National » Loan Officers » York-Hanover

Loan Officer Salary Information in York-Hanover, Pennsylvania

The annual and hourly salary statistics of loan officers in York-Hanover, Pennsylvania are shown in Table 1 and Table 2, respectively. The wage data of loan officers in York-Hanover is 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 & Table 2. Annual & Hourly Salaries of Loan Officers in York-Hanover, Pennsylvania

Percentile BracketAverage Annual Salary
10th Percentile Wage
$37,500
25th Percentile Wage
$47,520
50th Percentile Wage
$60,510
75th Percentile Wage
$77,480
90th Percentile Wage
$143,600

Table 1 shows the average annual salary for loan officers in York-Hanover, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $143,600. The median (50th percentile) annual salary is $60,510. The average annual salary for the bottom 10 percent earners is $37,500.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$18.03
25th Percentile Wage
$22.85
50th Percentile Wage
$29.09
75th Percentile Wage
$37.25
90th Percentile Wage
$69.04

Table 2 shows the average hourly salary for loan officers in York-Hanover, Pennsylvania. The average hourly salary for the 90th percentile is $69.04. The median hourly salary is $29.09. The average hourly salary for the bottom 10 percent is $18.03.

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
201660,5105.37%7.45%
201557,260-11.47%-
201463,83014.27%-
201354,720-2.34%-
201256,000--

Table 3. Compare Loan Officer Salary in York-Hanover with Other Pennsylvania Cities

From Table 3 we note that the median annual salary of $60,510 in York-Hanover is in the middle of salary range for loan officers in state of Pennsylvania. In comparison, the annual salary of loan officers in York-Hanover is 20.2 percent (20.2%) lower than that in the highest paying Newark-Union and 27.8 percent (27.8%) higher than that in the lowest paying Youngstown-Warren-Boardman.

Cities/Areas Median Annual Salary
Newark-Union
$75,830
Philadelphia
$73,530
Philadelphia-Camden-Wilmington
$69,590
State College
$66,850
Reading
$62,860
Lancaster
$61,800
West Central Pennsylvania nonmetropolitan area
$60,890
York-Hanover
$60,510
Allentown-Bethlehem-Easton
$59,850
East Central Pennsylvania nonmetropolitan area
$56,520
Pittsburgh
$56,450
Williamsport
$55,800
Far Western Pennsylvania nonmetropolitan area
$55,110
Altoona
$53,280
Scranton--Wilkes-Barre
$50,150
Northeastern Pennsylvania nonmetropolitan area
$50,110
Johnstown
$50,020
Erie
$47,430
Lebanon
$47,380
Harrisburg-Carlisle
$46,460
Youngstown-Warren-Boardman
$43,710

See also: Top paying jobs in York-Hanover, Pennsylvania.