Loan Officer Salary in Indianapolis, IN
Bureau of Labor Statistics OEWS Survey
Median Annual Salary
$64,627
Hourly Rate
$31.07
/hour
Jobs in Area
302
employed
Loan Officer Salary Range in Indianapolis, IN
Annual Salary Range
$43k
10th percentile
$52k
25th
$78k
75th
$95k
90th percentile
Salary Breakdown by Percentile
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| 10th Percentile (Entry Level) | $43,110 | $20.73 |
| 25th Percentile | $51,813 | $24.91 |
| Median (50th Percentile) | $64,627 | $31.07 |
| 75th Percentile | $77,768 | $37.39 |
| 90th Percentile (Top Earners) | $95,134 | $45.74 |
| Average (Mean) | $70,693 | $33.99 |
Frequently Asked Questions
The average Loan Officer salary in Indianapolis, IN is $64,627 per year or $31.07 per hour as of 2024. This is based on data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2024. The geographic area covered is the Indianapolis-Carmel-Anderson Metropolitan Statistical Area.
Last updated: 1/23/2026
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How Indianapolis, IN Compares
vs National Average
$69,990
vs Indiana Average
$73,443
Cost-of-Living Adjusted
$70,247
Cost of living in Indianapolis, IN is 8.0% below the national average.
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