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Loan Officer Salary Information in North Carolina

The average annual and hourly salaries for loan officers in the state of North Carolina are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers among North Carolina 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 North Carolina

Percentile BracketAverage Annual Salary
10th Percentile Wage
$31,200
25th Percentile Wage
$44,660
50th Percentile Wage
$63,490
75th Percentile Wage
$86,890
90th Percentile Wage
$127,560

Table 1 shows the average annual salary for loan officers in North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $127,560. The median (50th percentile) annual salary is $63,490. The average annual salary for the bottom 10 percent is $31,200.

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
$63,490
1.18% 1.98%
2016
$62,740
-3.35% -
2015
$64,840
3.66% -
2014
$62,470
-1.28% -
2013
$63,270
1.64% -
2012
$62,230
- -

Table 3. Median Annual Salary of Loan Officers in North Carolina Cities

Table 3 shows the median annual salary of loan officers in some North Carolina cities and metropolitan areas. We note that the median annual salary of loan officers in state of North Carolina ranges from $46,000 to $75,340. The highest paying area for loan officers in North Carolina is Greenville with a median annual salary of $75,340. The second highest paying city/area in North Carolina State is Other North Carolina nonmetropolitan area (mean annual salary $69,180). The lowest paying area is Greensboro-High Point with a median annual salary of $46,000.

Cities/Areas Median Annual Salary
Greenville
$75,340
Other North Carolina nonmetropolitan area
$69,180
Durham-Chapel Hill
$68,360
Winston-Salem
$67,320
Burlington
$66,140
Western North Carolina nonmetropolitan area
$64,230
Raleigh-Cary
$62,490
Wilmington
$60,710
Northeastern North Carolina nonmetropolitan area
$59,070
Jacksonville
$58,920
Hickory-Lenoir-Morganton
$58,430
Fayetteville
$57,900
Rocky Mount
$57,490
Western Central North Carolina nonmetropolitan area
$56,410
Asheville
$56,310
Goldsboro
$54,770
Greensboro-High Point
$46,000




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