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How much does a loan officer make in Kokomo?

$60,780a year

Median yearly pay for loan officers in the Kokomo, IN metro area. That is $29.22 an hour or $5,065 a month.

Hourly
$29.22
Vs. national median
-21%
Rank among cities
308 of 383
Jobs in the area
60
Pay range
Lowest 10%: $46,420Median: $60,780Highest 10%: $120,500
PercentileYearlyHourly
10th$46,420$22.32
25th$51,340$24.68
Median$60,780$29.22
75th$84,650$40.70
90th$120,500$57.95

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
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
Michigan City, IN$59,700
Columbus, IN$59,040
Loan Officer salary in Indiana Loan Officer salary in all states

Related jobs in Kokomo

Same field, median yearly pay.

Project Management Specialist$110,900
Personal Financial Advisor$97,430
Accountant and Auditor$77,520
Buyer and Purchasing Agent$70,140
Human Resources Specialist$66,200
Market Research Analyst and Marketing Specialist$62,450
Business Operations Specialist$53,740
Salaries for every job in Kokomo, IN

Frequently asked questions

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

The median hourly pay in the Kokomo, IN metro area is $29.22 ($60,780 a year).

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

No: $60,780 against $76,690 nationally, 21% less.

How does Kokomo compare with the rest of Indiana?

The median in Indiana is $72,960, so Kokomo pays 17% less.

Where does Kokomo rank for loan officer pay?

308 of 383 metro areas with data.

How much does a loan officer make starting out in Kokomo?

The lowest-paid 10% make $46,420 or less a year; the top 10% make $120,500 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.