The median annual wage for Loan Officers in Rockford, IL is $64,470 (May 2024 BLS OES). The mean (average) is $75,880.
Pay spans roughly $45,660 at the 10th percentile to $127,120 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $31.00 per hour. An estimated 80 people work as loan officers in Rockford, IL.
| Median (annual) | $64,470 |
| Mean (annual) | $75,880 |
| Median (hourly) | $31.00 |
| 10th percentile | $45,660 |
| 90th percentile | $127,120 |
| Employment | 80 |
Updated 2026-07-23.
Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.