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Loan Officer Salary in Sector of Professional, Scientific, and Technical Services

The salary statistics of loan officers in the industry sector of professional, scientific, and technical services are shown in Table 1. In Table 2 we compare loan officer salaries in different industries within the professional, scientific, and technical services sector.

Average Annual Salary of Loan Officers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$36,920
25th Percentile Wage
$47,340
50th Percentile Wage
$65,910
75th Percentile Wage
$94,950
90th Percentile Wage
$140,310

Table 1 shows the average annual salary for loan officers in the industry sector of professional, scientific, and technical services. 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 $140,310. The median annual salary (50th percentile) is $65,910. The average annual salary for the bottom 10 percent paid loan officers is $36,920.

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 professional, scientific, and technical services from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$65,910
1.41% 29.28%
2016
$64,980
2.63% -
2015
$63,270
8.93% -
2014
$57,620
3.40% -
2013
$55,660
16.26% -
2012
$46,610
- -

Compare Loan Officer Salary in Different Industries within the Professional, Scientific, and Technical Services Sector

The average salaries of loan officers in seven industries in the professional, scientific, and technical services 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 accounting, tax preparation, bookkeeping, and payroll services industry with an annual salary $81,730. The lowest paying industry is the legal services industry (annual salary $52,300). For detailed loan officer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Accounting, Tax Preparation, Bookkeeping, and Payroll Services
$81,730
Management, Scientific, and Technical Consulting Services
$71,420
Computer Systems Design and Related Services
$69,410
Other Professional, Scientific, and Technical Services
$69,170
Architectural, Engineering, and Related Services
$67,120
Professional, Scientific, and Technical Services
$65,910
Legal Services
$52,300

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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