The salary statistics and trend of loan officers in the industry of motor vehicle and parts dealers are shown in the following tables and chart. In Table 3 we compare loan officer salaries in different industries within the retail trade sector.
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $40,140 |
| 25th Percentile Wage | $56,920 |
| 50th Percentile Wage | $83,490 |
| 75th Percentile Wage | $124,280 |
| 90th Percentile Wage | $170,770 |
Table 1 shows the average annual salaries for loan officers in the industry of motor vehicle and parts dealers. 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 $170,770. The median annual salary (50th percentile) is $83,490. The average annual salary for the bottom 10 percent loan officers is $40,140.
The table and chart below show the trend of the median salary of loan officers in the industry of Motor Vehicle and Parts Dealers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $83,490 | -1.14% | 3.80% |
| 2016 | $84,440 | -1.23% | - |
| 2015 | $85,480 | 3.07% | - |
| 2014 | $82,860 | 1.65% | - |
| 2013 | $81,490 | 1.44% | - |
| 2012 | $80,320 | - | - |
The average salaries of loan officers in three industries within the retail trade sector are shown in Table 3. For salary information of loan officers in a specific industry, use the links in the table.
| Industry | Median Annual Salary |
|---|---|
| Automobile Dealers | |
| Motor Vehicle and Parts Dealers | |
| Other Motor Vehicle Dealers | |
Back to: Salary of loan officers in the industry sector of retail trade.