The median annual wage for Loan Officers in Illinois is $75,960 (May 2024 BLS OES). The mean (average) is $88,570.
Pay spans roughly $47,170 at the 10th percentile to $137,160 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $36.52 per hour. An estimated 10,330 people work as loan officers in Illinois.
| Median (annual) | $75,960 |
| Mean (annual) | $88,570 |
| Median (hourly) | $36.52 |
| 10th percentile | $47,170 |
| 90th percentile | $137,160 |
| Employment | 10,330 |
Updated 2026-07-23.
Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.