Loan Officers Pay Range in South Carolina
Pay distribution across experience levels
- 10th Percentile — Entry Level$37,080
- 25th Percentile — Junior$47,170
- 50th Percentile — Median$63,220
- 75th Percentile — Senior$91,750
- 90th Percentile — Top Earners$142,260
Half of Loan Officers in South Carolina earn more than $63,220. The top 10% make $142,260 or more, while entry-level workers start around $37,080.
Loan Officers in South Carolina: Key Facts
Source: BLS OEWS May 2025
- South Carolina ranks 41st of 51 states for Loan Officers pay, at $77,890 per year (11.3% below the U.S. average of $87,790).
- 4,140 people work as Loan Officers in South Carolina — 1.5% of all U.S. Loan Officers jobs.
- Location quotient 1.02: Loan Officers jobs are more concentrated in South Carolina than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $37,080; the top 10% earn over $142,260.
- Hourly equivalent: $37.45 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in South Carolina, Personal Financial Advisors pays the most ($132,810).
Loan Officers Job Market in South Carolina
Key factors affecting compensation
South Carolina's key industries are Automotive, Tourism, Manufacturing, and its job market is rated strong. Loan Officers here earn $77,890 on average, placing the state 41st nationally.
With a cost-of-living index of 0.88 (U.S. = 1.00), a South Carolina salary of $77,890 is roughly equivalent to $88,511 at the national average cost of living.
Compared with nearby states in the pay ranking, Florida ($81,320), Pennsylvania ($80,450), Texas ($79,410) are the closest alternatives for Loan Officers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in South Carolina
Related career salary benchmarks
- Personal Financial Advisors $132,810/yr South Carolina +70.5% vs this role
- Management Analysts $112,690/yr South Carolina +44.7% vs this role
- Financial and Investment Analysts $105,330/yr South Carolina +35.2% vs this role
- Financial Examiners $103,520/yr South Carolina +32.9% vs this role
- Project Management Specialists $101,350/yr South Carolina +30.1% vs this role
- Business Operations Specialists All Other $92,500/yr South Carolina +18.8% vs this role
- Budget Analysts $90,850/yr South Carolina +16.6% vs this role
- Credit Analysts $85,540/yr South Carolina +9.8% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in South Carolina?
The average Loan Officers salary in South Carolina is $77,890 per year (median $63,220), which is 11.3% below the national average of $87,790.
How does South Carolina rank for Loan Officers pay?
South Carolina ranks 41st out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in South Carolina?
The lowest-paid 10% of Loan Officers in South Carolina earn about $37,080 per year and the 25th percentile is $47,170.
How much do Loan Officers make per hour in South Carolina?
About $37.45 per hour, based on the $77,890 annual average and 2,080 working hours per year.
How many Loan Officers work in South Carolina?
BLS counts 4,140 Loan Officers jobs in South Carolina (OEWS May 2025).
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