How much does a loan officer make in Springfield?
$78,600a year
Median yearly pay for loan officers in the Springfield, IL metro area. That is $37.79 an hour or $6,550 a month.
- Hourly
- $37.79
- Vs. national median
- +2%
- Rank among cities
- 104 of 383
- Jobs in the area
- 190
Pay range
Lowest 10%: $52,380Median: $78,600Highest 10%: $151,500
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $52,380 | $25.18 | |
| 25th | $62,930 | $30.25 | |
| Median | $78,600 | $37.79 | |
| 75th | $97,460 | $46.86 | |
| 90th | $151,500 | $72.86 |
Other cities in Illinois
Median yearly pay for loan officers.
| Chicago, IL | $80,040 |
| Champaign, IL | $78,950 |
| 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 |
Related jobs in Springfield
Same field, median yearly pay.
| Personal Financial Advisor | $154,400 |
| Labor Relations Specialist | $102,000 |
| Project Management Specialist | $100,000 |
| Business Operations Specialist | $95,990 |
| Management Analyst | $91,650 |
| Accountant and Auditor | $86,440 |
| Financial and Investment Analyst | $83,490 |
| Cost Estimator | $82,230 |
| Human Resources Specialist | $78,840 |
| Logistician | $77,090 |
Frequently asked questions
How much does a loan officer make an hour in Springfield?
The median hourly pay in the Springfield, IL metro area is $37.79 ($78,600 a year).
Do loan officers make more in Springfield than the national average?
Yes: $78,600 against $76,690 nationally, 2% more.
How does Springfield compare with the rest of Illinois?
The median in Illinois is $79,150, so Springfield pays 1% less.
Where does Springfield rank for loan officer pay?
104 of 383 metro areas with data.
How much does a loan officer make starting out in Springfield?
The lowest-paid 10% make $52,380 or less a year; the top 10% make $151,500 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.