The salary statistics of loan officers in the industry sector of construction are shown in Table 1. In Table 2 we compare loan officer salaries in different industries within the construction sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $24,570 |
| 25th Percentile Wage | $43,050 |
| 50th Percentile Wage | $58,660 |
| 75th Percentile Wage | $81,210 |
| 90th Percentile Wage | $140,800 |
Table 1 shows the average annual salary for loan officers in the industry sector of construction. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) loan officers is $140,800. The median annual salary (50th percentile) is $58,660. The average annual salary for the bottom 10 percent paid loan officers is $24,570.
The table and chart below show the trend of the median salary of loan officers in the industry sector of construction from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $58,660 | 11.75% | -1.31% |
| 2017 | $51,770 | -16.57% | - |
| 2016 | $60,350 | -6.41% | - |
| 2015 | $64,220 | 9.16% | - |
| 2014 | $58,340 | -0.91% | - |
| 2013 | $58,870 | -0.95% | - |
| 2012 | $59,430 | - | - |
The average salaries of loan officers in two industries in the construction sector are shown below. For detailed loan officer salary information in a particular industry, use the links provided below.
| Industry Name | Median Annual Salary |
|---|---|
| Heavy and Civil Engineering Construction | |
| Land Subdivision | |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].