The salary statistics of loan officers in the industry sector of management of companies and enterprises are shown in Table 1. In Table 2 we compare loan officer salaries in different industries within the management of companies and enterprises sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $36,550 |
| 25th Percentile Wage | $49,190 |
| 50th Percentile Wage | $67,230 |
| 75th Percentile Wage | $95,930 |
| 90th Percentile Wage | $137,870 |
Table 1 shows the average annual salary for loan officers in the industry sector of management of companies and enterprises. 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 $137,870. The median annual salary (50th percentile) is $67,230. The average annual salary for the bottom 10 percent paid loan officers is $36,550.
The table and chart below show the trend of the median salary of loan officers in the industry sector of management of companies and enterprises from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $67,230 | -2.25% | 0.16% |
| 2017 | $68,740 | 0.58% | - |
| 2016 | $68,340 | -0.35% | - |
| 2015 | $68,580 | -0.25% | - |
| 2014 | $68,750 | 2.33% | - |
| 2013 | $67,150 | 0.04% | - |
| 2012 | $67,120 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].