Loan Officers in South Carolina
Considering a career as a Loan Officer in South Carolina?
You’re in luck! Jobs for Loan Officers in South Carolina are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Loan Officers in South Carolina is growing faster than average.
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Loan Officers in South Carolina earn higher salaries than the typical U.S. wage earner.
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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.
The typical state has 4,250 Loan Officers working in it, which means South Carolina has fewer Loan Officers than average.
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%.
South Carolina Annual Job Openings
The BLS estimates there will be 440 annual job openings, and 5,020 total jobs in 2026 for Loan Officers in this state.
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.
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 |
Related Careers in SC
Discover similar careers:
| Occupation | SC Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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