Loan Officers Salary
Loan Officers in Wisconsin make a median of $78,290 a year, or about $37.64 an hour. The range runs from $50K at the entry level to $140K for experienced workers. Cost of living is below average (RPP 94.33), which stretches that salary to about $82,996 in buying power. Rent on a 2-bedroom averages $1,202/month, or 23.4% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Wisconsin. Jump to a metro for precise data:
So what does $78K get you in Wisconsin?
About loan officers
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What this looks like in Wisconsin
Loan officers pay in Wisconsin tracks closely to the national median, $78K locally vs. $77K nationwide, a 2% difference. Housing is manageable: a 2-bedroom at the HUD median costs $1,202/month, 23.9% of take-home, well inside the 30% guideline. Regional Price Parity sits at 94.33 (national = 100), meaning everyday costs run about 6% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Wisconsin
Entry-level loan officers (10th percentile) start around $50K. Mid-career wages sit at $78K. Top earners bring in $140K or more, a $90K spread from bottom to top.
Loan Officers salary by metro in Wisconsin
13 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Milwaukee-Waukesha | $84K | +7% | 1,180 |
| Racine-Mount Pleasant | $82K | +5% | 130 |
| Wausau | $80K | +2% | 130 |
| Appleton | $80K | +2% | 180 |
| Fond du Lac | $79K | +1% | 90 |
| Green Bay | $79K | +1% | 240 |
| Madison | $79K | +1% | 650 |
| Sheboygan | $79K | +1% | 50 |
| Kenosha | $78K | -1% | 60 |
| Janesville-Beloit | $77K | -2% | 100 |
| La Crosse-Onalaska | $76K | -2% | 170 |
| Eau Claire | $75K | -5% | 130 |
| Oshkosh-Neenah | $64K | -19% | 280 |
Showing 1–10 of 13 metros
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BLS updates this data quarterly. We'll email you when Wisconsin numbers change.
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Frequently asked questions
Can a loan officer afford a 2BR apartment alone in Wisconsin?
Yes — at the median salary of $78K, rent takes 23.9% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,202/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for loan officers in Wisconsin?
The 10th-percentile wage — what new loan officers typically earn — is $50K/year. Take-home on that works out to about $3,001/month. At HUD’s $1,202/month FMR, rent would take 40% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is loan officer a high-paying job in Wisconsin?
Pay here is roughly in line with the national average — $78K locally vs. $77K nationally, a 2% difference.
How does Wisconsin compare to the national average for loan officers?
Wisconsin pays $78K median vs. the U.S. average of $77K — that’s +2%. After adjusting for local cost of living (RPP 94.33), the purchasing-power equivalent is $83K — still ahead of the national median.
How much do loan officers make in Wisconsin?
The median is $78,290 a year, that works out to about $38 an hour. But the range is wide: entry-level workers start around $50,010, and experienced loan officers can clear $140,140. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $78K enough to live in Wisconsin?
On that salary, you'd take home roughly $5,030/month after taxes. A 2-bedroom here rents for about $1,202/month, which eats 23.9% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a loan officers salary go in Wisconsin?
Wisconsin has a Regional Price Parity of 94.33 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median loan officers salary is worth about $82,996 in national-average purchasing power.
Where do loan officers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.