How much does a loan officer make in Indianapolis?
$74,790a year
Median yearly pay for loan officers in the Indianapolis-Carmel-Greenwood, IN metro area. That is $35.96 an hour or $6,233 a month.
- Hourly
- $35.96
- Vs. national median
- -2%
- Rank among cities
- 151 of 383
- Jobs in the area
- 1,690
Pay range
Lowest 10%: $42,640Median: $74,790Highest 10%: $130,100
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $42,640 | $20.50 | |
| 25th | $49,000 | $23.56 | |
| Median | $74,790 | $35.96 | |
| 75th | $101,400 | $48.73 | |
| 90th | $130,100 | $62.57 |
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 |
| 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 |
Related jobs in Indianapolis
Same field, median yearly pay.
| Personal Financial Advisor | $102,600 |
| Financial Risk Specialist | $101,900 |
| Project Management Specialist | $99,710 |
| Management Analyst | $97,020 |
| Financial Specialist | $95,410 |
| Budget Analyst | $87,280 |
| Compliance Officer | $83,690 |
| Financial Examiner | $83,570 |
| Business Operations Specialist | $81,520 |
| Financial and Investment Analyst | $80,470 |
Frequently asked questions
How much does a loan officer make an hour in Indianapolis?
The median hourly pay in the Indianapolis-Carmel-Greenwood, IN metro area is $35.96 ($74,790 a year).
Do loan officers make more in Indianapolis than the national average?
No: $74,790 against $76,690 nationally, 2% less.
How does Indianapolis compare with the rest of Indiana?
The median in Indiana is $72,960, so Indianapolis pays 3% more.
Where does Indianapolis rank for loan officer pay?
151 of 383 metro areas with data.
How much does a loan officer make starting out in Indianapolis?
The lowest-paid 10% make $42,640 or less a year; the top 10% make $130,100 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.