Paycheck Atlas

Loan Officers salary in Monroe, MI

The median loan officers in Monroe, MI earns $56,450 a year, 26% below the US median. After tax that is roughly $3,762 a month.

10th percentile
$26,690
25th percentile
$39,300
Median percentile
$56,450
75th percentile
$96,450
90th percentile
$133,120

Based on 30 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

$45,138 take-home a year
Gross pay$56,450
Federal income tax−$4,594
Social Security + Medicare−$4,318
Michigan income tax (approx.)−$2,399
Monthly take-home$3,762
Every two weeks$1,736

Does it go far here?

$60,379Median pay in Monroe, MI is worth this at average US prices (local price level 93.5 vs 100).
28%of take-home pay goes to the median rent ($1,059 a month, Census ACS).

Top-paying jobs in Monroe, MI

JobMedian pay
General and Operations Managers$93,690
Registered Nurses$82,170
Elementary School Teachers, Except Special Education$63,030
Heavy and Tractor-Trailer Truck Drivers$54,510
Office Clerks, General$41,540
Laborers and Freight, Stock, and Material Movers, Hand$39,520
Waiters and Waitresses$38,780
Miscellaneous Assemblers and Fabricators$36,870

All loan officers salaries · Take-home pay in Michigan