Loan Officers Salary Trend (2011–2024)
Historical salary and employment data from the U.S. Bureau of Labor Statistics.
Median Salary in 2024
$74,180
↑ 27.8% since 2011
Median Salary Over Time
Loan Officers — Median Annual Salary
Employment Over Time
Loan Officers — Total Employment
Key Insights
📈Salaries grew 27.8% since 2011 ($58,030 → $74,180)
🏆Peak year: 2024 at $74,180
🦠COVID impact: Salary remained relatively stable (+1.1%) through the 2020 pandemic year.
💰After inflation (~3%/yr), real growth is approximately -13%
Year-by-Year Salary Data
| Year | Median Salary | YoY Change |
|---|---|---|
| 2024 | $74,180 | +6.0% |
| 2023 | $69,990 | +6.5% |
| 2022 | $65,740 | +3.7% |
| 2021 | $63,380 | -0.9% |
| 2020 | $63,960 | +1.1% |
| 2019 | $63,270 | +0.4% |
| 2018 | $63,040 | -2.5% |
| 2017 | $64,660 | +1.6% |
| 2016 | $63,650 | +0.3% |
| 2015 | $63,430 | +1.3% |
| 2014 | $62,620 | +2.0% |
| 2013 | $61,420 | +2.7% |
| 2012 | $59,820 | +3.1% |
| 2011 | $58,030 | — |
Data Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), 2011–2024. All figures are annual median wages in nominal dollars.