The median annual wage for Loan Officers in Grand Rapids-Wyoming-Kentwood, MI is $73,490 (May 2024 BLS OES). The mean (average) is $88,080.
Pay spans roughly $39,900 at the 10th percentile to $155,340 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $35.33 per hour. An estimated 890 people work as loan officers in Grand Rapids-Wyoming-Kentwood, MI.
| Median (annual) | $73,490 |
| Mean (annual) | $88,080 |
| Median (hourly) | $35.33 |
| 10th percentile | $39,900 |
| 90th percentile | $155,340 |
| Employment | 890 |
Updated 2026-07-23.
Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.