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Loan Officer Salary Information in Delaware

The average annual and hourly salaries for loan officers in the state of Delaware are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers among Delaware areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Loan Officers in Delaware

Percentile BracketAverage Annual Salary
10th Percentile Wage
$34,480
25th Percentile Wage
$45,680
50th Percentile Wage
$65,380
75th Percentile Wage
$82,810
90th Percentile Wage
$144,670

Table 1 shows the average annual salary for loan officers in Delaware in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $144,670. The median (50th percentile) annual salary is $65,380. The average annual salary for the bottom 10 percent is $34,480.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of loan officers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$65,380
-0.61% 15.11%
2016
$65,780
-5.09% -
2015
$69,130
12.93% -
2014
$60,190
0.37% -
2013
$59,970
7.45% -
2012
$55,500
- -

Table 3. Median Annual Salary of Loan Officers in Delaware Cities

Table 3 shows the median annual salary of loan officers in some Delaware cities and metropolitan areas. We note that the median annual salary of loan officers in state of Delaware ranges from $70,280 to $75,490. The highest paying area for loan officers in Delaware is Dover with a median annual salary of $75,490. The lowest paying area is Sussex County with a median annual salary of $70,280.

Cities/Areas Median Annual Salary
Dover
$75,490
Sussex County
$70,280




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