The median annual wage for Loan Officers in Detroit-Warren-Dearborn, MI is $76,710 (May 2024 BLS OES). The mean (average) is $87,930.
Pay spans roughly $29,340 at the 10th percentile to $139,630 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $36.88 per hour. An estimated 6,340 people work as loan officers in Detroit-Warren-Dearborn, MI.
| Median (annual) | $76,710 |
| Mean (annual) | $87,930 |
| Median (hourly) | $36.88 |
| 10th percentile | $29,340 |
| 90th percentile | $139,630 |
| Employment | 6,340 |
Updated 2026-07-23.
Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.