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Loan Officer Salary Information in Wisconsin

The average annual and hourly salaries for loan officers in the state of Wisconsin are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers among Wisconsin areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Loan Officers in Wisconsin

Percentile BracketAverage Annual Salary
10th Percentile Wage
$33,240
25th Percentile Wage
$44,540
50th Percentile Wage
$61,530
75th Percentile Wage
$82,300
90th Percentile Wage
$117,660

Table 1 shows the average annual salary for loan officers in Wisconsin in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $117,660. The median (50th percentile) annual salary is $61,530. The average annual salary for the bottom 10 percent is $33,240.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$15.98
25th Percentile Wage
$21.41
50th Percentile Wage
$29.58
75th Percentile Wage
$39.57
90th Percentile Wage
$56.57

Table 2 shows the average hourly salary for loan officers in Wisconsin in 5 percentile scales. The average hourly salary for the 90th percentile is $56.57. The median hourly salary is $29.58. The average hourly salary for the bottom 10 percent is $15.98.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of loan officers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201661,5300.62%20.40%
201561,1502.55%-
201459,59013.09%-
201351,7905.43%-
201248,980--

Table 3. Median Annual Salary of Loan Officers in Wisconsin Cities

Table 3 shows the median annual salary of loan officers in some Wisconsin cities and metropolitan areas. We note that the median annual salary of loan officers in state of Wisconsin ranges from $38,860 to $75,910. The highest paying area for loan officers in Wisconsin is Minneapolis-St Paul-Bloomington with a median annual salary of $75,910. The second highest paying city/area in Wisconsin State is Sheboygan (mean annual salary $70,800). The lowest paying area is Eastern Wisconsin nonmetropolitan area with a median annual salary of $38,860.

Cities/Areas Median Annual Salary
Minneapolis-St Paul-Bloomington
$75,910
Sheboygan
$70,800
Eau Claire
$69,940
Madison
$67,190
Green Bay
$67,170
Janesville
$64,660
Southwestern Wisconsin nonmetropolitan area
$63,990
Milwaukee-Waukesha-West Allis
$62,080
South Central Wisconsin nonmetropolitan area
$59,930
Wausau
$59,880
Fond du Lac
$59,260
Racine
$58,950
La Crosse
$58,910
Appleton
$58,340
Duluth
$55,550
Oshkosh-Neenah
$54,350
West Central Wisconsin nonmetropolitan area
$53,710
Lake County-Kenosha County
$51,610
Northern Wisconsin nonmetropolitan area
$44,270
Eastern Wisconsin nonmetropolitan area
$38,860


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