How Much Do Loan Officers Make in Michigan?
Median wage from BLS May 2025 — and the after-tax number the salary sites skip. Tax year 2026.
Quick answer
According to payandtaxes.com's analysis of BLS May 2025 data and 2026 tax law, the median Loan Officers in Michigan earns $74,470 per year and takes home $58,306 ($4,859/month) — a keep-rate of 78.3%, with 11,340 employed in the state.
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| Gross pay | $6,205.83 |
| Federal income tax | $629.44 |
| Social Security | $384.76 |
| Medicare | $89.99 |
| Michigan state income tax | $242.85 |
| You keep | $4,858.80 |
How much do Loan Officers make in Michigan?
The median Loan Officers in Michigan earns $74,470 per year (BLS May 2025), about $35.80 per hour.
What is that after taxes?
$74,470 gross in Michigan keeps $58,306 after federal income tax ($7,553), FICA ($5,697) and state income tax ($2,914) — $4,859 per month, a 78.3% keep-rate.
How does Michigan compare to the national median for Loan Officers?
The Michigan median is $2,220 below the national median of $76,690.
Which state pays Loan Officers the most?
Massachusetts has the highest median gross for Loan Officers at $101,600 — but compare take-home, not gross: state taxes change the order.
Loan Officers salary in every state · Michigan paycheck calculator · Michigan minimum wage