The salary statistics of loan officers in the industry sector of health care and social assistance are shown in Table 1. In Table 2 we compare loan officer salaries in different industries within the health care and social assistance sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $34,510 |
| 25th Percentile Wage | $40,830 |
| 50th Percentile Wage | $48,840 |
| 75th Percentile Wage | $61,370 |
| 90th Percentile Wage | $76,230 |
Table 1 shows the average annual salary for loan officers in the industry sector of health care and social assistance. 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 $76,230. The median annual salary (50th percentile) is $48,840. The average annual salary for the bottom 10 percent paid loan officers is $34,510.
The table and chart below show the trend of the median salary of loan officers in the industry sector of health care and social assistance from 2012 to 2018.
| Year | Median Salary | Yearly Growth | 6-Year Growth |
|---|---|---|---|
| 2018 | $48,840 | -1.11% | -7.00% |
| 2017 | $49,380 | 0.41% | - |
| 2016 | $49,180 | 5.16% | - |
| 2015 | $46,640 | 4.57% | - |
| 2014 | $44,510 | -11.37% | - |
| 2013 | $49,570 | -5.43% | - |
| 2012 | $52,260 | - | - |
Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2018 and published in April 2019 [1].