National » Loan Officers » Puerto Rico

Loan Officer Salary Information in Puerto Rico

The average annual and hourly salaries for loan officers in the state of Puerto Rico are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers among Puerto Rico 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 2016 and published in April 2017 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$20,490
25th Percentile Wage
$23,090
50th Percentile Wage
$28,200
75th Percentile Wage
$38,560
90th Percentile Wage
$60,220

Table 1 shows the average annual salary for loan officers in Puerto Rico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $60,220. The median (50th percentile) annual salary is $28,200. The average annual salary for the bottom 10 percent is $20,490.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$9.85
25th Percentile Wage
$11.10
50th Percentile Wage
$13.56
75th Percentile Wage
$18.54
90th Percentile Wage
$28.95

Table 2 shows the average hourly salary for loan officers in Puerto Rico in 5 percentile scales. The average hourly salary for the 90th percentile is $28.95. The median hourly salary is $13.56. The average hourly salary for the bottom 10 percent is $9.85.

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
201628,200-1.28%-3.09%
201528,560-6.65%-
201430,4603.32%-
201329,4501.29%-
201229,070--

Table 3. Median Annual Salary of Loan Officers in Puerto Rico Cities

Table 3 shows the median annual salary of loan officers in some Puerto Rico cities and metropolitan areas. We note that the median annual salary of loan officers in state of Puerto Rico ranges from $24,860 to $36,620. The highest paying area for loan officers in Puerto Rico is Ponce with a median annual salary of $36,620. The second highest paying city/area in Puerto Rico State is San Juan-Caguas-Guaynabo (mean annual salary $28,110). The lowest paying area is San German-Cabo Rojo with a median annual salary of $24,860.

Cities/Areas Median Annual Salary
Ponce
$36,620
San Juan-Caguas-Guaynabo
$28,110
Aguadilla-Isabela-San Sebastian
$27,280
San German-Cabo Rojo
$24,860


Related:

Highest paying cities for loan officers

Highest paying industries for loan officers.