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Loan Officer Salary Information in Oregon

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$34,520
25th Percentile Wage
$47,530
50th Percentile Wage
$72,030
75th Percentile Wage
$97,470
90th Percentile Wage
$126,930

Table 1 shows the average annual salary for loan officers in Oregon in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,930. The median (50th percentile) annual salary is $72,030. The average annual salary for the bottom 10 percent is $34,520.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$16.60
25th Percentile Wage
$22.85
50th Percentile Wage
$34.63
75th Percentile Wage
$46.86
90th Percentile Wage
$61.02

Table 2 shows the average hourly salary for loan officers in Oregon in 5 percentile scales. The average hourly salary for the 90th percentile is $61.02. The median hourly salary is $34.63. The average hourly salary for the bottom 10 percent is $16.60.

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
201672,030-0.11%11.02%
201572,1107.36%-
201466,8008.89%-
201360,860-5.31%-
201264,090--

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

Table 3 shows the median annual salary of loan officers in some Oregon cities and metropolitan areas. We note that the median annual salary of loan officers in state of Oregon ranges from $47,630 to $78,590. The highest paying area for loan officers in Oregon is Coastal Oregon nonmetropolitan area with a median annual salary of $78,590. The second highest paying city/area in Oregon State is Salem (mean annual salary $71,800). The lowest paying area is North Central Oregon nonmetropolitan area with a median annual salary of $47,630.

Cities/Areas Median Annual Salary
Coastal Oregon nonmetropolitan area
$78,590
Salem
$71,800
Corvallis
$65,330
Southern Oregon and Linn County nonmetropolitan area
$61,260
Bend
$56,700
Eugene-Springfield
$52,990
Medford
$51,070
Eastern Oregon nonmetropolitan area
$50,600
North Central Oregon nonmetropolitan area
$47,630



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