SOC 13-2072 · May 2025 · BLS OEWS
Loan Officers — Racine
Racine-Mount Pleasant, WI · 10 metro areas compared
The median wage for Loan Officers in Racine, WI is $82,400 per year, close to the national median of $76,690 for the same occupation.
Wage distribution · annual
Shaded band holds the middle 50% of earners
Salary overview
The median wage for Loan Officers in Racine, WI is $82,400 per year, close to the national median of $76,690 for the same occupation. Half of workers earn between $66,210 and $109,100. Beyond that band, the tenth percentile sits at $56,390 and the ninetieth at $135,770.
The area has 130 jobs in this occupation, which works out to 1.8 of every thousand jobs. Within the state, Milwaukee records the highest median at $83,660. Of the 265 occupations with published wages in this area, it sits 59th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $56,390 | −26.5% |
| 25th | $66,210 | −13.7% |
| Median (50th) | $82,400 | +7.4% |
| 75th | $109,100 | +42.3% |
| 90th | $135,770 | +77.0% |
| Mean | $92,970 | +21.2% |
Other metro areas in Wisconsin
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Milwaukee | $83,660 | 1,180 | |
| 2 | Wausau | $80,080 | 130 | |
| 3 | Appleton | $79,650 | 180 | |
| 4 | Fond du Lac | $79,180 | 90 | |
| 5 | Green Bay | $78,920 | 240 | |
| 6 | Madison | $78,840 | 650 | |
| 7 | Sheboygan | $78,820 | 50 | |
| 8 | Kenosha | $77,860 | 60 | |
| 9 | Janesville | $76,910 | 100 | |
| 10 | La Crosse | $76,370 | 170 |
What the pay is worth locally
Prices in Racine run 5.9% below the national average, so the median of $82,400 goes as far as $87,566 would elsewhere in the country. Measured that way it compares to the national median at 14.2% above the national median in real terms.
Published median
$82,400as reported by BLSLocal price level
94.1US average = 100 · BEA 2024Adjusted for local prices
$87,566US average = 100 · BEA 2024Key takeaways
- Median pay is $82,400 a year, 7.4% above the national median.
- Published pay spans $56,390 to $135,770 between the tenth and ninetieth percentiles.
- The area has 130 jobs in this occupation.
- The highest-paying metro area covered is Milwaukee, at $83,660.
Frequently asked questions
What is the median wage for Loan Officers in Racine, WI?
The median annual wage is $82,400, or $39.62 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 Racine, WI is 7.4% higher. 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 Racine, WI earns more than $135,770 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $56,390 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 Milwaukee, at $83,660 per year.
How many jobs are there in this occupation here?
The survey estimates 130 jobs in this occupation in Racine, WI. 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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