Loan Officers pay in Milwaukee-Waukesha

In Milwaukee-Waukesha (WI), the median pay for loan officers is $40.22 an hour ($83,660 a year). About 1,180 people work in this job there.

$40.22Median hourly pay
$62,980–$130,030Middle half of workers, yearly
1,180People in this job in Milwaukee-Waukesha (WI)

That is 9% higher than the U.S. median ($76,690). It is 7% higher than the Wisconsin median ($78,290).

Pay range for loan officers in Milwaukee-Waukesha (WI)

Earns more thanHourlyYearly
10% of workers$23.75$49,400
25% of workers$30.28$62,980
Half of workers (median)$40.22$83,660
75% of workers$62.51$130,030
90% of workers$75.43$156,890

Loan Officers pay in Wisconsin metro areas

Metro areaMedian yearly payPeople in this job
Milwaukee-Waukesha (this page)$83,6601,180
Racine-Mount Pleasant$82,400130
Wausau$80,080130
Appleton$79,650180
Fond du Lac$79,18090
Green Bay$78,920240
Madison$78,840650
Sheboygan$78,82050
Kenosha$77,86060
Janesville-Beloit$76,910100
La Crosse-Onalaska$76,370170
Eau Claire$74,670130
Oshkosh-Neenah$63,600280

Wisconsin unemployment rate: 3.2% (August 2026), U.S. Bureau of Labor Statistics.

Education, experience and outlook for loan officers

  • Typical education to start: Bachelor's degree (BLS)
  • Related work experience most have: 2 to 4 years (O*NET)
  • Experience usually needed to start: Less than 5 years (BLS)
  • Training on the job: Moderate-term on-the-job training (BLS)
  • Job outlook: +1.1% over ten years, little or no change · about 17,100 openings a year (BLS)

Related jobs in Milwaukee-Waukesha (WI)

JobMedian yearly pay
Accountants and Auditors$80,290
Financial and Investment Analysts$96,700
Personal Financial Advisors$125,810

Other job titles for this job

Financial CounselorFinancial Aid CounselorHome Lending AdvisorAgricultural Loan OfficerBank OfficerBanking Services OfficerBranch Lending OfficerBusiness Banking OfficerCommercial BankerCommercial LenderCommercial Loan Collection OfficerCommercial Loan Officer

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Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.