The salary statistics and trend of loan officers in the industry of other motor vehicle dealers are shown in the following tables and chart. In Table 3 we compare loan officer salaries in different industries within the retail trade sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $32,410 |
| 25th Percentile Wage | $40,020 |
| 50th Percentile Wage | $66,160 |
| 75th Percentile Wage | $100,600 |
| 90th Percentile Wage | $154,010 |
Table 1 shows the average annual salaries for loan officers in the industry of other motor vehicle dealers. 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 $154,010. The median annual salary (50th percentile) is $66,160. The average annual salary for the bottom 10 percent loan officers is $32,410.
The table and chart below show the trend of the median salary of loan officers in the industry of Other Motor Vehicle Dealers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $66,160 | -2.33% | 3.49% |
| 2016 | $67,700 | -6.82% | - |
| 2015 | $72,320 | 0.72% | - |
| 2014 | $71,800 | 6.23% | - |
| 2013 | $67,330 | 5.17% | - |
| 2012 | $63,850 | - | - |
The average salaries of loan officers in three industries within the retail trade sector are shown in Table 3. For salary information of loan officers in a specific industry, use the links in the table.
| Industry | Median Annual Salary |
|---|---|
| Automobile Dealers | |
| Motor Vehicle and Parts Dealers | |
| Other Motor Vehicle Dealers | |
Back to: Salary of loan officers in the industry sector of retail trade.