Loan Officers Salary in Spartanburg, SC

BLS Occupational Employment & Wage Statistics • May 2025 • Spartanburg, SC

Median annual salary $57,710 -22.2% vs national
Median hourly $27.75
10th percentile $37,020
90th percentile $149,760
Employed locally 170
National median $74,180

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Loan Officers
in
Spartanburg, SC
vs

    Salary percentile breakdown

    10th
    $37,020
    25th
    $44,520
    50th (median)
    $57,710
    75th
    $95,640
    90th
    $149,760

    Spartanburg economic context

    Unemployment rate 4.30% 2024 annual avg • BLS LAUS
    Median household income $62,440 2023 • Census ACS
    Loan Officers salary vs area income 92% Median Loan Officers salary is 8% below the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    San Francisco-Oakland-Fremont, CA $94,110
    Charlotte-Concord-Gastonia, NC-SC $81,160
    Albany-Schenectady-Troy, NY $79,620
    Wisconsin $79,230
    South Central Wisconsin nonmetropolitan area $77,630
    Northeastern Wisconsin nonmetropolitan area $77,040

    Related occupations in Spartanburg, SC

    OccupationMedian salary
    Accountants and Auditors$74,650
    Human Resources Specialists$65,210
    Project Management Specialists$94,550
    Logisticians$81,470
    Market Research Analysts and Marketing Specialists$69,010
    Training and Development Specialists$64,740

    Frequently asked questions

    How much do Loan Officers make per hour in Spartanburg?

    The median hourly wage for Loan Officers in Spartanburg, SC is $27.75, based on BLS OEWS 2025 data. Top earners (90th percentile) make $61.44 or more per hour.

    Is Spartanburg above or below average for Loan Officers salaries?

    The median Loan Officers salary in Spartanburg, SC is 22.2% below the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Spartanburg?

    Entry-level Loan Officers (10th percentile) earn around $37,020 per year in Spartanburg, SC. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $44,520.