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Loan Officer Salary Information in Vermont

The average annual and hourly salaries for loan officers in the state of Vermont are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers among Vermont 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 2017 and published in April 2018 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$34,480
25th Percentile Wage
$41,510
50th Percentile Wage
$56,880
75th Percentile Wage
$87,300
90th Percentile Wage
$117,970

Table 1 shows the average annual salary for loan officers in Vermont in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $117,970. The median (50th percentile) annual salary is $56,880. The average annual salary for the bottom 10 percent is $34,480.

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
$56,880
-2.53% -4.92%
2016
$58,320
-3.58% -
2015
$60,410
-10.10% -
2014
$66,510
7.58% -
2013
$61,470
2.91% -
2012
$59,680
- -

Table 3. Median Annual Salary of Loan Officers in Vermont Cities

Table 3 shows the median annual salary of loan officers in some Vermont cities and metropolitan areas. We note that the median annual salary of loan officers in state of Vermont ranges from $48,650 to $72,170. The highest paying area for loan officers in Vermont is Northern Vermont nonmetropolitan area with a median annual salary of $72,170. The second highest paying city/area in Vermont State is Burlington-South Burlington (mean annual salary $64,980). The lowest paying area is Southern Vermont nonmetropolitan area with a median annual salary of $48,650.

Cities/Areas Median Annual Salary
Northern Vermont nonmetropolitan area
$72,170
Burlington-South Burlington
$64,980
Southern Vermont nonmetropolitan area
$48,650




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