Loan Officers pay range in Racine
New workers and the lowest-paid 10% earn about $56,390 a year or less, while the top 10% make $135,770 or more. The middle half of loan officers in Racine earn between $66,210 and $109,100.
- $56K10th
- $66K25th
- $82KMedian
- $109K75th
- $136K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $92,970 | $7,748 | $44.70 |
| Median | $82,400 | $6,867 | $39.62 |
| Entry level (25th percentile) | $66,210 | $5,518 | $31.83 |
| Experienced (75th percentile) | $109,100 | $9,092 | $52.45 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Racine vs. Wisconsin and the U.S.
Loan officers in Racine earn 4% more than the Wisconsin average ($89,090) and 6% more than the U.S. average ($87,790). At the median the gap is +7% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Racine | $92,970 | $82,400 | $56,390 | $135,770 | 130 |
| 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 Racine
On the average salary of $92,970, a single filer in Racine takes home about $70,224 a year, or $5,852 a month and $2,701 every two weeks. Taxes take 24% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Racine a good place for loan officers? Pay vs. cost of living
Prices in the Racine area are 4% below the U.S. average (BEA price parity 96.0), so the average $92,970 buys what about $96,883 would buy in a typical U.S. metro. This job pays 1.7 times the median wage of all jobs in Racine ($48,870). A typical home costs $316,876, or 3.4 years of this average salary before tax.
Loan Officers salary in other Wisconsin cities
Racine ranks 2nd of 13 Wisconsin metro areas for this job; Milwaukee pays the most ($97,710).
- 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 Racine: questions
How much do loan officers make an hour in Racine?
$44.70 an hour on average, and $39.62 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Racine?
The lowest-paid 10% earn about $56,390 a year and the 25th percentile is $66,210, a fair guide to starting pay.
What is the loan officers take-home pay in Racine?
About $70,224 a year ($5,852 a month) for a single filer on the average salary of $92,970.
Do loan officers earn more in Racine than elsewhere?
The average here is 6% 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 Racine-Mount Pleasant, WI (39540). Relative standard error of the mean wage: 2.9%.
- 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 0.99, this job is about as common as in the U.S. overall.
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