Salary Index · All Industries
Loan Officer Salary in Detroit, MI
A mid-level Loan Officer in Detroit, MI earns a median $76,260, ranging $50,310 (P25) to $135,700 (P90).
Loan Officer salary percentiles in Detroit, MI
Mid-level (L3) annual base pay. The live page lets you switch seniority from intern to executive.
| Percentile | Annual base |
|---|---|
| 25th percentile | $50,310 |
| Median (50th) | $76,260 |
| 75th percentile | $105,620 |
| 90th percentile | $135,700 |
| Mean | $85,940 |
Job outlook
Nationally, Loan Officers is projected to grow +3.0% with ~25,300 annual openings (BLS projections) — the same figure applies across metros since BLS doesn't publish occupational growth projections below the national level.
Methodology
These Loan Officer bands for Detroit, MI draw from the U.S. Bureau of Labor Statistics Occupational Employment Statistics (OES). Every percentile traces to a named public source — no anonymous self-reported numbers, no forum threads.
Frequently asked questions
Where does this loan officer salary data for Detroit, MI come from?
Every percentile for loan officer roles in Detroit, MI is sourced from U.S. Bureau of Labor Statistics Occupational Employment Statistics (OES) data — public government records, not anonymous self-reported figures.
Are Detroit, MI loan officer salaries self-reported?
No. Unlike crowd-sourced salary sites, every band for this Detroit, MI figure traces to a named public source (BLS OES, DOL OFLC) — no forum threads, no unverified user submissions.
How are the P25–P90 percentiles calculated for Detroit, MI?
They come from BLS OES percentile wage estimates for loan officer roles in the Detroit, MI metropolitan area, supplemented by DOL prevailing-wage data where employer sponsorship is common.
How current is the Detroit, MI data?
BLS OES is updated annually and DOL OFLC filings are released through the year; the loan officer figures for Detroit, MI refresh on a quarterly cadence.
Related pages
Loan Officer salary in other metros
Sources: BLS OES, DOL OFLC public filings. Updated quarterly.