Loan Officer Salary in Sector of Wholesale Trade

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

Average Annual Salary of Loan Officers

Percentile BracketAverage Annual Salary
10th Percentile Wage
25th Percentile Wage
50th Percentile Wage
75th Percentile Wage
90th Percentile Wage

Table 1 shows the average annual salary for 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) loan officers is $115,010. The median annual salary (50th percentile) is $58,460. The average annual salary for the bottom 10 percent paid loan officers is $33,370.

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 wholesale trade from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
1.08% -11.79%
-5.38% -
7.60% -
-7.49% -
-7.96% -
- -

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

The average salaries of 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 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 $50,040). For detailed loan officer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Farm Product Raw Material Merchant Wholesalers
Merchant Wholesalers, Durable Goods
Merchant Wholesalers, Durable Goods
Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers
Merchant Wholesalers, Nondurable Goods

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


Highest paying cities for loan officers

Highest paying industries for loan officers.