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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 among 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 2017 and published in April 2018 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$32,600
25th Percentile Wage
$46,080
50th Percentile Wage
$69,070
75th Percentile Wage
$98,390
90th Percentile Wage
$127,950

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 $127,950. The median (50th percentile) annual salary is $69,070. The average annual salary for the bottom 10 percent is $32,600.

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
$69,070
-4.29% 7.21%
2016
$72,030
-0.11% -
2015
$72,110
7.36% -
2014
$66,800
8.89% -
2013
$60,860
-5.31% -
2012
$64,090
- -

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 $39,070 to $75,350. The highest paying area for loan officers in Oregon is Coastal Oregon nonmetropolitan area with a median annual salary of $75,350. The second highest paying city/area in Oregon State is Salem (mean annual salary $68,540). The lowest paying area is Corvallis with a median annual salary of $39,070.

Cities/Areas Median Annual Salary
Coastal Oregon nonmetropolitan area
$75,350
Salem
$68,540
Eastern Oregon nonmetropolitan area
$68,240
Medford
$58,510
Southern Oregon and Linn County nonmetropolitan area
$58,070
Eugene-Springfield
$51,800
North Central Oregon nonmetropolitan area
$48,270
Bend
$40,180
Corvallis
$39,070




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