Loan Officers pay range in Milwaukee
New workers and the lowest-paid 10% earn about $49,400 a year or less, while the top 10% make $156,890 or more. The middle half of loan officers in Milwaukee earn between $62,980 and $130,030.
- $49K10th
- $63K25th
- $84KMedian
- $130K75th
- $157K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $97,710 | $8,142 | $46.98 |
| Median | $83,660 | $6,972 | $40.22 |
| Entry level (25th percentile) | $62,980 | $5,248 | $30.28 |
| Experienced (75th percentile) | $130,030 | $10,836 | $62.51 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Milwaukee vs. Wisconsin and the U.S.
Loan officers in Milwaukee earn 10% more than the Wisconsin average ($89,090) and 11% more than the U.S. average ($87,790). At the median the gap is +9% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Milwaukee | $97,710 | $83,660 | $49,400 | $156,890 | 1,180 |
| Wisconsin | $89,090 | $78,290 | $50,010 | $140,140 | 4,940 |
| 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 Milwaukee
On the average salary of $97,710, a single filer in Milwaukee takes home about $73,277 a year, or $6,106 a month and $2,818 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 (2026 rules).
Is Milwaukee a good place for loan officers? Pay vs. cost of living
Prices in the Milwaukee area are 3% below the U.S. average (BEA price parity 96.9), so the average $97,710 buys what about $100,797 would buy in a typical U.S. metro. This job pays 1.6 times the median wage of all jobs in Milwaukee ($51,160). A typical home costs $390,238, or 4.0 years of this average salary before tax.
Loan Officers salary in other Wisconsin cities
Milwaukee ranks 1st of 13 Wisconsin metro areas for this job, the best-paid in the state.
- Milwaukee$97,710
- Racine$92,970
- Appleton$91,170
- Madison$90,840
- Fond du Lac$90,590
- Green Bay$90,540
- Wausau$89,350
- Janesville$87,750
- Sheboygan$87,680
- Kenosha$86,880
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 Milwaukee: questions
How much do loan officers make an hour in Milwaukee?
$46.98 an hour on average, and $40.22 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Milwaukee?
The lowest-paid 10% earn about $49,400 a year and the 25th percentile is $62,980, a fair guide to starting pay.
What is the loan officers take-home pay in Milwaukee?
About $73,277 a year ($6,106 a month) for a single filer on the average salary of $97,710.
Do loan officers earn more in Milwaukee than elsewhere?
The average here is 11% more 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 Milwaukee-Waukesha, WI (33340). Relative standard error of the mean wage: 4.2%.
- 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 (2026 rules).
- Job concentration: location quotient 0.82, this job is about as common as in the U.S. overall.
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