SOC 13-2072 · May 2025 · BLS OEWS
Loan Officers — Muncie
Muncie, IN · 10 metro areas compared
The median wage for Loan Officers in Muncie, IN is $63,460 per year, 17.3% below the national median of $76,690.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
The median wage for Loan Officers in Muncie, IN is $63,460 per year, 17.3% below the national median of $76,690. Half of workers earn between $50,690 and $99,170. Beyond that band, the tenth percentile sits at $46,570 and the ninetieth at $121,000.
Employment stands at 150, or 3.3 jobs per thousand held locally. Within the state, Lafayette records the highest median at $75,980. Of the 192 occupations with published wages in this area, it sits 50th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $46,570 | −39.3% |
| 25th | $50,690 | −33.9% |
| Median (50th) | $63,460 | −17.3% |
| 75th | $99,170 | +29.3% |
| 90th | $121,000 | +57.8% |
| Mean | $74,930 | −2.3% |
Other metro areas in Indiana
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Lafayette | $75,980 | 110 | |
| 2 | Terre Haute | $74,890 | 70 | |
| 3 | Indianapolis | $74,790 | 1,690 | |
| 4 | Elkhart | $74,060 | 110 | |
| 5 | Evansville | $63,560 | 240 | |
| 6 | Fort Wayne | $63,320 | 410 | |
| 7 | South Bend | $63,130 | 160 | |
| 8 | Bloomington | $62,720 | 90 | |
| 9 | Kokomo | $60,780 | 60 | |
| 10 | Michigan City | $59,700 | 60 |
What the pay is worth locally
Prices in Muncie run 6.7% below the national average, so the median of $63,460 goes as far as $68,017 would elsewhere in the country. Measured that way it compares to the national median at 11.3% below the national median in real terms.
Published median
$63,460as reported by BLSLocal price level
93.3US average = 100 · BEA 2024Adjusted for local prices
$68,017US average = 100 · BEA 2024Key takeaways
- Median pay is $63,460 a year, 17.3% below the national median.
- Published pay spans $46,570 to $121,000 between the tenth and ninetieth percentiles.
- The area has 150 jobs in this occupation.
- The highest-paying metro area covered is Lafayette, at $75,980.
Frequently asked questions
What is the median wage for Loan Officers in Muncie, IN?
The median annual wage is $63,460, or $30.51 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $76,690, so pay in Muncie, IN is 17.3% lower. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Muncie, IN earns more than $121,000 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $46,570 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Lafayette, at $75,980 per year.
How many jobs are there in this occupation here?
The survey estimates 150 jobs in this occupation in Muncie, IN. Self-employed workers are not included.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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