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Loan Officer Salary in Sector of Health Care and Social Assistance

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

Average Annual Salary of Loan Officers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$36,440
25th Percentile Wage
$42,320
50th Percentile Wage
$49,180
75th Percentile Wage
$61,100
90th Percentile Wage
$79,800

Table 1 shows the average annual salary for loan officers in the industry sector of health care and social assistance. 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 $79,800. The median annual salary (50th percentile) is $49,180. The average annual salary for the bottom 10 percent paid loan officers is $36,440.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of loan officers in the industry sector of health care and social assistance from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201649,1805.16%-6.26%
201546,6404.57%-
201444,510-11.37%-
201349,570-5.43%-
201252,260--

Compare Loan Officer Salary in Different Industries within the Health Care and Social Assistance Sector

The average salaries of loan officers in three industries in the health care and social assistance 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 individual and family services industry with an annual salary $67,760. The lowest paying industry is the social assistance industry (annual salary $51,560). For detailed loan officer salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Individual and Family Services
$67,760
Community Food and Housing, and Emergency and Other Relief Services
$52,520
Social Assistance
$51,560

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].




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