Loan Officers Salary in Sumter, SC

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

Median annual salary $56,980 -23.2% vs national
Median hourly $27.39
10th percentile $40,050
90th percentile $83,690
Employed locally 40
National median $74,180

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Loan Officers
in
Sumter, SC
vs

    Salary percentile breakdown

    10th
    $40,050
    25th
    $43,460
    50th (median)
    $56,980
    75th
    $65,250
    90th
    $83,690

    Sumter economic context

    Unemployment rate 5.20% 2024 annual avg • BLS LAUS
    Median household income $55,990 2023 • Census ACS
    Loan Officers salary vs area income 102% Median Loan Officers salary is 2% above 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 Sumter, SC

    OccupationMedian salary
    Business Operations Specialists, All Other $85,580
    Human Resources Specialists $66,070
    Accountants and Auditors $72,550
    Management Analysts $94,040
    Project Management Specialists $86,300
    Buyers and Purchasing Agents $76,990

    Frequently asked questions

    How much do Loan Officers make per hour in Sumter?

    The median hourly wage for Loan Officers in Sumter, SC is $27.39, based on BLS OEWS 2025 data. Top earners (90th percentile) make $40.24 or more per hour.

    Is Sumter above or below average for Loan Officers salaries?

    The median Loan Officers salary in Sumter, SC is 23.2% 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 Sumter?

    Entry-level Loan Officers (10th percentile) earn around $40,050 per year in Sumter, SC. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $43,460.