How much does a loan officer make in Ann Arbor?
$77,820a year
Median yearly pay for loan officers in the Ann Arbor, MI metro area. That is $37.41 an hour or $6,485 a month.
- Hourly
- $37.41
- Vs. national median
- +1%
- Rank among cities
- 116 of 383
- Jobs in the area
- 320
Pay range
Lowest 10%: $35,790Median: $77,820Highest 10%: $131,300
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $35,790 | $17.21 | |
| 25th | $50,400 | $24.23 | |
| Median | $77,820 | $37.41 | |
| 75th | $100,000 | $48.10 | |
| 90th | $131,300 | $63.10 |
Other cities in Michigan
Median yearly pay for loan officers.
| Detroit, MI | $76,260 |
| Lansing, MI | $72,890 |
| Kalamazoo, MI | $72,330 |
| Grand Rapids, MI | $71,760 |
| Midland, MI | $66,880 |
| Flint, MI | $65,050 |
| Niles, MI | $64,250 |
| Traverse City, MI | $63,820 |
| South Bend, IN | $63,130 |
| Saginaw, MI | $62,740 |
| Muskegon, MI | $62,190 |
| Jackson, MI | $60,540 |
| Battle Creek, MI | $59,640 |
Related jobs in Ann Arbor
Same field, median yearly pay.
| Budget Analyst | $127,900 |
| Financial Risk Specialist | $125,000 |
| Management Analyst | $104,600 |
| Project Management Specialist | $103,700 |
| Financial and Investment Analyst | $98,620 |
| Personal Financial Advisor | $95,840 |
| Labor Relations Specialist | $95,180 |
| Claims Adjuster | $90,470 |
| Compensation | $84,280 |
| Logistician | $83,430 |
Frequently asked questions
How much does a loan officer make an hour in Ann Arbor?
The median hourly pay in the Ann Arbor, MI metro area is $37.41 ($77,820 a year).
Do loan officers make more in Ann Arbor than the national average?
Yes: $77,820 against $76,690 nationally, 1% more.
How does Ann Arbor compare with the rest of Michigan?
The median in Michigan is $74,470, so Ann Arbor pays 4% more.
Where does Ann Arbor rank for loan officer pay?
116 of 383 metro areas with data.
How much does a loan officer make starting out in Ann Arbor?
The lowest-paid 10% make $35,790 or less a year; the top 10% make $131,300 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.