Average Loan Officers Salary in Wausau, WI
The average salary for a Loan Officers in Wausau, WI is $86,660. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $86,660 per year.
- Growth Trend: Salaries have shifted 12.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $131,180.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Wausau, WI economy.
Salary Overview
The average Loan Officers in Wausau, WI earns+0.5%above the national average.
$41.7
$1,667
$7,222
Loan Officers Salary Trends (2020-2024)
Over the past 4 years, Loan Officers salaries in Wausau, WI have shown healthy growth of 12.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Officers Salary Distribution in Wausau, WI
The earning potential for Loan Officerss in Wausau, WI varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $52,210, while highly experienced professionals can command wages upwards of $131,180.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $52,210 | $25.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $64,995 | $31.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,230 | $38.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $108,325 | $52.1 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $131,180 | $63.1 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$86,660
Gross Pay
Real Wage (Purchasing Power)
$86,660
Adjusted for COL (100)
In Wausau, WI, the Cost of Living Index is 100. This increases your effective purchasing power from $86,660 to $86,660.
Job Market Context
140
Total Jobs
2.023
Per 1K Jobs
1.07
Location Quotient
With a location quotient of 1.07, Wausau, WI has a slightly higher-than-average concentration of Loan Officers roles compared to the national norm.
140 people work as Loan Officers in Wausau, WI.
Moderate density — roughly 2.023 out of every 1,000 local jobs are in this profession.
Nearby Job Markets
Nearby Cities for Loan Officers
| City | Salary | Dist. |
|---|---|---|
| South Central Wisconsin nonmetropolitan area Loan Officers Salary | $87,780↑ 1% | 48 mi |
| Northeastern Wisconsin nonmetropolitan area Loan Officers Salary | $82,230↓ 5% | 48 mi |
| Western Wisconsin nonmetropolitan area Loan Officers Salary | $82,190↓ 5% | 48 mi |
| Northwestern Wisconsin nonmetropolitan area Loan Officers Salary | $82,550↓ 5% | 48 mi |
| Appleton, WI Loan Officers Salary | $86,450↓ 0% | 78 mi |
Comparing salaries near Wausau, WI
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Wausau, WI?
The median annual salary for a Loan Officers in Wausau, WI is $86,660. This typically ranges from $52,210 for entry-level positions to $131,180 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Wausau, WI is 0.5% higher than the national median of $86,220.
Is Wausau, WI a good place for Loan Officerss?
Yes, Wausau, WI is financially attractive for Loan Officerss. The average salary of $86,660 exceeds the national average. See distinct detailed breakdown below.
Is Wausau, WI a good place to live for Loan Officers?
The Cost of Living Index in Wausau, WI is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Wausau, WI?
Some top paying nearby cities include South Central Wisconsin nonmetropolitan area ($87,780) and Northeastern Wisconsin nonmetropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Wausau, WI area with a job density of 2.023 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Wausau, WI