The salary statistics and trend of loan officers in the industry of insurance carriers 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 | $35,820 |
| 25th Percentile Wage | $48,330 |
| 50th Percentile Wage | $63,480 |
| 75th Percentile Wage | $89,290 |
| 90th Percentile Wage | $129,500 |
Table 1 shows the average annual salaries for loan officers in the industry of insurance carriers 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 $129,500. The median annual salary (50th percentile) is $63,480. The average annual salary for the bottom 10 percent loan officers is $35,820.
The table and chart below show the trend of the median salary of loan officers in the industry of Insurance Carriers and Related Activities from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $63,480 | 5.69% | 3.88% |
| 2016 | $59,870 | 2.74% | - |
| 2015 | $58,230 | -1.94% | - |
| 2014 | $59,360 | -4.13% | - |
| 2013 | $61,810 | 1.28% | - |
| 2012 | $61,020 | - | - |
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.