The salary statistics of loan officers in the industry sector of wholesale trade are shown in Table 1. In Table 2 we compare loan officer salaries in different industries within the wholesale trade sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $34,580 |
| 25th Percentile Wage | $44,290 |
| 50th Percentile Wage | $60,470 |
| 75th Percentile Wage | $77,810 |
| 90th Percentile Wage | $124,680 |
Table 1 shows the average annual salary for loan officers in the industry sector of wholesale trade. 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 $124,680. The median annual salary (50th percentile) is $60,470. The average annual salary for the bottom 10 percent paid loan officers is $34,580.
The table and chart below show the trend of the median salary of loan officers in the industry sector of wholesale trade from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $60,470 | 3.32% | -8.07% |
| 2017 | $58,460 | 1.08% | - |
| 2016 | $57,830 | -5.38% | - |
| 2015 | $60,940 | 7.60% | - |
| 2014 | $56,310 | -7.49% | - |
| 2013 | $60,530 | -7.96% | - |
| 2012 | $65,350 | - | - |
The average salaries of loan officers in two industries in the wholesale trade sector are shown below. For detailed loan officer salary information in a particular industry, use the links provided below.
| Industry Name | Median Annual Salary |
|---|---|
| Farm Product Raw Material Merchant Wholesalers | |
| Merchant Wholesalers, Nondurable Goods | |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].