Loan Officer salary in Florence, SC
Loan Officers in the Florence, SC metro area earn a median of $60,670 a year ($29.17 an hour), based on BLS data for 130 workers.
Pay ranges from $32,020 for the lowest-paid 10% to $132,080 for the top 10%. That is 21% lower than the national median of $76,690. Pay here is 4% lower than the South Carolina statewide median of $63,220. There are 1.4 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $76,060, above the median because a few high earners pull it up.
Pay range for loan officers in Florence, SC
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $32,020 | $15.39 |
| 25th percentile | $42,900 | $20.62 |
| Median | $60,670 | $29.17 |
| 75th percentile | $80,660 | $38.78 |
| 90th percentile (top earners) | $132,080 | $63.50 |
| Average (mean) | $76,060 | $36.57 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,055.83 |
| Semi-monthly (24 a year) | $2,527.92 |
| Biweekly (26 a year) | $2,333.46 |
| Weekly | $1,166.73 |
| Hourly | $29.17 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC | $78,200 | 4,080 |
| Charleston-North Charleston, SC | $65,580 | 700 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | $65,170 | 240 |
| Columbia, SC | $64,660 | 570 |
| Greenville-Anderson-Greer, SC | $61,990 | 790 |
| Hilton Head Island-Bluffton-Port Royal, SC | $61,920 | 130 |
| Spartanburg, SC | $61,430 | 140 |
| Augusta-Richmond County, GA-SC | $59,660 | 270 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the South Carolina statewide figures.
Related jobs in Florence, SC
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $72,040 | $34.63 |
| Financial and Investment Analysts | $100,410 | $48.27 |
| Financial Specialists, All Other | $62,540 | $30.07 |
| Tax Preparer | $63,600 | $30.58 |
| Personal Financial Advisor | $98,230 | $47.23 |
| Credit Analyst | $95,590 | $45.96 |
| Property Appraisers and Assessors | $58,560 | $28.15 |
| Human Resources Specialist | $61,300 | $29.47 |
| Project Management Specialist | $87,400 | $42.02 |
| Market Research Analysts and Marketing Specialists | $59,280 | $28.50 |
| Training and Development Specialists | $63,000 | $30.29 |
| Management Analyst | $86,620 | $41.64 |
| Buyers and Purchasing Agents | $69,180 | $33.26 |
| Logistician | $75,240 | $36.18 |
More: Business and Financial Operations Occupations · all salaries in Florence, SC
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Florence, SC?
The median salary for loan officers in the Florence, SC metro area is $60,670 a year, or $29.17 an hour. Pay ranges from $32,020 for the lowest-paid 10% to $132,080 for the top 10%.
How much do the highest-paid loan officers make in Florence, SC?
The top 10% of loan officers in the Florence, SC metro area earn at least $132,080 a year. The top 25% earn $80,660 or more.
What is the starting pay for loan officers in Florence, SC?
Entry-level pay (the 10th percentile) is about $32,020 a year, and a quarter of loan officers earn $42,900 or less.
How many loan officers work in Florence, SC?
About 130 loan officers are employed in the Florence, SC metro area, not counting the self-employed.