Engineers, All Other vs Loan Officers: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Engineers, All Other professionals earn $43,570 more per year than Loan Officers professionals — that's 58.7% higher. At the 90th percentile, Engineers, All Other earns $183,510 compared to $145,780 for Loan Officers.
Salary Range Comparison
Engineers, All Other$62,840 – $183,510
Loan Officers$38,490 – $145,780
$38,490$183,510
Detailed Salary Comparison
| Percentile | Engineers, All Other | Loan Officers | Difference |
|---|---|---|---|
| 10th Percentile | $62,840 | $38,490 | +$24,350 |
| 25th Percentile | $85,750 | $50,460 | +$35,290 |
| Median (50th) | $117,750 | $74,180 | +$43,570 |
| 75th Percentile | $152,670 | $101,920 | +$50,750 |
| 90th Percentile | $183,510 | $145,780 | +$37,730 |
| Mean (Average) | $121,720 | $86,020 | +$35,700 |
Employment Numbers
Engineers, All Other
150,750
employed nationwide
Loan Officers
290,530
employed nationwide
Top Paying Cities
Best Cities for Engineers, All Other
| City | Median |
|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $162,610 |
| San Jose-Sunnyvale-Santa Clara, CA | $157,770 |
| San Francisco-Oakland-Berkeley, CA | $156,140 |
| Boston-Cambridge-Nashua, MA-NH | $132,840 |
| Houston-The Woodlands-Sugar Land, TX | $131,250 |
Best Cities for Loan Officers
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $102,540 |
| Boston-Cambridge-Nashua, MA-NH | $94,850 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $94,840 |
| San Francisco-Oakland-Berkeley, CA | $94,110 |
| Minneapolis-St. Paul-Bloomington, MN-WI | $91,900 |
Frequently Asked Questions
Who earns more: Engineers, All Other or Loan Officers?
Engineers, All Other professionals earn more, with a median salary difference of $43,570 (58.7% higher) as of 2024 BLS data.
What is the salary range for Engineers, All Other?
Engineers, All Other salaries range from $62,840 (10th percentile) to $183,510 (90th percentile), with a median of $117,750.
What is the salary range for Loan Officers?
Loan Officers salaries range from $38,490 (10th percentile) to $145,780 (90th percentile), with a median of $74,180.
How many Engineers, All Other and Loan Officers jobs are there?
There are approximately 150,750 Engineers, All Other positions and 290,530 Loan Officers positions nationwide according to 2024 BLS data.
Is it worth switching from Loan Officers to Engineers, All Other?
Career decisions depend on many factors beyond salary. Engineers, All Other has a median salary of $117,750 while Loan Officers earns $74,180. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS