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Loan Officers Salary in Columbus, IN

BLS Official DataUpdated 2025-05-31
Median Annual

$59,040

Mean: $68,920

~$46,051 est. take-home

Hourly Rate

$28.39

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

Take-Home Pay Calculator

Estimate your real monthly budget in Columbus, IN

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Tax Breakdown

Federal Income Tax-$3,661
State Income Tax-$1,321
Social Security-$3,660
Medicare-$856
Effective Tax Rate16.1%

Monthly Take-Home

$4,128

Annual Take-Home

$49,541

Monthly Budget in Columbus

Housing / Rent$1,35033%
Food & Groceries$40010%
Transportation$3508%
Utilities$1804%
Healthcare$2506%
Remaining / Savings$1,59839%
Financial Stress Level
ComfortableGood savings potential
To maintain this lifestyle nationally:$59,040(+0% vs. local median)

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$46,130

Median

$59,040

75th %

$88,600

Median is in the 30th percentile of the typical range

Compare with another city

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Loan Officers in other IN cities

Compare the same occupation across cities in IN.

About Loan Officers salaries in Columbus, IN

According to the U.S. Bureau of Labor Statistics, the median annual salary for loan officers in Columbus, IN is $59,040. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.

Salaries typically range from $46,130 (25th percentile) to $88,600 (75th percentile), reflecting differences in experience, employer size, and specialization.

The estimated hourly rate is $28.39 per hour, based on a standard 2,080-hour work year.

Frequently Asked Questions

What is the average salary for a loan officers in Columbus?

The median salary is $59,040 per year. The mean (average) salary is $68,920.

How much does a loan officers make per hour in Columbus?

The estimated hourly rate is $28.39 per hour.

What is the salary range for loan officers in Columbus?

Salaries typically range from $46,130 (25th percentile) to $88,600 (75th percentile).