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Loan Officer Salary in Sector of Administrative and Support and Waste Management and Remediation Services

The salary statistics of loan officers in the industry sector of administrative and support and waste management and remediation services are shown in Table 1. In Table 2 we compare loan officer salaries in different industries within the administrative and support and waste management and remediation services sector.

Average Annual Salary of Loan Officers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$33,720
25th Percentile Wage
$43,990
50th Percentile Wage
$60,230
75th Percentile Wage
$83,090
90th Percentile Wage
$118,230

Table 1 shows the average annual salary for loan officers in the industry sector of administrative and support and waste management and remediation 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 $118,230. The median annual salary (50th percentile) is $60,230. The average annual salary for the bottom 10 percent paid loan officers is $33,720.

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 administrative and support and waste management and remediation services from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$60,230
-0.90% 1.53%
2016
$60,770
6.86% -
2015
$56,600
2.83% -
2014
$55,000
-4.91% -
2013
$57,700
-2.79% -
2012
$59,310
- -

Compare Loan Officer Salary in Different Industries within the Administrative and Support and Waste Management and Remediation Services Sector

The average salaries of loan officers in six industries in the administrative and support and waste management and remediation 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 telephone call centers industry with an annual salary $62,750. The lowest paying industry is the business support services industry (annual salary $57,050). For detailed loan officer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Telephone Call Centers
$62,750
Employment Services
$61,840
Administrative and Support Services
$60,230
Temporary Help Services
$59,370
Office Administrative Services
$57,090
Business Support Services
$57,050

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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