Loan Officers pay range in Lansing
New workers and the lowest-paid 10% earn about $37,680 a year or less, while the top 10% make $127,030 or more. The middle half of loan officers in Lansing earn between $51,560 and $100,050.
- $38K10th
- $52K25th
- $73KMedian
- $100K75th
- $127K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $88,080 | $7,340 | $42.35 |
| Median | $72,890 | $6,074 | $35.04 |
| Entry level (25th percentile) | $51,560 | $4,297 | $24.79 |
| Experienced (75th percentile) | $100,050 | $8,338 | $48.10 |
*Hourly figures assume 2,080 paid hours a year.
Loan Officers salary after taxes in Lansing
On the average salary of $88,080, a single filer in Lansing takes home about $66,475 a year, or $5,540 a month and $2,557 every two weeks. Taxes take 25% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules). Includes Lansing's local income tax (1%).
Is Lansing a good place for loan officers? Pay vs. cost of living
Prices in the Lansing area are 5% below the U.S. average (BEA price parity 95.0), so the average $88,080 buys what about $92,725 would buy in a typical U.S. metro. This job pays 1.4 times the median wage of all jobs in Lansing ($52,800). A typical home costs $250,377, or 2.8 years of this average salary before tax.
Loan Officers salary in other Michigan cities
Lansing ranks 2nd of 14 Michigan metro areas for this job; Kalamazoo pays the most ($89,060).
- 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 Lansing: questions
How much do loan officers make an hour in Lansing?
$42.35 an hour on average, and $35.05 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Lansing?
The lowest-paid 10% earn about $37,680 a year and the 25th percentile is $51,560, a fair guide to starting pay.
What is the loan officers take-home pay in Lansing?
About $66,475 a year ($5,540 a month) for a single filer on the average salary of $88,080. Includes Lansing's local income tax (1%).
Do loan officers earn more in Lansing than elsewhere?
The average here is about the same as the U.S. metro average for this job ($88,726).
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 Lansing-East Lansing, MI (29620). Relative standard error of the mean wage: 6.8%.
- 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). Includes Lansing's local income tax (1%).
- Job concentration: location quotient 1.09, this job is about as common as in the U.S. overall.
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