Loan Officers Salary in Puerto Rico
SOC 13-2072 · Puerto Rico · BLS OEWS May 2024
The median salary for Loan Officers in Puerto Rico is $35,402 per year ($17.02/hr). This is 52.3% lower than the national median of $74,173. The middle 50% earn between $30,098 and $43,243 annually. Top earners at the 90th percentile reach $68,245.
Wage Percentiles: Puerto Rico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $13.78 | $28,662 | -25.6% |
| P25 | $14.47 | $30,098 | -40.4% |
| P50MEDIAN | $17.02 | $35,402 | -52.3% |
| P75 | $20.79 | $43,243 | -57.6% |
| P90 | $32.81 | $68,245 | -53.2% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median loan officers salary in Puerto Rico?
The median (P50) annual salary for Loan Officers in Puerto Rico is approximately $35,402, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 52.3% lower than the national median of $74,173.
What is the salary range for entry-level loan officers in Puerto Rico?
Entry-level Loan Officers (10th percentile) in Puerto Rico earn approximately $28,662 per year. The 25th percentile is $30,098. Top earners (90th percentile) reach $68,245.
How does Puerto Rico compare to the national average for loan officers?
Puerto Rico pays 52.3% lower than the national average. The national P50 is $74,173 vs $35,402 in Puerto Rico. Based on BLS national data adjusted for regional cost factors.
Loan Officers Salary by Location
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