The salary statistics and trend of loan officers in the industry of local 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 | $33,490 |
| 25th Percentile Wage | $43,930 |
| 50th Percentile Wage | $60,070 |
| 75th Percentile Wage | $76,030 |
| 90th Percentile Wage | $95,600 |
Table 1 shows the average annual salaries for loan officers in the industry of local 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 $95,600. The median annual salary (50th percentile) is $60,070. The average annual salary for the bottom 10 percent loan officers is $33,490.
The table and chart below show the trend of the median salary of loan officers in the industry of Local government, including schools and hospitals from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $60,070 | 2.10% | 2.96% |
| 2016 | $58,810 | -3.01% | - |
| 2015 | $60,580 | -4.61% | - |
| 2014 | $63,370 | 5.38% | - |
| 2013 | $59,960 | 2.79% | - |
| 2012 | $58,290 | - | - |
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.