Loan Officers in the Lafayette-West Lafayette Metro

BLS metro-level wage data places Loan Officers pay in Lafayette-West Lafayette, IN at a median of $75,980 per year ($36.53/hr), drawn from the OEWS May 2025 release for this Metropolitan Statistical Area. Compared with the national median of $76,690, the metro estimate is 1% below. OEWS reports the difference but does not identify its cause. Approximately 110 loan officers are employed across the Lafayette-West Lafayette MSA in SOC 13-2072.

The Lafayette-West Lafayette pay distribution spans from $49,690 at the 10th percentile to $158,490 at the 90th, a 3.2× observed spread. Differences in specialization, employer, sector, location, credentials, schedule, and experience may all contribute, but OEWS does not isolate their effects. The 25th percentile sits at $60,310 and the 75th at $98,070, so half of Lafayette-West Lafayette-based loan officers earn within that middle band.

Metro figures use establishment work location, not worker residence. BLS draws metro boundaries from the OMB MSA definitions, so Lafayette-West Lafayette, IN covers the central city plus outlying counties tied to the metro economically. OEWS includes straight-time pay, tips, commissions, incentive pay, and production bonuses. It excludes employer health and retirement benefits, overtime premiums, stock compensation, signing bonuses, and other nonproduction bonuses. The same occupation's national profile, statewide IN estimate, and peer-metro rows provide distinct geographic comparisons. A published median is a benchmark, not a prediction or ceiling for one worker.