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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 among 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 2017 and published in April 2018 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$29,300
25th Percentile Wage
$38,280
50th Percentile Wage
$55,320
75th Percentile Wage
$81,810
90th Percentile Wage
$117,850

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 $117,850. The median (50th percentile) annual salary is $55,320. The average annual salary for the bottom 10 percent is $29,300.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of loan officers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$55,320
1.75% 3.65%
2016
$54,350
3.85% -
2015
$52,260
7.92% -
2014
$48,120
-1.27% -
2013
$48,730
-9.38% -
2012
$53,300
- -

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 $40,020 to $75,790. The highest paying area for loan officers in Idaho is Southwest Idaho nonmetropolitan area with a median annual salary of $75,790. The second highest paying city/area in Idaho State is Boise City-Nampa (mean annual salary $63,420). The lowest paying area is North Idaho nonmetropolitan area with a median annual salary of $40,020.

Cities/Areas Median Annual Salary
Southwest Idaho nonmetropolitan area
$75,790
Boise City-Nampa
$63,420
Southcentral Idaho nonmetropolitan area
$61,600
Coeur dAlene
$51,420
East Idaho nonmetropolitan area
$51,250
Idaho Falls
$43,140
Pocatello
$42,890
North Idaho nonmetropolitan area
$40,020




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