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Average Loan Officers Salary in Green Bay, WI

Loan Officers in Green Bay, WI, command an average annual salary of $86,250, a figure remarkably aligned with the national average of $86,220. This parity suggests that local economic factors, such as demand for financial services and the general economic health of the region, are closely mirroring national trends for this profession.

Executive Summary

  • Average Salary: $86,250 per year.
  • Growth Trend: Salaries have shifted 9.5% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $122,390.
  • Outlook: With a local workforce of 260 Loan Officers and a Location Quotient of 0.81, Green Bay presents a stable, albeit slightly below national average concentration, job market for this role. The presence of a dedicated workforce indicates consistent demand, suggesting a robust environment for experienced professionals seeking opportunities.
2024 Market Data

Salary Overview

$86,250

The average Loan Officers in Green Bay, WI earns+0.0%above the national average.

BreakdownBased on 40h/week
Hourly

$41.5

Weekly

$1,659

Monthly

$7,188

Loan Officers Salary Distribution in Green Bay, WI

The career trajectory for Loan Officers in Green Bay, WI, typically shows a significant salary increase with experience. Entry-level positions might start closer to the lower percentiles, while seasoned professionals with a proven track record can expect to earn substantially more, often reaching the higher salary percentiles, reflecting their expertise and client management capabilities.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,080$23.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$64,688$31.1
ManagerOversees team, compliance, and project delivery.50% (Median)$78,080$37.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$107,813$51.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$122,390$58.8

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$86,250

Gross Pay

Real Wage (Purchasing Power)

$86,250

Adjusted for COL (100)

A nominal salary of $86,250 in Green Bay, WI, offers excellent purchasing power, as the local Cost of Living Index stands precisely at the national average of 100. This means that the average salary provides a standard of living equivalent to the national benchmark, making relocation financially neutral in terms of cost of living adjustments.

Job Market Context

260

Total Jobs

1.527

Per 1K Jobs

0.81

Location Quotient

Below Average

Green Bay, WI has 0.81x the national average concentration of Loan Officers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

The Location Quotient of 0.81 for Loan Officers in Green Bay, WI, indicates that the profession is slightly less concentrated than the national average. This suggests a healthy, competitive market where demand is present but not oversaturated, potentially offering good opportunities for skilled individuals without intense competition.

Nearby Job Markets

Nearby Cities for Loan Officers

CitySalaryDist.
Appleton, WI Loan Officers Salary$86,450↑ 0%26 mi
Oshkosh-Neenah, WI Loan Officers Salary$86,100↓ 0%44 mi
Sheboygan, WI Loan Officers Salary$87,810↑ 2%55 mi
Fond du Lac, WI Loan Officers Salary$87,320↑ 1%56 mi
South Central Wisconsin nonmetropolitan area Loan Officers Salary$87,780↑ 2%82 mi

Comparing salaries near Green Bay, WI

Hiring Loan Officerss?

Frequently Asked Questions

How much does a Loan Officers make in Green Bay, WI?

The median annual salary for a Loan Officers in Green Bay, WI is $86,250. This typically ranges from $48,080 for entry-level positions to $122,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Green Bay, WI is 0.0% higher than the national median of $86,220.

Is Green Bay, WI a lucrative place for Loan Officers?

Yes, Green Bay, WI offers a lucrative environment for Loan Officers.The average salary of $86,250 is on par with the national average, and the cost of living is also at the national average, meaning your earnings have strong purchasing power.

Is Green Bay, WI a good place to live for Loan Officers?

The Cost of Living Index in Green Bay, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Green Bay, WI?

Some top paying nearby cities include Appleton, WI ($86,450) and Oshkosh-Neenah, WI.

How does the Green Bay Loan Officer job market compare nationally?

The job market in Green Bay is slightly less concentrated than the national average, with a Location Quotient of 0.81, suggesting a balanced demand and supply for Loan Officers.

What is the cost of living impact on a Loan Officer's salary in Green Bay?

The cost of living in Green Bay is exactly at the national average (100), meaning the average salary of $86,250 provides a standard of living equivalent to the national average.

How many Loan Officers are there in Green Bay, WI?

There are approximately 260 Loan Officers employed in Green Bay, WI, representing 1.527 jobs per 1,000 workers in the local economy.

Can Loan Officers expect salary growth in Green Bay?

While specific trends aren't detailed, it's reasonable to assume that Loan Officer salaries in Green Bay have seen growth over time, influenced by economic factors and professional development, similar to national patterns.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 260 employees in the Green Bay, WI area with a job density of 1.527 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Green Bay, WI