Loan Officer Salary in Indiana
Median annual pay in Indiana
$72,960
$35.08/hour
BLS OEWS, May 2025
Adjusted for cost of living in Indiana
$78,175
Regional Price Parity: 93.329 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($76,690): −$3,730 (−4.9%)
Indiana ranks 31st of 51 states by median pay, and 25th of 51 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $43,870 | $21.09 |
| 25th percentile | $50,380 | $24.22 |
| Median | $72,960 | $35.08 |
| 75th percentile | $98,960 | $47.58 |
| 90th percentile | $129,740 | $62.38 |
Employment
- Employment in Indiana
- 4,790
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Comparison
Compared with the U.S.
- Median annual pay in Indiana
- $72,960
- Median annual pay in the U.S.
- $76,690
- Difference
- −$3,730 (−4.9%)
Cost of living
$72,960 ÷ 93.329 × 100 = $78,175
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Maryland | ||
| 29th | $73,580 | $70,104 38th |
| Oklahoma | ||
| 30th | $72,990 | $83,091 19th |
| Indiana This page | ||
| 31st | $72,960 | $78,175 25th |
| Alaska | ||
| 32nd | $72,800 | $71,122 36th |
| Montana | ||
| 33rd | $71,570 | $75,619 29th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Credit Counselor salary in the U.S.
$52,230/year U.S.
- Credit Analyst salary in the U.S.
$83,510/year U.S.
- Personal Financial Advisor salary in the U.S.
$105,070/year U.S.
- Securities, Commodities, and Financial Services Sales Agent salary in the U.S.
$78,660/year U.S.
- Financial Manager salary in the U.S.
$166,570/year U.S.
- Brokerage Clerk salary in the U.S.
$65,750/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +1.1%
- Typical education needed for entry (U.S.)
- Bachelor's degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Loan Officer salary in nearby places
- Loan Officer salary in Illinois
$79,150/year Illinois
- Loan Officer salary in Kentucky
$62,090/year Kentucky
- Loan Officer salary in Michigan
$74,470/year Michigan
- Loan Officer salary in Ohio
$76,370/year Ohio
- Loan Officer salary in the U.S.
$76,690/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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