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How much does a loan officer make in Indiana?

$72,960a year

Median yearly pay for loan officers in Indiana. That is $35.08 an hour or $6,080 a month.

Hourly
$35.08
Vs. national median
-5%
Rank among states
31 of 51
Jobs in the state
4,790
Pay range
Lowest 10%: $43,870Median: $72,960Highest 10%: $129,700
PercentileYearlyHourly
10th$43,870$21.09
25th$50,380$24.22
Median$72,960$35.08
75th$98,960$47.58
90th$129,700$62.38

Cities in Indiana

Metro areas, median yearly pay.

Chicago, IL$80,040
Lafayette, IN$75,980
Cincinnati, OH$75,300
Terre Haute, IN$74,890
Indianapolis, IN$74,790
Elkhart, IN$74,060
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
Salaries for every job in Indiana

Nearby in the ranking

States with similar pay for loan officers.

28. Missouri$73,660
29. Maryland$73,580
30. Oklahoma$72,990
31. Indiana$72,960
32. Alaska$72,800
33. Montana$71,570
34. Florida$71,090
Loan Officer salary in all states

Frequently asked questions

How much does a loan officer make an hour in Indiana?

The median hourly pay in Indiana is $35.08 ($72,960 a year).

Do loan officers make more in Indiana than the national average?

No: $72,960 against $76,690 nationally, 5% less.

Where does Indiana rank for loan officer pay?

Indiana ranks 31 of 51 states.

Which city in Indiana 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.