Loan Officer salary in Cape Girardeau, MO-IL
Loan Officers in the Cape Girardeau, MO-IL metro area earn a median of $76,400 a year ($36.73 an hour), based on BLS data for 70 workers.
Pay ranges from $44,030 for the lowest-paid 10% to $128,180 for the top 10%. That is about the same as the national median of $76,690. Pay here is 4% higher than the Missouri statewide median of $73,660. There are 1.6 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $81,280, above the median because a few high earners pull it up.
Pay range for loan officers in Cape Girardeau, MO-IL
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $44,030 | $21.17 |
| 25th percentile | $58,750 | $28.25 |
| Median | $76,400 | $36.73 |
| 75th percentile | $104,320 | $50.15 |
| 90th percentile (top earners) | $128,180 | $61.63 |
| Average (mean) | $81,280 | $39.08 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,366.67 |
| Semi-monthly (24 a year) | $3,183.33 |
| Biweekly (26 a year) | $2,938.46 |
| Weekly | $1,469.23 |
| Hourly | $36.73 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $76,400 salary, see how much house you can afford in Missouri at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Kansas City, MO-KS | $82,330 | 2,180 |
| Columbia, MO | $81,850 | 450 |
| Chicago-Naperville-Elgin, IL-IN | $80,040 | 7,380 |
| Champaign-Urbana, IL | $78,950 | 210 |
| Springfield, IL | $78,600 | 190 |
| Springfield, MO | $76,040 | 480 |
| Rockford, IL | $75,880 | 90 |
| Davenport-Moline-Rock Island, IA-IL | $75,380 | 350 |
| Decatur, IL | $75,190 | 90 |
| Peoria, IL | $74,530 | 270 |
| St. Louis, MO-IL | $74,510 | 2,690 |
| Joplin, MO-KS | $70,170 | 140 |
| Bloomington, IL | $67,140 | 160 |
| Jefferson City, MO | $64,430 | 270 |
| St. Joseph, MO-KS | $63,080 | 80 |
| Kankakee, IL | $62,570 | 80 |
| Paducah, KY-IL | $60,080 | 90 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Missouri statewide figures.
Related jobs in Cape Girardeau, MO-IL
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $64,010 | $30.78 |
| Personal Financial Advisor | $72,280 | $34.75 |
| Property Appraisers and Assessors | $53,390 | $25.67 |
| Human Resources Specialist | $60,660 | $29.16 |
| Project Management Specialist | $78,150 | $37.57 |
| Buyers and Purchasing Agents | $57,790 | $27.78 |
| Market Research Analysts and Marketing Specialists | $50,340 | $24.20 |
| Business Operations Specialists, All Other | $62,660 | $30.13 |
| Training and Development Specialists | $50,310 | $24.19 |
| Compliance Officer | $49,570 | $23.83 |
| Cost Estimator | $77,770 | $37.39 |
| Management Analyst | $77,990 | $37.50 |
More: Business and Financial Operations Occupations · all salaries in Cape Girardeau, MO-IL
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Cape Girardeau, MO-IL?
The median salary for loan officers in the Cape Girardeau, MO-IL metro area is $76,400 a year, or $36.73 an hour. Pay ranges from $44,030 for the lowest-paid 10% to $128,180 for the top 10%.
How much do the highest-paid loan officers make in Cape Girardeau, MO-IL?
The top 10% of loan officers in the Cape Girardeau, MO-IL metro area earn at least $128,180 a year. The top 25% earn $104,320 or more.
What is the starting pay for loan officers in Cape Girardeau, MO-IL?
Entry-level pay (the 10th percentile) is about $44,030 a year, and a quarter of loan officers earn $58,750 or less.
How many loan officers work in Cape Girardeau, MO-IL?
About 70 loan officers are employed in the Cape Girardeau, MO-IL metro area, not counting the self-employed.