Loan Processor salary in Indianapolis Metro Area, IN

Average salary
$46,500/yr
Based on 60 income tax records
Total salary range: is $34,000 - $64,000
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DATA PROVIDED BY turbotax icon

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

From consenting TurboTax customers

greyed out histogram
Not enough histogram data
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?
The average total salary for a Loan Processor is $46,500 per year. This is based on data from 60 TurboTax users who reported their job as Loan Processor and includes taxable wages, tips, bonuses, and more. Loan Processor salary can vary between $23,000 to $134,000 depending on factors including education, skills, experience, employer & location. Read more
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Loan Processor salary by location

Location
Average salary per year*
Salary range**
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Louisville, KY
21 income tax records
$54,500/yr
$40K – $76K
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Cincinnati, OH
26 income tax records
$46,000/yr
$40K – $56K
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Grand Rapids, MI
16 income tax records
$45,000/yr
$37K – $54K
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Chicago, IL
54 income tax records
$44,000/yr
$33K – $55K
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Fort Wayne, IN
12 income tax records
$43,500/yr
$35K – $65K
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Indianapolis, IN
21 income tax records
$39,000/yr
$31K – $57K
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Owensboro, KY
13 income tax records
$39,000/yr
$32K – $49K
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Columbus, OH
21 income tax records
$35,500/yr
$34K – $46K
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Dayton, OH
10 income tax records
$28,000/yr
$24K – $38K

Loan Processor salary by company

Employer
Average salary per year*
Salary range**

Loan Processor demographics in Indianapolis Metro Area, IN

single icon
59% are single
married icon
41% are married
have kids icon
48% have kids
own a home icon
58% own a home

Loan Processor salaries by age in Indianapolis Metro Area, IN

$0
$15,500
$31,000
$46,500
$62,000
18-25
26-35
36-45
46-55
56+
Years of age

Effective Tax Rates for Loan Processors in Indianapolis Metro Area, IN

60 full-time salaries from 2019
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FAQS
The average salary for a loan processor in Indianapolis Metro Area, IN is $46,500 per year. Loan processor salaries in Indianapolis Metro Area, IN can vary between $23,000 to $134,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 60 tax returns from TurboTax customers who reported their occupation as loan processor.

The following cities offer the highest salaries for loan processors near Indianapolis Metro Area, IN: Louisville, KY ($54,500 a year), Cincinnati, OH ($46,000 a year), and Grand Rapids, MI ($45,000 a year).
*
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
**
Total salary ranges shown here exclude outliers.