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Loan Officer Salary in Indianapolis, IN

Updated

The median loan officer in the Indianapolis area earns $74,790 a year ($35.96 an hour), 2% below the U.S. median ($76,690) and 3% above the Indiana median ($72,960). Half of the 1,690 loan officers there earn between $49,000 and $101,360.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Loan Officers, May 2025 (latest official data). Metro area: Indianapolis-Carmel-Greenwood, IN.
Annual payIndianapolis areaIndianaU.S.
10th percentile$42,640$43,870$39,430
25th percentile$49,000$50,380$52,730
Median$74,790$72,960$76,690
75th percentile$101,360$98,960$104,080
90th percentile$130,140$129,740$153,180
Average$80,020$78,980$87,790
Jobs1,6904,790274,330

Indianapolis, IN ranks 28th of the 50 largest U.S. metro areas for loan officer pay. Highest: Boston, MA ($103,400).

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Sources

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.