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Loan Officers in South Carolina

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Loan Officers in South Carolina

Considering a career as a Loan Officer in South Carolina?

15.4% Jobs Projection
$60,250 Median Salary
440 Job Openings

You’re in luck! Jobs for Loan Officers in South Carolina are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Loan Officers in South Carolina is growing faster than average.

  • Loan Officers in South Carolina earn higher salaries than the typical U.S. wage earner.

How Many Loan Officers Work in South Carolina?

In South Carolina, there were 3,770 people working as Loan Officers in the year 2018.

There were 3,930 Loan Officers employed in this state in 2017.

That’s a decline of 160 jobs between 2017 and 2018.

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The typical state has 4,250 Loan Officers working in it, which means South Carolina has fewer Loan Officers than average.

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Job Projections for South Carolina

Jobs for Loan Officers in this state are growing at a rate of 15.4% which is faster than the nationwide estimated projection of 11.4%.

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South Carolina Annual Job Openings

The BLS estimates 440 annual job openings, and a total of 5,020 jobs for South Carolina Loan Officers in 2026.

Nationwide, the prediction is 30,400 annual jobs and 354,900 total jobs in 2026.

What do Loan Officers Make in South Carolina?

In 2018 wages for Loan Officers ranged from $32,120 to $121,810 with $60,250 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $15.44 to $58.56. The median hourly rate was $28.96.

Workers in this field were paid a median of $27.92 an hour in 2017.

The hourly rate grew by $1.04.

The median salary in South Carolina is higher than the nationwide median salary.

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Top South Carolina Metros for Loan Officers

The table below shows some of the metros in this state with the most Loan Officers.

Metro Number Employed Annual Median Salary
Charlotte-Concord-Gastonia, NC-SC 5,520 $66,830
Greenville-Anderson-Mauldin, SC 1,000 $60,620
Columbia, SC 730 $53,000
Charleston-North Charleston, SC 470 $64,200
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 320 $49,990
Augusta-Richmond County, GA-SC 280 $53,950
Spartanburg, SC 270 $59,110
Hilton Head Island-Bluffton-Beaufort, SC 170 $60,300
Florence, SC 130 $53,350

Top States for Loan Officers Employment

The table below shows the states where most Loan Officers work.

State Number Employed Annual Median Salary
California 37,030 $61,310
Texas 19,950 $68,710
Florida 18,000 $67,760
North Carolina 13,910 $62,360
New York 12,890 $78,520
Illinois 12,330 $66,570
Ohio 11,520 $64,770
Virginia 10,140 $63,860
Pennsylvania 10,010 $59,340
Arizona 8,970 $54,400
Georgia 7,790 $54,690
Minnesota 7,740 $72,030
Missouri 7,130 $68,010
Wisconsin 7,090 $62,850
Washington 6,940 $60,540
New Jersey 6,670 $73,180
Massachusetts 5,780 $70,090
Tennessee 5,440 $54,490
Kentucky 5,300 $60,400
Utah 5,220 $45,470

Below are the states where Loan Officers get paid the most:

State Annual Median Salary
New York $78,520
New Hampshire $76,430
Nebraska $75,800
Connecticut $74,990
District of Columbia $74,840
New Jersey $73,180
Minnesota $72,030
Kansas $71,550
Massachusetts $70,090
Texas $68,710

Discover similar careers:

Occupation SC Employment Total

References

More about our data sources and methodologies.

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