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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 amongst Wisconsin cities 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 2017 and published in April 2018 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$33,350
25th Percentile Wage
$44,770
50th Percentile Wage
$61,400
75th Percentile Wage
$83,000
90th Percentile Wage
$122,340

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 $122,340. The median (50th percentile) annual salary is $61,400. The average annual salary for the bottom 10 percent is $33,350.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of loan officers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$61,400
-0.21% 20.23%
2016
$61,530
0.62% -
2015
$61,150
2.55% -
2014
$59,590
13.09% -
2013
$51,790
5.43% -
2012
$48,980
- -

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 $44,270 to $73,530. The highest paying area for loan officers in Wisconsin is Minneapolis-St Paul-Bloomington with a median annual salary of $73,530. The second highest paying city/area in Wisconsin State is Sheboygan (mean annual salary $70,180). The lowest paying area is Northern Wisconsin nonmetropolitan area with a median annual salary of $44,270.

Cities/Areas Median Annual Salary
Minneapolis-St Paul-Bloomington
$73,530
Sheboygan
$70,180
Madison
$69,540
Green Bay
$67,320
South Central Wisconsin nonmetropolitan area
$65,180
Oshkosh-Neenah
$63,130
Milwaukee-Waukesha-West Allis
$61,750
Wausau
$60,970
Lake County-Kenosha County
$59,270
Janesville
$58,980
West Central Wisconsin nonmetropolitan area
$58,160
Racine
$56,990
Eau Claire
$56,880
Southwestern Wisconsin nonmetropolitan area
$56,670
Fond du Lac
$56,200
Appleton
$54,880
Duluth
$53,920
La Crosse
$50,960
Eastern Wisconsin nonmetropolitan area
$45,590
Northern Wisconsin nonmetropolitan area
$44,270




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