Loan Officers Salary in Detroit-Warren-Dearborn, MI

Median Salary

$76,260

per year

Hourly Rate

$36.66

per hour

Employment

7,200

in Detroit-Warren-Dearborn, MI

vs. National Avg

-0.6%

National: $76,690

📊 Compared to the national median of $76,690, Detroit-Warren-Dearborn, MI pays 0.6% LESS for Loan Officers positions.

Purchasing Power

$83,618

cost-adjusted value

Cost of Living

91.2

9% below national avg

Rent/Income

19%

Affordable

Salary Distribution in Detroit-Warren-Dearborn, MI

10th

$36,520

25th

$50,310

Median

$76,260

75th

$105,620

90th

$135,700

Data Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS).