Loan Officers pay range in Kalamazoo
New workers and the lowest-paid 10% earn about $37,300 a year or less, while the top 10% make $173,900 or more. The middle half of loan officers in Kalamazoo earn between $56,200 and $97,260.
- $37K10th
- $56K25th
- $72KMedian
- $97K75th
- $174K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $89,060 | $7,422 | $42.82 |
| Median | $72,330 | $6,028 | $34.77 |
| Entry level (25th percentile) | $56,200 | $4,683 | $27.02 |
| Experienced (75th percentile) | $97,260 | $8,105 | $46.76 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Kalamazoo vs. Michigan and the U.S.
Loan officers in Kalamazoo earn 6% more than the Michigan average ($83,990) and about the same as the U.S. average ($87,790). At the median the gap is -6% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Kalamazoo | $89,060 | $72,330 | $37,300 | $173,900 | 140 |
| Michigan | $83,990 | $74,470 | $36,830 | $135,700 | 11,340 |
| United States | $87,790 | $76,690 | $39,430 | $153,180 | 274,330 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Loan Officers salary after taxes in Kalamazoo
On the average salary of $89,060, a single filer in Kalamazoo takes home about $67,945 a year, or $5,662 a month and $2,613 every two weeks. Taxes take 24% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
Is Kalamazoo a good place for loan officers? Pay vs. cost of living
Prices in the Kalamazoo area are 5% below the U.S. average (BEA price parity 94.8), so the average $89,060 buys what about $93,906 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Kalamazoo ($48,510). A typical home costs $279,752, or 3.1 years of this average salary before tax.
Loan Officers salary in other Michigan cities
Kalamazoo ranks 1st of 14 Michigan metro areas for this job, the best-paid in the state.
- 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
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in Kalamazoo: questions
How much do loan officers make an hour in Kalamazoo?
$42.82 an hour on average, and $34.77 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Kalamazoo?
The lowest-paid 10% earn about $37,300 a year and the 25th percentile is $56,200, a fair guide to starting pay.
What is the loan officers take-home pay in Kalamazoo?
About $67,945 a year ($5,662 a month) for a single filer on the average salary of $89,060.
Do loan officers earn more in Kalamazoo than elsewhere?
The average here is about the same as the U.S. average for this job ($87,790).
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; area Kalamazoo-Portage, MI (28020). Relative standard error of the mean wage: 2.2%.
- 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.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
- Job concentration: location quotient 0.67, this job is less common than in the U.S. overall (location quotient 0.67).
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