SalaryNode

Average Loan Officers Salary in Sheboygan, WI

The average salary for a Loan Officers in Sheboygan, WI is $87,810. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $87,810 per year.
  • Growth Trend: Salaries have shifted 40.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $137,370.
  • Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 60 professionals. This role remains a specialized component of the broader Sheboygan, WI economy.
2024 Market Data

Salary Overview

$87,810

The average Loan Officers in Sheboygan, WI earns+1.8%above the national average.

BreakdownBased on 40h/week
Hourly

$42.2

Weekly

$1,689

Monthly

$7,318

Loan Officers Salary Distribution in Sheboygan, WI

The earning potential for Loan Officerss in Sheboygan, WI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $49,790, while highly experienced professionals can command wages upwards of $137,370.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,790$23.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$65,858$31.7
ManagerOversees team, compliance, and project delivery.50% (Median)$76,440$36.8
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$109,763$52.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$137,370$66

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$87,810

Gross Pay

Real Wage (Purchasing Power)

$87,810

Adjusted for COL (100)

In Sheboygan, WI, the Cost of Living Index is 100. This increases your effective purchasing power from $87,810 to $87,810.

Job Market Context

60

Total Jobs

0.939

Per 1K Jobs

0.5

Location Quotient

Below Average

Sheboygan, WI has 0.50x 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.

60 people work as Loan Officers in Sheboygan, WI.

Only 0.939 out of every 1,000 local jobs are Loan Officers roles — this is a niche profession in the area.

Nearby Job Markets

Nearby Cities for Loan Officers

Comparing salaries near Sheboygan, WI

Hiring Loan Officerss?

Frequently Asked Questions

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

The median annual salary for a Loan Officers in Sheboygan, WI is $87,810. This typically ranges from $49,790 for entry-level positions to $137,370 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Sheboygan, WI is 1.8% higher than the national median of $86,220.

Is Sheboygan, WI a good place for Loan Officerss?

Yes, Sheboygan, WI is financially attractive for Loan Officerss. The average salary of $87,810 exceeds the national average. See distinct detailed breakdown below.

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

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

Where are the highest paying cities near Sheboygan, WI?

Some top paying nearby cities include Fond du Lac, WI ($87,320) and Oshkosh-Neenah, WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 60 employees in the Sheboygan, WI area with a job density of 0.939 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.