BLS OEWS May 2025
Commercial Lender / Relationship Manager salary, Chicago-Naperville-Elgin, IL-IN
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For a Commercial Lender / Relationship Manager pay comparison in Chicago-Naperville-Elgin, IL-IN, BLS reports a median annual wage of $80,040 for Loan Officers (SOC 13-2072, May 2025). This is the mapped occupation's benchmark, not a separate title-specific survey. That is $3,350 (4.4%) above the U.S. median of $76,690.
Broader occupation
BLS reports Commercial Lender / Relationship Manager within a broader occupation. It does not publish separate wages for this exact title, credentials, seniority or industry. Compare the listed SOC duties with your actual role before using this range.
| Percentile | Wage | What it means |
|---|---|---|
| 10th | $40,710 | 10% of workers in this occupation and area earned less than this. |
| 25th | $60,430 | 25% earned less than this. |
| Median | $80,040 | Half earned less and half earned more. |
| 75th | $105,210 | 75% earned less than this. |
| 90th | $143,160 | 90% earned less than this. |
| Mean | $91,650 | Average wage across all workers. |
| Percentile | Wage | What it means |
|---|---|---|
| 10th | $39,430 | 10% of workers in this occupation and area earned less than this. |
| 25th | $52,730 | 25% earned less than this. |
| Median | $76,690 | Half earned less and half earned more. |
| 75th | $104,080 | 75% earned less than this. |
| 90th | $153,180 | 90% earned less than this. |
| Mean | $87,790 | Average wage across all workers. |
What BLS wages include and exclude
Wages for the OEWS survey are straight-time, gross pay, exclusive of premium pay. Base rate; cost-of-living allowances; guaranteed pay; hazardous-duty pay; incentive pay, including commissions and production bonuses; and tips are included. Excluded are overtime pay, severance pay, shift differentials, nonproduction bonuses, employer cost for supplementary benefits, and tuition reimbursements.
- Employment, area
- 7,380
- Location quotient
- 0.93
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, released 2026-05-15. SOC 13-2072 Loan Officers, Chicago-Naperville-Elgin, IL-IN, IL. BLS source tables and downloads; release notes. Select this SOC and area in the source files; the tables index is not an exact-row link.
What changed since May 2024
| Release | Median |
|---|---|
| BLS OEWS May 2024 | $77,270 |
| BLS OEWS May 2025 | $80,040 |
The published medians differ by $2,770. Sources: U.S. Bureau of Labor Statistics, OEWS May 2024 and May 2025. This is not an annualized growth claim. Area definitions and the workers represented can change.
What belongs in the pay comparison
OEWS includes straight-time gross wages, guaranteed pay, commissions and production bonuses. It excludes overtime, shift differentials, nonproduction bonuses and employer-paid benefits. It is neither pure base salary nor total compensation. For a lending or advisory seat, this is not a base-salary-only figure. Commission and production pay can already be in the BLS wage. Separate the base, the production formula and any guaranteed draw in your offer so you do not add the same pay twice. Equity and ownership distributions are not a cash wage range for the seat.
Recruiter's read
Qualitative view from our desk. Not BLS data.
For Commercial Lender / Relationship Manager, discuss the work behind these requirements: Portable relationships and deposits; formal credit training; C&I structuring. Ask what the person completed themselves and what a manager or specialist reviewed. A system name on a resume does not establish depth in that workflow. The BLS figure describes the listed occupation, not a separately measured rate for this exact opening.
Common questions
Which median is used when comparing pay for Commercial Lender / Relationship Manager?
$80,040 is the annual median for Loan Officers (SOC 13-2072) in Chicago-Naperville-Elgin, IL-IN, IL, based on BLS May 2025. It is an occupation benchmark, not a separate compensation survey for this hiring title.
What does the middle half of workers earn?
The 25th percentile is $60,430 and the 75th percentile is $105,210 in Chicago-Naperville-Elgin, IL-IN, IL. That is where the middle half of workers in this occupation fall.
How many people work in this occupation?
BLS estimates 7,380 workers in Loan Officers in Chicago-Naperville-Elgin, IL-IN, IL.
What does the upper percentile show?
The 90th percentile for Loan Officers is $143,160. 10% of workers in this occupation and area earned more.
Does BLS publish this exact title?
BLS reports Commercial Lender / Relationship Manager within a broader occupation. It does not publish separate wages for this exact title, credentials, seniority or industry. Compare the listed SOC duties with your actual role before using this range.
Related areas and roles
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Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN, from BLS data.
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BLS OEWS May 2025, released 2026-05-15. These are published occupation estimates, not a quote for an exact niche title. Tool calculations use BLS values or your inputs, not predictions.
Reading this page's BLS evidence
What do the released numbers measure?
For Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN, use the May 2025 Loan Officers occupation benchmark (SOC 13-2072): a annual median of $80,040. This is a broader occupation, not a separately measured wage for the hiring title. BLS reports 7,380 jobs for the occupation here. Employment is not a count of available candidates.
How much room is inside the published band?
The middle half of Loan Officers wages in Chicago-Naperville-Elgin, IL-IN runs from $60,430 at P25 to $105,210 at P75, a width of $44,780. The distance from P25 to the median is $19,610; from the median to P75 it is $25,170. The upper part is wider. Compare an offer against those published points, but do not assign an exact percentile between them or label them junior, senior and manager pay.
How does this estimate compare with the national figure?
The Loan Officers median in Chicago-Naperville-Elgin, IL-IN is $3,350 above the national occupation median of $76,690. Both rows use the same SOC, release and annual basis, not a local title survey paired with a national occupation total. The location quotient is 0.93. It measures employment concentration, not the cause of a wage gap or a cost-of-living adjustment.
Which other metro estimates can you compare?
For comparison with Chicago-Naperville-Elgin, IL-IN, the two nearest published metropolitan internal points are Kankakee, IL ($62,570 annual median for Loan Officers); Niles, MI ($64,250 annual median for Loan Officers). Only metros with a published median for this SOC qualify, so suppression can change the comparison set. Geography uses Census Gazetteer internal points where available, not commuting time or a claim about recruiting reach.
What can the industry rows tell you?
Among the loaded national industry rows for Loan Officers, the highest numeric annual medians are Automotive Equipment Rental and Leasing (NAICS 532100), $128,300; Other Investment Pools and Funds (NAICS 525900), $110,980. This ranking excludes suppressed and top-coded medians and covers only the industries loaded for this brand. There is no industry-by-Chicago-Naperville-Elgin, IL-IN wage cut in this dataset. These figures cannot establish a local industry premium.
What changed in the published median?
For Loan Officers in Chicago-Naperville-Elgin, IL-IN, the median was $77,270 in 2024-05 and $80,040 in 2025-05. The difference is $2,770 upward. This subtracts two published estimates; it is not a growth forecast or a same-worker raise. The SOC and area codes match, but the surveyed employment mix can change.
What belongs outside the wage budget?
The Loan Officers benchmark is neither pure base salary nor total compensation. Guaranteed pay, commissions and production bonuses are included in OEWS, so adding all commission again would double-count pay already covered. Overtime, shift differentials, nonproduction bonuses and employer benefits are excluded. Budget those separately where relevant; this Chicago-Naperville-Elgin, IL-IN row provides no amounts for them, equity or relocation.
Questions about this estimate
Which occupation benchmark applies to Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN?
$80,040 is the May 2025 annual median for Loan Officers, SOC 13-2072, in Chicago-Naperville-Elgin, IL-IN. A broader mapping does not establish a separate salary survey for this hiring title.
How wide is the published offer band for Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN?
For Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN, P75 minus P25 is $44,780. The Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN endpoints are $60,430 and $105,210, not experience-level labels or an interpolated candidate percentile.
Can the industry figures be treated as Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN's local rates?
The loaded Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN industry rows describe national Loan Officers wages. The Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN rows are not an industry-by-Chicago-Naperville-Elgin, IL-IN breakdown, so no local industry premium is calculated.
What changed between releases for Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN?
The Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN annual medians were $77,270 in 2024-05 and $80,040 in 2025-05. The Commercial Lender / Relationship Manager in Chicago-Naperville-Elgin, IL-IN difference is $2,770; this is not a forecast or a same-worker raise.