The salary statistics and trend of loan officers in the industry of other nondepository credit intermediation 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 | $27,940 |
| 25th Percentile Wage | $41,290 |
| 50th Percentile Wage | $61,560 |
| 75th Percentile Wage | $90,970 |
| 90th Percentile Wage | $137,820 |
Table 1 shows the average annual salaries for loan officers in the industry of other nondepository credit intermediation. 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 $137,820. The median annual salary (50th percentile) is $61,560. The average annual salary for the bottom 10 percent loan officers is $27,940.
The table and chart below show the trend of the median salary of loan officers in the industry of Other Nondepository Credit Intermediation from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $61,560 | 1.85% | 8.07% |
| 2016 | $60,420 | -0.18% | - |
| 2015 | $60,530 | 2.84% | - |
| 2014 | $58,810 | 1.12% | - |
| 2013 | $58,150 | 2.68% | - |
| 2012 | $56,590 | - | - |
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.