Loan Officers salary in Michigan
The median loan officers in Michigan earns $74,470 a year, 3% below the US median. After tax that is roughly $4,838 a month.
- 10th percentile
- $36,830
- 25th percentile
- $50,280
- Median percentile
- $74,470
- 75th percentile
- $101,150
- 90th percentile
- $135,700
Based on 11,340 employed. Data period: BLS OEWS May 2025. Percentiles show the spread of pay, not experience; reading the 25th percentile as "entry level" is only an approximation.
What you keep
$58,055 take-home a year
| Gross pay | $74,470 |
| Federal income tax | −$7,553 |
| Social Security + Medicare | −$5,697 |
| Michigan income tax (approx.) | −$3,165 |
| Monthly take-home | $4,838 |
| Every two weeks | $2,233 |
Does it go far here?
$77,398Median pay in Michigan is worth this at average US prices (local price level 96.2 vs 100).
23%of take-home pay goes to the median rent ($1,129 a month, Census ACS).
Top-paying jobs in Michigan
| Job | Median pay |
|---|---|
| Emergency Medicine Physicians | $417,760 |
| Psychiatrists | $291,850 |
| Chief Executives | $255,560 |
| Nurse Anesthetists | $247,010 |
| Family Medicine Physicians | $214,070 |
| Obstetricians and Gynecologists | $209,650 |
| Pediatricians, General | $204,690 |
| Dentists, General | $169,930 |