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How much does a loan officer make in Peoria?

$74,530a year

Median yearly pay for loan officers in the Peoria, IL metro area. That is $35.83 an hour or $6,211 a month.

Hourly
$35.83
Vs. national median
-3%
Rank among cities
153 of 383
Jobs in the area
270
Pay range
Lowest 10%: $49,360Median: $74,530Highest 10%: $148,900
PercentileYearlyHourly
10th$49,360$23.73
25th$60,640$29.15
Median$74,530$35.83
75th$117,400$56.43
90th$148,900$71.60

Other cities in Illinois

Median yearly pay for loan officers.

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
St. Louis, MO$74,510
Bloomington, IL$67,140
Kankakee, IL$62,570
Paducah, KY$60,080
Loan Officer salary in Illinois Loan Officer salary in all states

Related jobs in Peoria

Same field, median yearly pay.

Project Management Specialist$123,700
Financial Risk Specialist$119,600
Personal Financial Advisor$108,900
Labor Relations Specialist$102,900
Buyer and Purchasing Agent$96,880
Management Analyst$96,530
Logistician$85,930
Compensation$84,020
Financial and Investment Analyst$83,500
Financial Examiner$80,000
Salaries for every job in Peoria, IL

Frequently asked questions

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

The median hourly pay in the Peoria, IL metro area is $35.83 ($74,530 a year).

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

No: $74,530 against $76,690 nationally, 3% less.

How does Peoria compare with the rest of Illinois?

The median in Illinois is $79,150, so Peoria pays 6% less.

Where does Peoria rank for loan officer pay?

153 of 383 metro areas with data.

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

The lowest-paid 10% make $49,360 or less a year; the top 10% make $148,900 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.