Loan Officers pay range in Grand Island
New workers and the lowest-paid 10% earn about $47,670 a year or less, while the top 10% make $126,360 or more. The middle half of loan officers in Grand Island earn between $47,670 and $99,170.
- $48K10th
- $48K25th
- $72KMedian
- $99K75th
- $126K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $77,100 | $6,425 | $37.07 |
| Median | $72,310 | $6,026 | $34.76 |
| Entry level (25th percentile) | $47,670 | $3,972 | $22.92 |
| Experienced (75th percentile) | $99,170 | $8,264 | $47.68 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Grand Island vs. Nebraska and the U.S.
Loan officers in Grand Island earn 14% less than the Nebraska average ($89,530) and 12% less than 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 |
|---|---|---|---|---|---|
| Grand Island | $77,100 | $72,310 | $47,670 | $126,360 | 130 |
| Nebraska | $89,530 | $79,840 | $49,360 | $136,640 | 2,710 |
| 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 Grand Island
On the average salary of $77,100, a single filer in Grand Island takes home about $60,441 a year, or $5,037 a month and $2,325 every two weeks. Taxes take 22% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Grand Island a good place for loan officers? Pay vs. cost of living
Prices in the Grand Island area are 13% below the U.S. average (BEA price parity 86.7), so the average $77,100 buys what about $88,971 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Grand Island ($49,410). A typical home costs $260,422, or 3.4 years of this average salary before tax.
Loan Officers salary in other Nebraska cities
Grand Island ranks 3rd of 3 Nebraska metro areas for this job; Lincoln pays the most ($96,470).
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 Grand Island: questions
How much do loan officers make an hour in Grand Island?
$37.07 an hour on average, and $34.77 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Grand Island?
The lowest-paid 10% earn about $47,670 a year and the 25th percentile is $47,670, a fair guide to starting pay.
What is the loan officers take-home pay in Grand Island?
About $60,441 a year ($5,037 a month) for a single filer on the average salary of $77,100.
Do loan officers earn more in Grand Island than elsewhere?
The average here is 12% less than 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 Grand Island, NE (24260). Relative standard error of the mean wage: 5.6%.
- 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 (2026 rules).
- Job concentration: location quotient 1.93, this job is 1.9 times as concentrated as in the U.S. overall.
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