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Loan Officers average salary by city in Michigan
- Kalamazoo$89,060
- Lansing$88,080
- Detroit$85,940
- Grand Rapids$82,320
- Ann Arbor$81,990
- Muskegon$75,980
- Niles$75,470
- Traverse City$74,970
- Jackson$74,700
- Flint$73,450
- Monroe$71,060
- Saginaw$70,860
- Midland$70,850
- Battle Creek$62,190
Pay, take-home pay and cost of living
| City | Average | Median | 25th pct. | Take-home* | Cost of living |
|---|---|---|---|---|---|
| Kalamazoo | $89,060 | $72,330 | $56,200 | $67,945 | 95 |
| Lansing | $88,080 | $72,890 | $51,560 | $66,475 | 95 |
| Detroit | $85,940 | $76,260 | $50,310 | $63,959 | 100 |
| Grand Rapids | $82,320 | $71,760 | $50,290 | $62,342 | 96 |
| Ann Arbor | $81,990 | $77,820 | $50,400 | $63,272 | 101 |
| Muskegon | $75,980 | $62,190 | $48,600 | $58,597 | 93 |
| Niles | $75,470 | $64,250 | $49,560 | $58,962 | 92 |
| Traverse City | $74,970 | $63,820 | $51,560 | $58,632 | 93 |
| Jackson | $74,700 | $60,540 | $42,690 | $57,764 | 92 |
| Flint | $73,450 | $65,050 | $49,810 | $56,950 | 93 |
| Monroe | $71,060 | $56,450 | $39,300 | $56,047 | 93 |
| Saginaw | $70,860 | $62,740 | $50,200 | $54,939 | 91 |
| Midland | $70,850 | $66,880 | $59,810 | $55,908 | 92 |
| Battle Creek | $62,190 | $59,640 | $46,860 | $49,189 | 91 |
*Average salary after federal and state taxes for a single filer. Cost of living: BEA price parity, U.S. = 100.
Loan Officers salary in other states
More about pay in Michigan
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
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