Business & Finance North Charleston, SC Pop. 115,382

Loan Officer Salary in North Charleston, South Carolina

The median loan officer salary in North Charleston, SC is $62,453 per year, which is 5% below the national median and 6.7% above the South Carolina state average.

City Median
$62,453
vs State Avg
+$3,944
vs National
$-3,287
Cost of Living
95%

Loan Officer Salary in North Charleston by Experience

In North Charleston, an entry-level loan officer earns around $36,100, while experienced professionals earn up to $123,500 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$36,100
$-1,900 vs national
Mid Level (3-7 yrs)
$62,700
$-3,300 vs national
Senior Level (8+ yrs)
$123,500
$-6,500 vs national

Salary Percentiles in North Charleston, SC

Percentile North Charleston
10th Percentile $33,440
25th Percentile $43,130
Median (50th) $62,453
75th Percentile $95,000
90th Percentile $146,110

Loan Officer Salary in Other South Carolina Cities

How to Become a Loan Officer in North Charleston

Education

Most loan officer positions require a bachelor's degree. North Charleston and the surrounding South Carolina area have institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in North Charleston may vary based on local industry and population growth.

Find Loan Officer Jobs in North Charleston

Browse open loan officer positions in North Charleston, SC:

Frequently Asked Questions: Loan Officer Salary in North Charleston

How much does a Loan Officer make in North Charleston, SC?
The median loan officer salary in North Charleston, South Carolina is $62,453 per year, which is 5% below the national median of $65,740. Salaries range from $33,440 (10th percentile) to $146,110 (90th percentile).
How much does a Loan Officer make per hour in North Charleston?
Based on the median annual salary of $62,453, a loan officer in North Charleston earns approximately $30 per hour assuming a standard 2,080-hour work year.
How does North Charleston compare to the South Carolina state average for loan officer pay?
North Charleston's median loan officer salary of $62,453 is 6.7% above the South Carolina state average of $58,509. The local cost of living index is 95% of the national average.
What is the cost of living in North Charleston, SC?
North Charleston has a cost of living index of 95% compared to the national average. This means a loan officer salary of $62,453 in North Charleston has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in North Charleston?
Most loan officer positions in North Charleston require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.