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Loan Officer Salary Information in Idaho

The average annual and hourly salaries for loan officers in the state of Idaho are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers amongst Idaho cities is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Loan Officers in Idaho

Percentile BracketAverage Annual Salary
10th Percentile Wage
$25,150
25th Percentile Wage
$35,210
50th Percentile Wage
$54,350
75th Percentile Wage
$79,580
90th Percentile Wage
$115,240

Table 1 shows the average annual salary for loan officers in Idaho in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $115,240. The median (50th percentile) annual salary is $54,350. The average annual salary for the bottom 10 percent is $25,150.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$12.09
25th Percentile Wage
$16.93
50th Percentile Wage
$26.13
75th Percentile Wage
$38.26
90th Percentile Wage
$55.40

Table 2 shows the average hourly salary for loan officers in Idaho in 5 percentile scales. The average hourly salary for the 90th percentile is $55.40. The median hourly salary is $26.13. The average hourly salary for the bottom 10 percent is $12.09.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of loan officers from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201654,3503.85%1.93%
201552,2607.92%-
201448,120-1.27%-
201348,730-9.38%-
201253,300--

Table 3. Median Annual Salary of Loan Officers in Idaho Cities

Table 3 shows the median annual salary of loan officers in some Idaho cities and metropolitan areas. We note that the median annual salary of loan officers in state of Idaho ranges from $39,410 to $79,200. The highest paying area for loan officers in Idaho is Southwest Idaho nonmetropolitan area with a median annual salary of $79,200. The second highest paying city/area in Idaho State is Southcentral Idaho nonmetropolitan area (mean annual salary $65,770). The lowest paying area is North Idaho nonmetropolitan area with a median annual salary of $39,410.

Cities/Areas Median Annual Salary
Southwest Idaho nonmetropolitan area
$79,200
Southcentral Idaho nonmetropolitan area
$65,770
Coeur dAlene
$61,430
Boise City-Nampa
$57,170
East Idaho nonmetropolitan area
$45,200
Idaho Falls
$44,780
Pocatello
$40,550
North Idaho nonmetropolitan area
$39,410



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