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Loan Officer Salary Information in Northeastern Pennsylvania nonmetropolitan area, Pennsylvania

The annual and hourly salary statistics of loan officers in Northeastern Pennsylvania nonmetropolitan area, Pennsylvania are shown in Table 1 and Table 2, respectively. The wage data of loan officers in Northeastern Pennsylvania nonmetropolitan area is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2014 and published in May 2015 [1].

Table 1 & Table 2. Annual & Hourly Salaries of Loan Officers in Northeastern Pennsylvania nonmetropolitan area, Pennsylvania

Percentile BracketAverage Annual Salary
90th Percentile Wage
$120,820
75th Percentile Wage
$101,670
50th Percentile Wage
$70,820
25th Percentile Wage
$54,280
10th Percentile Wage
$41,990

Table 1 shows the average annual salary for loan officers in Northeastern Pennsylvania nonmetropolitan area, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $120,820. The median (50th percentile) annual salary is $70,820. The average annual salary for the bottom 10 percent earners is $41,990.

Percentile BracketAverage Hourly Salary
90th Percentile Wage
$58.09
75th Percentile Wage
$48.88
50th Percentile Wage
$34.04
25th Percentile Wage
$26.10
10th Percentile Wage
$20.19

Table 2 shows the average hourly salary for loan officers in Northeastern Pennsylvania nonmetropolitan area, Pennsylvania. The average hourly salary for the 90th percentile is $58.09. The median hourly salary is $34.04. The average hourly salary for the bottom 10 percent is $20.19.

Table 3. Compare Loan Officer Salary in Northeastern Pennsylvania nonmetropolitan area with Other Pennsylvania Cities

From Table 3 we note that with a median annual salary of $70,820, Northeastern Pennsylvania nonmetropolitan area is the second highest paying city for loan officers in state of Pennsylvania, following the highest paying city Lancaster (median annual salary of $78,960). Compared with Lancaster, the median annual salary of loan officers in Northeastern Pennsylvania nonmetropolitan area is 10.3 percent (10.3%) lower.

Cities/Areas Median Annual Salary
Lancaster
$78,960
Northeastern Pennsylvania nonmetropolitan area
$70,820
Newark-Union
$69,350
Philadelphia
$66,930
Philadelphia-Camden-Wilmington
$64,600
York-Hanover
$63,830
Far Western Pennsylvania nonmetropolitan area
$62,240
Allentown-Bethlehem-Easton
$61,620
State College
$60,230
Scranton--Wilkes-Barre
$59,110
East Central Pennsylvania nonmetropolitan area
$56,520
Williamsport
$56,380
Reading
$55,670
Harrisburg-Carlisle
$55,410
Lebanon
$52,890
Youngstown-Warren-Boardman
$52,090
Pittsburgh
$51,880
West Central Pennsylvania nonmetropolitan area
$47,010
Erie
$45,350
Altoona
$44,990

Table 4. Comparison of Loan Officer Salary in Northeastern Pennsylvania nonmetropolitan area, Pennsylvania, and the Nation

From Table 4, note that the median annual salary of loan officers in Northeastern Pennsylvania nonmetropolitan area is higher than that of both state of Pennsylvania and the United States. Specifically, the median salary of loan officers in Northeastern Pennsylvania nonmetropolitan area ($70,820) is 15.4 percent (15.4%) higher than that in Pennsylvania ($59,900) and 11.6 percent (11.6%) higher than that in the United States ($62,620).

Region Median annual Salary
Northeastern Pennsylvania nonmetropolitan area
$70,820
USA
$62,620
Pennsylvania
$59,900

Loan Officer Salary by State

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See also: Top paying jobs in Northeastern Pennsylvania nonmetropolitan area, Pennsylvania.