Average Loan Officers Salary in Southern South Carolina nonmetropolitan area
The average salary for Loan Officerss in Southern South Carolina nonmetropolitan area is $63,140. While this is lower than the national average, the cost of living in Southern South Carolina nonmetropolitan area may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $63,140 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $107,240.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Southern South Carolina nonmetropolitan area economy.
Salary Overview
The average Loan Officers in Southern South Carolina nonmetropolitan area earns-26.8%below the national average.
$30.4
$1,214
$5,262
Loan Officers Salary Trends (2020-2024)
Historical trend data for Loan Officers in Southern South Carolina nonmetropolitan area is limited, but current market signals indicate a stable demand environment.
Loan Officers Salary Distribution in Southern South Carolina nonmetropolitan area
The earning potential for Loan Officerss in Southern South Carolina nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.2x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $33,900, while highly experienced professionals can command wages upwards of $107,240.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,900 | $16.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $47,355 | $22.8 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $49,520 | $23.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $78,925 | $37.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $107,240 | $51.6 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$63,140
Gross Pay
Real Wage (Purchasing Power)
$63,140
Adjusted for COL (100)
In Southern South Carolina nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $63,140 to $63,140.
Job Market Context
110
Total Jobs
1.964
Per 1K Jobs
1.04
Location Quotient
With a location quotient of 1.04, Southern South Carolina nonmetropolitan area has a slightly higher-than-average concentration of Loan Officers roles compared to the national norm.
110 people work as Loan Officers in Southern South Carolina nonmetropolitan area.
1.964 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. |
|---|---|---|
| Columbia, SC Loan Officers Salary | $76,480↑ 21% | 13 mi |
| Sumter, SC Loan Officers Salary | $61,920↓ 2% | 32 mi |
| Florence, SC Loan Officers Salary | $69,740↑ 10% | 70 mi |
| Augusta-Richmond County, GA-SC Loan Officers Salary | $69,890↑ 11% | 73 mi |
| Charleston-North Charleston, SC Loan Officers Salary | $72,370↑ 15% | 91 mi |
Comparing salaries near Southern South Carolina nonmetropolitan area
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Southern South Carolina nonmetropolitan area?
The median annual salary for a Loan Officers in Southern South Carolina nonmetropolitan area is $63,140. This typically ranges from $33,900 for entry-level positions to $107,240 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Southern South Carolina nonmetropolitan area is 26.8% lower than the national median of $86,220.
Is Southern South Carolina nonmetropolitan area a good place for Loan Officerss?
It depends on your priorities. While the average Loan Officers salary in Southern South Carolina nonmetropolitan area is $63,140 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Southern South Carolina nonmetropolitan area. See distinct detailed breakdown below.
Is Southern South Carolina nonmetropolitan area a good place to live for Loan Officers?
The Cost of Living Index in Southern South Carolina nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Southern South Carolina nonmetropolitan area?
Some top paying nearby cities include Columbia, SC ($76,480) and Sumter, SC.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Southern South Carolina nonmetropolitan area area with a job density of 1.964 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Southern South Carolina nonmetropolitan area