National Salary Info » Loan Officers

Highest Paying Industries for Loan Officers

The top 79 highest paying industries for loan officers (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment in those industries are also shown. As shown in the table, with an average annual salary of $91,880, activities related to real estate is the highest paying industry for loan officers. It is followed by securities and commodity contracts intermediation and brokerage industry (average annual salary $88,590). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics in May 2015 [1]. For more information about salaries of loan officers in a specific industry, use the links in the table.

Table 1. 79 Highest Paying Industries for Loan Officers

Industry Average Salary i # of
Empl. i
1 Activities Related to Real Estate
$91,880
1,080
2 Securities and Commodity Contracts Intermediation and Brokerage
$88,590
2,370
3 Securities, Commodity Contracts, and Other Financial Investments and Related Activities
$85,080
5,090
4 Automobile Dealers
$83,380
11,060
5 Motor Vehicle and Parts Dealers
$82,860
11,430
6 Retail Trade
$82,860
11,430
7 Rental and Leasing Services
$81,180
50
8 Other Financial Investment Activities
$81,070
2,730
9 Lessors of Real Estate
$75,850
70
10 Real Estate and Rental and Leasing
$74,650
2,160
11 Real Estate
$74,490
2,110
12 Federal government, including USPS
$74,130
3,620
13 Federal Executive Branch (OES Designation)
$74,130
3,620
14 Federal, State, and Local Government (OES Designation)
$73,430
4,260
15 Federal, State, and Local Government
$73,430
4,260
16 Public sector -- Federal, state, and local government, including government owned schools and hospit
$72,330
4,410
17 Accounting, Tax Preparation, Bookkeeping, and Payroll Services
$72,120
850
18 Other Motor Vehicle Dealers
$71,800
370
19 Grantmaking and Giving Services
$70,540
130
20 Insurance Agencies and Brokerages
$70,480
950
21 Agencies, Brokerages, and Other Insurance Related Activities
$69,910
980
22 Management of Companies and Enterprises
$68,750
15,630
23 Land Subdivision
$67,940
60
24 Heavy and Civil Engineering Construction
$67,940
60
25 Individual and Family Services
$67,760
n/a
26 Architectural, Engineering, and Related Services
$67,120
30
27 Data Processing, Hosting, and Related Services
$66,270
770
28 Information
$66,070
770
29 Local Government, excluding schools and hospitals (OES Designation)
$64,680
390
30 Business, Professional, Labor, Political, and Similar Organizations
$63,770
n/a
31 Activities Related to Credit Intermediation
$63,640
31,310
32 Local government, including schools and hospitals
$63,370
420
33 Offices of Real Estate Agents and Brokers
$62,320
n/a
34 Religious, Grantmaking, Civic, Professional, and Similar Organizations
$62,110
370
35 Depository Credit Intermediation
$61,780
131,080
36 Finance and Insurance
$61,390
259,820
37 Credit Intermediation and Related Activities
$61,100
250,520
38 Employment Services
$60,820
1,030
39 Insurance Carriers and Related Activities
$59,360
4,150
40 Other Services (except Federal, State, and Local Government)
$59,190
410
41 Nondepository Credit Intermediation
$59,170
88,130
42 Other Nondepository Credit Intermediation
$58,810
78,160
43 Construction
$58,340
190
44 Direct Insurance (except Life, Health, and Medical) Carriers
$58,030
3,020
45 Insurance Carriers
$57,820
3,170
46 Professional, Scientific, and Technical Services
$57,620
2,750
47 Residential Building Construction
$56,870
130
48 Construction of Buildings
$56,870
130
49 Wholesale Trade
$56,310
90
50 Administrative and Support Services
$55,000
2,150
51 Administrative and Support and Waste Management and Remediation Services
$55,000
2,150
52 Junior colleges - Local government owned
$54,890
30
53 State Government, excluding schools and hospitals (OES Designation)
$53,880
250
54 Educational Services - Local government owned
$53,820
40
55 Legal Services
$53,630
1,310
56 Merchant Wholesalers, Durable Goods
$53,070
70
57 Office Administrative Services
$52,830
160
58 State government, including schools and hospitals
$52,490
360
59 Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers
$51,600
n/a
60 Scheduled Air Transportation
$51,020
280
61 Air Transportation
$51,020
280
62 Transportation and Warehousing
$51,020
280
63 Educational Services - Privately owned
$50,790
290
64 Educational Services
$50,670
450
65 Business Support Services
$50,540
950
66 Junior Colleges (including private, state, and local government schools)
$50,430
50
67 Colleges, universities, and professional schools - State government owned
$50,280
100
68 Educational Services - State government owned
$49,830
120
69 Colleges, Universities, and Professional Schools
$49,780
330
70 Colleges, universities, and professional schools - Privately owned
$49,540
230
71 Other Insurance Related Activities
$49,300
40
72 Computer Systems Design and Related Services
$48,910
190
73 Social Advocacy Organizations
$48,330
80
74 Social Assistance
$46,910
n/a
75 Management, Scientific, and Technical Consulting Services
$45,990
320
76 Health Care and Social Assistance
$44,510
180
77 Telephone Call Centers
$44,190
580
78 Community Food and Housing, and Emergency and Other Relief Services
$44,010
90
79 Other Professional, Scientific, and Technical Services
$41,610
30
See also: Highest paying cities for loan officers.