The salary statistics and trend of loan officers in the industry of credit intermediation and related activities are shown in the following tables and chart. In Table 3 we compare loan officer salaries in different industries within the finance and insurance sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $31,820 |
| 25th Percentile Wage | $44,580 |
| 50th Percentile Wage | $63,420 |
| 75th Percentile Wage | $92,640 |
| 90th Percentile Wage | $132,800 |
Table 1 shows the average annual salaries for loan officers in the industry of credit intermediation and related activities. 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 $132,800. The median annual salary (50th percentile) is $63,420. The average annual salary for the bottom 10 percent loan officers is $31,820.
The table and chart below show the trend of the median salary of loan officers in the industry of Credit Intermediation and Related Activities from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $63,420 | 1.86% | 7.66% |
| 2016 | $62,240 | 0.51% | - |
| 2015 | $61,920 | 1.32% | - |
| 2014 | $61,100 | 1.69% | - |
| 2013 | $60,070 | 2.51% | - |
| 2012 | $58,560 | - | - |
The average salaries of loan officers in 19 industries within the finance and insurance sector are shown in Table 3. For salary information of loan officers in a specific industry, use the links in the table.
Back to: Salary of loan officers in the industry sector of finance and insurance.