The median annual wage for Loan Officers in Traverse City, MI is $59,510 (May 2024 BLS OES). The mean (average) is $67,270.
Pay spans roughly $32,430 at the 10th percentile to $110,140 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $28.61 per hour. An estimated 140 people work as loan officers in Traverse City, MI.
| Median (annual) | $59,510 |
| Mean (annual) | $67,270 |
| Median (hourly) | $28.61 |
| 10th percentile | $32,430 |
| 90th percentile | $110,140 |
| Employment | 140 |
Updated 2026-07-23.
Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.