94
      Yearly $47,170 $56,180 $75,960 $102,480 $137,160
      Chicago-Naperville-Elgin, IL-IN Metro Area Hourly $23.05 $27.13 $37.15 $50.53 $73.33
      Yearly $47,940 $56,440 $77,270 $105,110 $152,530
      East Central Illinois Balance of State Hourly $23.20 $28.51 $36.83 $47.23 $59.92
      Yearly $48,250 $59,300 $76,600 $98,230 $124,640
      Northwest Illinois Balance of State Hourly $22.50 $25.99 $36.83 $49.07 $64.74
      Yearly $46,790 $54,070 $76,600 $102,060 $134,660
      West Central Illinois Balance of State Hourly $22.84 $28.66 $36.67 $48.95 $62.49
      Yearly $47,500 $59,620 $76,270 $101,820 $129,990
      Davenport-Moline-Rock Island, IA-IL Metro Area Hourly $22.09 $24.51 $36.33 $48.68 $61.49
      Yearly $45,960 $50,980 $75,570 $101,240 $127,890
      Champaign-Urbana, IL Metro Area Hourly $22.52 $28.58 $36.24 $47.65 $61.94
      Yearly $46,840 $59,440 $75,370 $99,110 $128,830
      Peoria, IL Metro Area Hourly $21.02 $24.14 $36.23 $47.70 $61.40
      Yearly $43,720 $50,210 $75,360 $99,210 $127,700
      Bloomington, IL Metro Area Hourly $18.86 $23.02 $34.72 $47.03 $71.41
      Yearly $39,220 $47,880 $72,220 $97,830 $148,520
      St. Louis, MO-IL Metro Area Hourly $17.00 $22.83 $34.01 $47.13 $63.74
      Yearly $35,360 $47,490 $70,730 $98,040 $132,580
      Springfield, IL Metro Area Hourly $23.46 $24.94 $33.34 $47.39 $60.97
      Yearly $48,800 $51,870 $69,340 $98,570 $126,810
      Paducah, KY-IL Metro Area Hourly $17.38 $24.13 $33.25 $48.40 $66.08
      Yearly $36,150 $50,190 $69,160 $100,670 $137,440
      Cape Girardeau, MO-IL Metro Area Hourly $19.95 $24.70 $32.90 $39.90 $60.48
      Yearly $41,500 $51,370 $68,430 $82,990 $125,800
      South Illinois Balance of State Hourly $23.11 $27.49 $32.47 $46.61 $59.50
      Yearly $48,070 $57,180 $67,530 $96,950 $123,760
      Rockford, IL Metro Area Hourly $21.95 $24.92 $31.00 $45.62 $61.11
      Yearly $45,660 $51,830 $64,470 $94,900 $127,120
      Decatur, IL Metro Area Hourly $21.29 $24.43 $29.57 $40.69 $56.70
      Yearly $44,270 $50,810 $61,510 $84,640 $117,940
      Kankakee, IL Metro Area Hourly $24.27 $24.27 $29.15 $46.25 $60.06
      Yearly $50,470 $50,470 $60,630 $96,210 $124,930