Loan Officers Salary in U.S.
SOC 13-2072 · National · 2024 BLS OEWS
The median salary for a Loan Officers in U.S. is $74,180 per year as of 2024. That works out to roughly $35.66 per hour. 290,530 people work as Loan Officers in U.S.. Wages have grown 18% since 2014, when the median was $62,620.
Median Annual Salary
$74,180
Mean Annual
$86,020
Median Hourly
$35.66
Total Employed
290,530
Salary Distribution
$38k
10th
$50k
25th
$74k
Median
$102k
75th
$146k
90th
Salary by Industry
| Industry | Median Annual |
|---|---|
| Other Investment Pools and Funds | $104,720 |
| Funds, Trusts, and Other Financial Vehicles | $104,070 |
| Automobile Dealers | $103,360 |
| Educational Support Services | $103,070 |
| Motor Vehicle and Parts Dealers | $102,280 |
| Retail Trade | $101,630 |
| Rental and Leasing Services (5322, 5323, and 5324 only) | $100,730 |
| Real Estate | $95,750 |
| Real Estate and Rental and Leasing | $95,460 |
| Securities, Commodity Contracts, and Other Financial Investments and Related Activities | $92,990 |
| Other Motor Vehicle Dealers | $87,950 |
| Rental and Leasing Services | $81,470 |
| State Government, excluding Schools and Hospitals (OEWS Designation) | $81,190 |
| Federal Executive Branch (OEWS Designation) | $78,810 |
| Federal Government, including the U.S. Postal Service (OEWS Designation) | $78,810 |
| Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $78,810 |
| Federal, State, and Local Government, excluding State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $78,810 |
| Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | $77,960 |
| Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | $77,960 |
| Information | $77,960 |
| Business Support Services | $77,630 |
| Local Government, including Schools and Hospitals (OEWS Designation) | $77,370 |
| Credit Intermediation and Related Activities (5221 and 5223 only) | $75,890 |
| Management of Companies and Enterprises | $75,750 |
| Management of Companies and Enterprises | $75,750 |
| Management of Companies and Enterprises | $75,750 |
| Federal, State, and Local Government, including State and Local Government Schools and Hospitals and the U.S. Postal Service (OEWS Designation) | $75,720 |
| Management, Scientific, and Technical Consulting Services | $74,980 |
| Cross-industry, Private Ownership only | $74,100 |
| Finance and Insurance | $73,640 |
| Computer Systems Design and Related Services | $73,450 |
| Credit Intermediation and Related Activities | $73,330 |
| Insurance Agencies and Brokerages | $72,750 |
| Agencies, Brokerages, and Other Insurance Related Activities | $72,750 |
| Business, Professional, Labor, Political, and Similar Organizations | $71,910 |
| Religious, Grantmaking, Civic, Professional, and Similar Organizations | $71,880 |
| Residential Building Construction | $71,710 |
| Construction of Buildings | $71,710 |
| Construction | $70,590 |
| Other Services (except Public Administration) | $68,450 |
| Social Advocacy Organizations | $68,020 |
| Other Professional, Scientific, and Technical Services | $68,010 |
| Local Government, excluding Schools and Hospitals (OEWS Designation) | $67,650 |
| Professional, Scientific, and Technical Services | $66,970 |
| Professional, Scientific, and Technical Services | $66,970 |
| Accounting, Tax Preparation, Bookkeeping, and Payroll Services | $66,470 |
| Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers | $64,240 |
| State Government, including Schools and Hospitals (OEWS Designation) | $64,070 |
| Other Nondepository Credit Intermediation | $63,370 |
| Individual and Family Services | $63,090 |
| Heavy and Civil Engineering Construction | $62,880 |
| Land Subdivision | $62,880 |
| Nondepository Credit Intermediation | $62,310 |
| Legal Services | $61,370 |
| Social Assistance | $60,840 |
| Community Food and Housing, and Emergency and Other Relief Services | $59,930 |
| Health Care and Social Assistance | $58,770 |
| Office Administrative Services | $58,550 |
| Utilities | $58,310 |
| Electric Power Generation, Transmission and Distribution | $58,310 |
| Utilities | $58,310 |
| Temporary Help Services | $57,170 |
| Educational Services | $57,100 |
| Educational Services | $55,560 |
| Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers | $54,230 |
| Other Miscellaneous Retailers | $54,010 |
| Colleges, Universities, and Professional Schools | $53,210 |
| Technical and Trade Schools | $51,860 |
| Offices of Physicians | $49,240 |
| Ambulatory Health Care Services | $49,240 |
| Junior Colleges | $48,590 |
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $74,180 |
| 2023 | $69,990 |
| 2022 | $65,740 |
| 2021 | $63,380 |
| 2020 | $63,960 |
| 2019 | $63,270 |
| 2018 | $63,040 |
| 2017 | $64,660 |
| 2016 | $63,650 |
| 2015 | $63,430 |
| 2014 | $62,620 |
Related Business and Financial Operations Occupations Jobs in U.S.
Other occupations in the same group, sorted by salary.
| Financial Risk Specialists | $106,000 |
| Personal Financial Advisors | $102,140 |
| Financial and Investment Analysts | $101,350 |
| Management Analysts | $101,190 |
| Project Management Specialists | $100,750 |
| Agents and Business Managers of Artists, Performers, and Athletes | $96,310 |