Loan Officers Salary in Indiana
Loan Officers in Indiana earn a median annual wage of $72,960 —4.9% below the national median of $76,690. That ranks IN #31 of 51 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Employment is only 0.85× as concentrated as the national average — this occupation is relatively scarce in Indiana.
Highest-paying states for loan officers
All 51 states ranked by median annual wage. Indiana is highlighted.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | Massachusetts | $101,600 | $48.85 | 4,470 | 0.70 |
| 2 | Connecticut | $95,730 | $46.03 | 2,220 | 0.74 |
| 3 | New York | $95,710 | $46.01 | 10,840 | 0.63 |
| 4 | Minnesota | $95,170 | $45.76 | 6,430 | 1.24 |
| 5 | Colorado | $94,520 | $45.44 | 3,230 | 0.64 |
| 6 | Oregon | $94,440 | $45.40 | 4,220 | 1.22 |
| 7 | New Jersey | $92,920 | $44.67 | 6,200 | 0.82 |
| 8 | District of Columbia | $92,890 | $44.66 | 370 | 0.30 |
| 9 | Vermont | $88,710 | $42.65 | 350 | 0.64 |
| 10 | Kansas | $86,970 | $41.81 | 3,540 | 1.40 |
Related occupations in Indiana
Occupations in the same job family, compared within Indiana.
| Occupation | Indiana median | U.S. median |
|---|---|---|
| Accountants and Auditors | $77,720 | $83,680 |
| Business Operations Specialists, All Other | $79,030 | $83,050 |
| Project Management Specialists | $95,020 | $102,320 |
| Human Resources Specialists | $65,600 | $75,940 |
| Market Research Analysts and Marketing Specialists | $63,700 | $78,760 |
| Management Analysts | $95,560 | $101,860 |
Frequently asked questions
How much do loan officers make in Indiana?
The median annual wage for loan officers in Indiana is $72,960, or $35.08 per hour. That is 4.9% below the national median of $76,690.
What is the entry-level loan officers salary in Indiana?
Workers at the 10th percentile earn $43,870 per year ($21.09/hour). The 25th percentile is $50,380.
How many people work as loan officers in Indiana?
About 4,790 people work in this occupation in Indiana, or 1.5 per 1,000 jobs statewide.
Is Indiana a good state for loan officers?
Indiana ranks #31 of 51 states by median wage for this occupation. Employment is only 0.85x as concentrated as the national average, so this occupation is relatively scarce in Indiana.
Which state pays loan officers the most?
Massachusetts has the highest median wage at $101,600 per year, followed by Connecticut ($95,730) and New York ($95,710).