How much does a loan officer make in Illinois?
$79,150a year
Median yearly pay for loan officers in Illinois. That is $38.05 an hour or $6,596 a month.
- Hourly
- $38.05
- Vs. national median
- +3%
- Rank among states
- 21 of 51
- Jobs in the state
- 10,890
Pay range
Lowest 10%: $43,020Median: $79,150Highest 10%: $137,100
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $43,020 | $20.68 | |
| 25th | $60,520 | $29.10 | |
| Median | $79,150 | $38.05 | |
| 75th | $104,600 | $50.27 | |
| 90th | $137,100 | $65.90 |
Cities in Illinois
Metro areas, median yearly pay.
| Chicago, IL | $80,040 |
| Champaign, IL | $78,950 |
| Springfield, IL | $78,600 |
| Cape Girardeau, MO | $76,400 |
| Rockford, IL | $75,880 |
| Davenport, IA | $75,380 |
| Decatur, IL | $75,190 |
| Peoria, IL | $74,530 |
| St. Louis, MO | $74,510 |
| Bloomington, IL | $67,140 |
| Kankakee, IL | $62,570 |
| Paducah, KY | $60,080 |
Nearby in the ranking
States with similar pay for loan officers.
| 18. South Dakota | $79,920 |
| 19. Nebraska | $79,840 |
| 20. Wyoming | $79,620 |
| 21. Illinois | $79,150 |
| 22. Virginia | $78,320 |
| 23. Wisconsin | $78,290 |
| 24. Rhode Island | $77,250 |
Frequently asked questions
How much does a loan officer make an hour in Illinois?
The median hourly pay in Illinois is $38.05 ($79,150 a year).
Do loan officers make more in Illinois than the national average?
Yes: $79,150 against $76,690 nationally, 3% more.
Where does Illinois rank for loan officer pay?
Illinois ranks 21 of 51 states.
Which city in Illinois pays loan officers the most?
Chicago-Naperville-Elgin, IL-IN, with a median of $80,040 a year.
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.