The salary statistics of loan officers in the industry sector of professional, scientific, and technical services are shown in Table 1. In Table 2 we compare loan officer salaries in different industries within the professional, scientific, and technical services sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $34,080 |
| 25th Percentile Wage | $44,880 |
| 50th Percentile Wage | $61,420 |
| 75th Percentile Wage | $89,690 |
| 90th Percentile Wage | $130,850 |
Table 1 shows the average annual salary for loan officers in the industry sector of professional, scientific, and technical services. 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 $130,850. The median annual salary (50th percentile) is $61,420. The average annual salary for the bottom 10 percent paid loan officers is $34,080.
The table and chart below show the trend of the median salary of loan officers in the industry sector of professional, scientific, and technical services from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $61,420 | -7.31% | 24.11% |
| 2017 | $65,910 | 1.41% | - |
| 2016 | $64,980 | 2.63% | - |
| 2015 | $63,270 | 8.93% | - |
| 2014 | $57,620 | 3.40% | - |
| 2013 | $55,660 | 16.26% | - |
| 2012 | $46,610 | - | - |
The average salaries of loan officers in two industries in the professional, scientific, and technical services sector are shown below. For detailed loan officer salary information in a particular industry, use the links provided below.
| Industry Name | Median Annual Salary |
|---|---|
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services | |
| Architectural, Engineering, and Related Services | |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].