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Loan Processor salary in Chicago Metro Area, IL

Average salary
$48,000/yr
Based on 145 income tax records
$22,000
$102,500
DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

$22,000
$102,500
DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

How much do Loan Processors make?question mark icon
The average salary for a Loan Processor in Chicago Metro Area, IL is $48,000 per year. These insights are exclusive to Mint Salary and are based on 145 tax returns from TurboTax customers who reported this type of occupation. Loan Processor salaries in Chicago Metro Area, IL can vary between $22,000 to $102,500 and depend on various factors, including skills, experience, employer, bonuses, and more. Read more
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Loan Processor salary by city

Location
Average salary per year
Salary range
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Chicago, IL
36 income tax records
$47,000/yr
$33K – $53K
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Milwaukee, WI
22 income tax records
$38,500/yr
$25K – $44K
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Indianapolis, IN
11 income tax records
$37,500/yr
$30K – $55K

Loan Processor salary by company

Employer
Average salary per year
Salary range

Loan Processor demographics in Chicago Metro Area, IL

single icon
70% are single
married icon
30% are married
have kids icon
47% have kids
own a home icon
37% own a home

Loan Processor salaries by age

$0
$14,875
$29,750
$44,625
$59,500
18-25
26-35
36-45
46-55
56+
Years of age

Effective Tax Rates for Loan Processors in Chicago Metro Area, IL

145 full-time salaries from 2019
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FAQS
The average salary for a loan processor in Chicago Metro Area, IL is $48,000 per year. Loan processor salaries in Chicago Metro Area, IL can vary between $22,000 to $102,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 145 tax returns from TurboTax customers who reported their occupation as loan processor.

The following cities offer the highest salaries for loan processors near Chicago Metro Area, IL: Chicago, IL ($47,000 a year), Milwaukee, WI ($38,500 a year), and Indianapolis, IN ($37,500 a year).
*Total salary amounts here include total taxable wages, tips, prizes and other compensation. Learn more
**Total salary ranges shown here exclude outliers.