Loan Officers Salary in South Carolina
SOC 13-2072 · South Carolina · BLS OEWS May 2024
The median salary for Loan Officers in South Carolina is $61,693 per year ($29.66/hr). This is 16.8% lower than the national median of $74,173. The middle 50% earn between $45,573 and $81,453 annually. Top earners at the 90th percentile reach $125,861.
Wage Percentiles: South Carolina
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $17.26 | $35,901 | -6.8% |
| P25 | $21.91 | $45,573 | -9.7% |
| P50MEDIAN | $29.66 | $61,693 | -16.8% |
| P75 | $39.16 | $81,453 | -20.1% |
| P90 | $60.51 | $125,861 | -13.7% |
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 South Carolina?
The median (P50) annual salary for Loan Officers in South Carolina is approximately $61,693, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 16.8% lower than the national median of $74,173.
What is the salary range for entry-level loan officers in South Carolina?
Entry-level Loan Officers (10th percentile) in South Carolina earn approximately $35,901 per year. The 25th percentile is $45,573. Top earners (90th percentile) reach $125,861.
How does South Carolina compare to the national average for loan officers?
South Carolina pays 16.8% lower than the national average. The national P50 is $74,173 vs $61,693 in South Carolina. Based on BLS national data adjusted for regional cost factors.
Loan Officers Salary by Location
Other Roles in South Carolina
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