SalaryNode

Average Loan Officers Salary in Kenosha, WI

The average salary for a Loan Officers in Kenosha, WI is $87,450. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $87,450 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $146,730.
  • Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 80 professionals. This role remains a specialized component of the broader Kenosha, WI economy.
2024 Market Data

Salary Overview

$87,450

The average Loan Officers in Kenosha, WI earns+1.4%above the national average.

BreakdownBased on 40h/week
Hourly

$42

Weekly

$1,682

Monthly

$7,288

Loan Officers Salary Distribution in Kenosha, WI

The earning potential for Loan Officerss in Kenosha, WI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $48,240, while highly experienced professionals can command wages upwards of $146,730.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$48,240$23.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$65,588$31.5
ManagerOversees team, compliance, and project delivery.50% (Median)$80,180$38.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$109,313$52.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$146,730$70.5

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$87,450

Gross Pay

Real Wage (Purchasing Power)

$87,450

Adjusted for COL (100)

In Kenosha, WI, the Cost of Living Index is 100. This increases your effective purchasing power from $87,450 to $87,450.

Job Market Context

80

Total Jobs

1.098

Per 1K Jobs

0.58

Location Quotient

Below Average

Kenosha, WI has 0.58x 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.

80 people work as Loan Officers in Kenosha, WI.

1.098 out of every 1,000 local jobs are Loan Officers positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Loan Officers

CitySalaryDist.
Racine-Mount Pleasant, WI Loan Officers Salary$86,170↓ 1%10 mi
Milwaukee-Waukesha, WI Loan Officers Salary$93,700↑ 7%33 mi
Chicago-Naperville-Elgin, IL-IN Loan Officers Salary$92,600↑ 6%51 mi
Janesville-Beloit, WI Loan Officers Salary$87,480↑ 0%58 mi
Rockford, IL Loan Officers Salary$75,880↓ 13%65 mi

Comparing salaries near Kenosha, WI

Hiring Loan Officerss?

Frequently Asked Questions

How much does a Loan Officers make in Kenosha, WI?

The median annual salary for a Loan Officers in Kenosha, WI is $87,450. This typically ranges from $48,240 for entry-level positions to $146,730 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Kenosha, WI is 1.4% higher than the national median of $86,220.

Is Kenosha, WI a good place for Loan Officerss?

Yes, Kenosha, WI is financially attractive for Loan Officerss. The average salary of $87,450 exceeds the national average. See distinct detailed breakdown below.

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

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

Where are the highest paying cities near Kenosha, WI?

Some top paying nearby cities include Racine-Mount Pleasant, WI ($86,170) and Milwaukee-Waukesha, WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 80 employees in the Kenosha, WI area with a job density of 1.098 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 Kenosha, WI