The salary statistics of loan officers in the industry sector of information are shown in Table 1. In Table 2 we compare loan officer salaries in different industries within the information sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $40,940 |
| 25th Percentile Wage | $53,230 |
| 50th Percentile Wage | $71,670 |
| 75th Percentile Wage | $102,930 |
| 90th Percentile Wage | $139,040 |
Table 1 shows the average annual salary for loan officers in the industry sector of information. 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 $139,040. The median annual salary (50th percentile) is $71,670. The average annual salary for the bottom 10 percent paid loan officers is $40,940.
The table and chart below show the trend of the median salary of loan officers in the industry sector of information from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $71,670 | 8.32% | 10.02% |
| 2017 | $65,710 | -12.45% | - |
| 2016 | $73,890 | 8.70% | - |
| 2015 | $67,460 | 2.06% | - |
| 2014 | $66,070 | 13.09% | - |
| 2013 | $57,420 | -12.31% | - |
| 2012 | $64,490 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].