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Loan & Credit Manager Salary in Ironwood, MI
How much does a Loan & Credit Manager make in Ironwood, MI?
$103,349 (USD)/year
Average Bonus
$7,400 (USD)
per Year
Total Compensation
$109,385.79
Entry Level
$72,546
Median
$101,986
Senior Level
$117,166
As of July, 23, 2026, the average loan & credit manager gross salary in Ironwood, Michigan is $103,349 or an equivalent hourly rate of $50. In addition, loan & credit managers earn an average bonus of $7,400. An entry level loan & credit manager with 1-3 years of experience earns an average salary of $72,546. At the higher end of the pay range, a senior level loan & credit manager with 8+ years of experience earns an average salary of $117,166. Salary estimates are based on salary survey data collected directly from employers in Ironwood, Michigan.
Data powered by ERI
Salary Potential for a Loan & Credit Manager
Explore the estimated salary growth for a Loan & Credit Manager in Ironwood, MI for up to 5 years. The estimated salary of a Loan & Credit Manager will be $106,233 in 1 year and $118,596 in 5 years.
View Salary by Year
Estimated Salary
$109,197
Average Growth
5.7 %
The estimated salary for a Loan & Credit Manager in 2 years is $109,197, which is 5.7 % average growth. This information is based on ERI's compensation database.
Typical Loan & Credit Manager Education
This chart displays the highest level of education for Loan & Credit Managers.
- 0% of Loan & Credit Managers have less than a High School Diploma
- 0% of Loan & Credit Managers have a High School Diploma
- 33% of Loan & Credit Managers have an Associate's Degree
- 67% of Loan & Credit Managers have a Bachelor's Degree
- 0% of Loan & Credit Managers have a Master's Degree
- 0% of Loan & Credit Managers have a Doctorate Degree
Popular Skills for a Loan & Credit Manager
Financial record analysis
100%
Authorizes loans
100%
Contacts customers
100%
Develops plans
100%
Implements plans
100%
Interprets budget
100%
These are the most popular skills for Loan & Credit Managers. About 100% of Loan & Credit Managers have a skill in Financial record analysis. The top 3 most popular skills for Loan & Credit Managers are financial record analysis, authorizes loans, and contacts customers.
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Loan & Credit Manager Salaries in Other Locations
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View moreCost of Living in Ironwood, MI
The cost of living in Ironwood, MI is 17% lower than the national average.
17% lower
than the national average
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Frequently Asked Questions
What does a Loan & Credit Manager do?
Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment. Excludes “Financial Risk Specialists” (13-2054).
How much does a Loan & Credit Manager make in Ironwood, MI?
The average salary for a Loan & Credit Manager is $103,349 per year or $49.69 per hour in Ironwood, MI. Top earners have reported making up to $117,166. However, the typical pay range in Ironwood, MI is between $72,546 and $117,166 annually.
What is the salary trajectory for a Loan & Credit Manager?
Loan & Credit Manager is projected to see a 14.8 % salary change in 5 years.
How can you increase your salary?
Increasing your salary often starts with understanding your value in today’s job market. You can increase your earning potential by building your skills, advancing your education, moving into a new role or industry, switching companies, or negotiating pay.
How can you negotiate a salary offer?
Negotiating a salary offer involves preparation and finding our your market value. Use our salary calculator to find out how much you should be paid based on what someone in your area, with similar experience, earns. Use this personalized report to help negotiate a higher salary offer or find your dream career.
What are some factors that impact Loan & Credit Manager salaries?
Several factors can impact your salary, including experience, company size, job market, location, industry, and more. Understanding how these factors affect your role can help you spot pay gaps and provide opportunities for a competitive salary.
About Our Data
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
ERI compiles the most robust and accurate salary, cost-of-living, and executive compensation survey database available. Data are analyzed using AI and traditional statistics, depending on which approach is best for a particular application. ERI collects salary survey data from five different sources, which you can learn about here.
Verified Sources
Data sourced from internal salary surveys, purchased surveys, public sources, HRIS data, and proprietary databases.
Real-Time Data
Our salary database is updated and verified approximately every six weeks.
Quality Assurance
Along with our data scientists, we have included AI in our rigorous process to analyze and provide the highest quality data.
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