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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 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 Puerto Rico

Percentile BracketAverage Annual Salary
10th Percentile Wage
$19,310
25th Percentile Wage
$22,450
50th Percentile Wage
$27,780
75th Percentile Wage
$40,300
90th Percentile Wage
$62,370

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 $62,370. The median (50th percentile) annual salary is $27,780. The average annual salary for the bottom 10 percent is $19,310.

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
$27,780
-1.51% -4.64%
2016
$28,200
-1.28% -
2015
$28,560
-6.65% -
2014
$30,460
3.32% -
2013
$29,450
1.29% -
2012
$29,070
- -

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 $46,140. The highest paying area for loan officers in Puerto Rico is Ponce with a median annual salary of $46,140. The second highest paying city/area in Puerto Rico State is San Juan-Caguas-Guaynabo (mean annual salary $27,560). The lowest paying area is San German-Cabo Rojo with a median annual salary of $24,860.

Cities/Areas Median Annual Salary
Ponce
$46,140
San Juan-Caguas-Guaynabo
$27,560
Aguadilla-Isabela-San Sebastian
$26,340
San German-Cabo Rojo
$24,860




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