The salary statistics and trend of loan officers in the industry of insurance agencies and brokerages 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 | $38,900 |
| 25th Percentile Wage | $54,540 |
| 50th Percentile Wage | $62,370 |
| 75th Percentile Wage | $89,830 |
| 90th Percentile Wage | $137,600 |
Table 1 shows the average annual salaries for loan officers in the industry of insurance agencies and brokerages. 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 $137,600. The median annual salary (50th percentile) is $62,370. The average annual salary for the bottom 10 percent loan officers is $38,900.
The table and chart below show the trend of the median salary of loan officers in the industry of Insurance Agencies and Brokerages from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $62,370 | 4.25% | -12.39% |
| 2016 | $59,720 | -2.46% | - |
| 2015 | $61,190 | -15.18% | - |
| 2014 | $70,480 | 0.60% | - |
| 2013 | $70,060 | -0.06% | - |
| 2012 | $70,100 | - | - |
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.