The salary statistics and trend of loan officers in the industry of state government, including schools and hospitals are shown in the following tables and chart. In Table 3 we compare loan officer salaries in different industries within the federal, state, and local government sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $35,240 |
| 25th Percentile Wage | $46,020 |
| 50th Percentile Wage | $60,630 |
| 75th Percentile Wage | $74,160 |
| 90th Percentile Wage | $86,410 |
Table 1 shows the average annual salaries for loan officers in the industry of state government, including schools and hospitals. 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 $86,410. The median annual salary (50th percentile) is $60,630. The average annual salary for the bottom 10 percent loan officers is $35,240.
The table and chart below show the trend of the median salary of loan officers in the industry of State government, including schools and hospitals from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $60,630 | -1.22% | 21.61% |
| 2016 | $61,370 | 9.60% | - |
| 2015 | $55,480 | 5.39% | - |
| 2014 | $52,490 | 6.73% | - |
| 2013 | $48,960 | 2.92% | - |
| 2012 | $47,530 | - | - |
The average salaries of loan officers in eight industries within the federal, state, and local government 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 federal, state, and local government.