Construction Managers vs Loan Officers: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Construction Managers professionals earn $32,800 more per year than Loan Officers professionals — that's 44.2% higher. At the 90th percentile, Construction Managers earns $176,990 compared to $145,780 for Loan Officers.
Salary Range Comparison
Construction Managers$65,160 – $176,990
Loan Officers$38,490 – $145,780
$38,490$176,990
Detailed Salary Comparison
| Percentile | Construction Managers | Loan Officers | Difference |
|---|---|---|---|
| 10th Percentile | $65,160 | $38,490 | +$26,670 |
| 25th Percentile | $83,480 | $50,460 | +$33,020 |
| Median (50th) | $106,980 | $74,180 | +$32,800 |
| 75th Percentile | $139,330 | $101,920 | +$37,410 |
| 90th Percentile | $176,990 | $145,780 | +$31,210 |
| Mean (Average) | $119,660 | $86,020 | +$33,640 |
Employment Numbers
Construction Managers
348,330
employed nationwide
Loan Officers
290,530
employed nationwide
Top Paying Cities
Best Cities for Construction Managers
| City | Median |
|---|---|
| San Jose-Sunnyvale-Santa Clara, CA | $151,980 |
| New York-Newark-Jersey City, NY-NJ-PA | $138,000 |
| Portland-Vancouver-Hillsboro, OR-WA | $136,970 |
| Los Angeles-Long Beach-Anaheim, CA | $128,730 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $128,190 |
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: Construction Managers or Loan Officers?
Construction Managers professionals earn more, with a median salary difference of $32,800 (44.2% higher) as of 2024 BLS data.
What is the salary range for Construction Managers?
Construction Managers salaries range from $65,160 (10th percentile) to $176,990 (90th percentile), with a median of $106,980.
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 Construction Managers and Loan Officers jobs are there?
There are approximately 348,330 Construction Managers positions and 290,530 Loan Officers positions nationwide according to 2024 BLS data.
Is it worth switching from Loan Officers to Construction Managers?
Career decisions depend on many factors beyond salary. Construction Managers has a median salary of $106,980 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