Loan Officer Salary in Sector of Construction

The salary statistics of loan officers in the industry sector of construction are shown in Table 1. In Table 2 we compare loan officer salaries in different industries within the construction sector.

Average Annual Salary of Loan Officers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$22,520
25th Percentile Wage
$37,290
50th Percentile Wage
$51,770
75th Percentile Wage
$91,980
90th Percentile Wage
$161,110

Table 1 shows the average annual salary for loan officers in the industry sector of construction. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) loan officers is $161,110. The median annual salary (50th percentile) is $51,770. The average annual salary for the bottom 10 percent paid loan officers is $22,520.

Salary Trend (2012 to 2017)

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

YearMedian SalaryYearly Growth5-Year Growth
2017
$51,770
-16.57% -14.80%
2016
$60,350
-6.41% -
2015
$64,220
9.16% -
2014
$58,340
-0.91% -
2013
$58,870
-0.95% -
2012
$59,430
- -

Compare Loan Officer Salary in Different Industries within the Construction Sector

The average salaries of loan officers in four industries in the construction sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for loan officer occupations is the heavy and civil engineering construction industry with an annual salary $66,730. The lowest paying industry is the residential building construction industry (annual salary $52,400). For detailed loan officer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Heavy and Civil Engineering Construction
$66,730
Land Subdivision
$66,730
Construction of Buildings
$52,400
Residential Building Construction
$52,400

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2017 and published in April 2018 [1].




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Highest paying industries for loan officers.