The median annual wage for Loan Officers in Chicago-Naperville-Elgin, IL-IN is $77,270 (May 2024 BLS OES). The mean (average) is $92,600.
Pay spans roughly $47,940 at the 10th percentile to $152,530 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $37.15 per hour. An estimated 7,040 people work as loan officers in Chicago-Naperville-Elgin, IL-IN.
| Median (annual) | $77,270 |
| Mean (annual) | $92,600 |
| Median (hourly) | $37.15 |
| 10th percentile | $47,940 |
| 90th percentile | $152,530 |
| Employment | 7,040 |
Updated 2026-07-23.
Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.