Average Loan Officers Salary in Hilton Head Island-Bluffton-Port Royal, SC
The average salary for Loan Officerss in Hilton Head Island-Bluffton-Port Royal, SC is $67,470. While this is lower than the national average, the cost of living in Hilton Head Island-Bluffton-Port Royal, SC may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $67,470 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $103,800.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 120 professionals. This role remains a specialized component of the broader Hilton Head Island-Bluffton-Port Royal, SC economy.
Salary Overview
The average Loan Officers in Hilton Head Island-Bluffton-Port Royal, SC earns-21.7%below the national average.
$32.4
$1,298
$5,623
Loan Officers Salary Trends (2020-2024)
Historical trend data for Loan Officers in Hilton Head Island-Bluffton-Port Royal, SC is limited, but current market signals indicate a stable demand environment.
Loan Officers Salary Distribution in Hilton Head Island-Bluffton-Port Royal, SC
The earning potential for Loan Officerss in Hilton Head Island-Bluffton-Port Royal, SC varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $36,140, while highly experienced professionals can command wages upwards of $103,800.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $36,140 | $17.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $50,603 | $24.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $60,620 | $29.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $84,338 | $40.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $103,800 | $49.9 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$67,470
Gross Pay
Real Wage (Purchasing Power)
$67,470
Adjusted for COL (100)
In Hilton Head Island-Bluffton-Port Royal, SC, the Cost of Living Index is 100. This increases your effective purchasing power from $67,470 to $67,470.
Job Market Context
120
Total Jobs
1.414
Per 1K Jobs
0.75
Location Quotient
Hilton Head Island-Bluffton-Port Royal, SC has 0.75x the national average concentration of Loan Officers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
120 people work as Loan Officers in Hilton Head Island-Bluffton-Port Royal, SC.
1.414 out of every 1,000 local jobs are Loan Officers positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Loan Officers
| City | Salary | Dist. |
|---|---|---|
| Savannah, GA Loan Officers Salary | $80,460↑ 19% | 28 mi |
| Charleston-North Charleston, SC Loan Officers Salary | $72,370↑ 7% | 63 mi |
| Brunswick-St. Simons, GA Loan Officers Salary | $91,790↑ 36% | 84 mi |
Comparing salaries near Hilton Head Island-Bluffton-Port Royal, SC
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Hilton Head Island-Bluffton-Port Royal, SC?
The median annual salary for a Loan Officers in Hilton Head Island-Bluffton-Port Royal, SC is $67,470. This typically ranges from $36,140 for entry-level positions to $103,800 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Hilton Head Island-Bluffton-Port Royal, SC is 21.7% lower than the national median of $86,220.
Is Hilton Head Island-Bluffton-Port Royal, SC a good place for Loan Officerss?
It depends on your priorities. While the average Loan Officers salary in Hilton Head Island-Bluffton-Port Royal, SC is $67,470 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Hilton Head Island-Bluffton-Port Royal, SC. See distinct detailed breakdown below.
Is Hilton Head Island-Bluffton-Port Royal, SC a good place to live for Loan Officers?
The Cost of Living Index in Hilton Head Island-Bluffton-Port Royal, SC is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Hilton Head Island-Bluffton-Port Royal, SC?
Some top paying nearby cities include Savannah, GA ($80,460) and Charleston-North Charleston, SC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 120 employees in the Hilton Head Island-Bluffton-Port Royal, SC area with a job density of 1.414 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Loan Officers Salaries by State
Top Jobs in Hilton Head Island-Bluffton-Port Royal, SC
- All Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Food Preparation and Serving Related Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Office and Administrative Support Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Sales and Related Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Transportation and Material Moving Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Healthcare Practitioners and Technical Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Building and Grounds Cleaning and Maintenance Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Management Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Healthcare Support Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Construction and Extraction Occupations Salary in Hilton Head Island-Bluffton-Port Royal, SC
- Browse All Jobs in Hilton Head Island-Bluffton-Port Royal, SC →
Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Hilton Head Island-Bluffton-Port Royal, SC