Credit Counselors and Loan Officer Salary in Sector of Wholesale Trade

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

Average Annual Salary of Credit Counselors and Loan Officers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$32,970
25th Percentile Wage
$41,840
50th Percentile Wage
$57,930
75th Percentile Wage
$75,240
90th Percentile Wage
$109,820

Table 1 shows the average annual salary for credit counselors and loan officers in the industry sector of wholesale trade. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) credit counselors and loan officers is $109,820. The median annual salary (50th percentile) is $57,930. The average annual salary for the bottom 10 percent paid credit counselors and loan officers is $32,970.

Salary Trend (2012 to 2017)

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

YearMedian SalaryYearly Growth5-Year Growth
2017
$57,930
0.17% -3.23%
2016
$57,830
-2.25% -
2015
$59,130
7.07% -
2014
$54,950
-2.49% -
2013
$56,320
-6.18% -
2012
$59,800
- -

Compare Credit Counselors and Loan Officer Salary in Different Industries within the Wholesale Trade Sector

The average salaries of credit counselors and loan officers in five industries in the wholesale trade sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for credit counselors and loan officer occupations is the farm product raw material merchant wholesalers industry with an annual salary $64,020. The lowest paying industry is the merchant wholesalers, nondurable goods industry (annual salary $50,740). For detailed credit counselors and loan officer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Farm Product Raw Material Merchant Wholesalers
$64,020
Merchant Wholesalers, Durable Goods
$60,210
Merchant Wholesalers, Durable Goods
$59,450
Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers
$58,990
Merchant Wholesalers, Nondurable Goods
$50,740

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




Related:

Highest paying industries for credit counselors and loan officers.