How much does a loan officer make in Elkhart?
$74,060a year
Median yearly pay for loan officers in the Elkhart-Goshen, IN metro area. That is $35.61 an hour or $6,172 a month.
- Hourly
- $35.61
- Vs. national median
- -3%
- Rank among cities
- 163 of 383
- Jobs in the area
- 110
Pay range
Lowest 10%: $48,030Median: $74,060Highest 10%: $136,400
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $48,030 | $23.09 | |
| 25th | $60,670 | $29.17 | |
| Median | $74,060 | $35.61 | |
| 75th | $103,900 | $49.96 | |
| 90th | $136,400 | $65.57 |
Other cities in Indiana
Median yearly pay for loan officers.
| Chicago, IL | $80,040 |
| Lafayette, IN | $75,980 |
| Cincinnati, OH | $75,300 |
| Terre Haute, IN | $74,890 |
| Indianapolis, IN | $74,790 |
| Louisville, KY | $64,460 |
| Evansville, IN | $63,560 |
| Muncie, IN | $63,460 |
| Fort Wayne, IN | $63,320 |
| South Bend, IN | $63,130 |
| Bloomington, IN | $62,720 |
| Kokomo, IN | $60,780 |
| Michigan City, IN | $59,700 |
| Columbus, IN | $59,040 |
Related jobs in Elkhart
Same field, median yearly pay.
| Project Management Specialist | $86,640 |
| Management Analyst | $86,600 |
| Financial and Investment Analyst | $80,930 |
| Compliance Officer | $78,640 |
| Accountant and Auditor | $77,420 |
| Personal Financial Advisor | $75,270 |
| Buyer and Purchasing Agent | $75,110 |
| Logistician | $74,130 |
| Business Operations Specialist | $73,370 |
| Cost Estimator | $70,690 |
Frequently asked questions
How much does a loan officer make an hour in Elkhart?
The median hourly pay in the Elkhart-Goshen, IN metro area is $35.61 ($74,060 a year).
Do loan officers make more in Elkhart than the national average?
No: $74,060 against $76,690 nationally, 3% less.
How does Elkhart compare with the rest of Indiana?
The median in Indiana is $72,960, so Elkhart pays 2% more.
Where does Elkhart rank for loan officer pay?
163 of 383 metro areas with data.
How much does a loan officer make starting out in Elkhart?
The lowest-paid 10% make $48,030 or less a year; the top 10% make $136,400 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.