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Loan Officer Salary Information in Nevada

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$32,140
25th Percentile Wage
$45,470
50th Percentile Wage
$63,650
75th Percentile Wage
$100,650
90th Percentile Wage
$190,140

Table 1 shows the average annual salary for loan officers in Nevada in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $190,140. The median (50th percentile) annual salary is $63,650. The average annual salary for the bottom 10 percent is $32,140.

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
$63,650
-1.78% 12.62%
2016
$64,780
15.00% -
2015
$55,060
-3.98% -
2014
$57,250
4.51% -
2013
$54,670
-1.74% -
2012
$55,620
- -

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

Table 3 shows the median annual salary of loan officers in some Nevada cities and metropolitan areas. We note that the median annual salary of loan officers in state of Nevada ranges from $47,600 to $79,470. The highest paying area for loan officers in Nevada is Carson City with a median annual salary of $79,470. The second highest paying city/area in Nevada State is Las Vegas-Paradise (mean annual salary $63,960). The lowest paying area is Western Central Nevada nonmetropolitan area with a median annual salary of $47,600.

Cities/Areas Median Annual Salary
Carson City
$79,470
Las Vegas-Paradise
$63,960
Reno-Sparks
$63,050
Other Nevada nonmetropolitan area
$53,080
Western Central Nevada nonmetropolitan area
$47,600




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