Salaries for Escrow Officers in the United States average out at around $49K annually, but San Francisco employers pay the most, offering approximately $87K on average. Escrow Officers can also look forward to large paychecks in cities like Austin (+35 percent), Denver (+29 percent), Los Angeles (+24 percent), and Portland (+24 percent). The data for this synopsis comes from respondents who took the PayScale salary survey.
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$34,193 - $73,458
(Median)
$34K
$49K
$73K
MEDIAN: $48,554
10%
50%
90%

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$14.04 - $29.68
(Median)
$14
$20
$30
MEDIAN: $19.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$27K$54K$81K
Salary
$34,193 - $73,458  
   
Bonus
$275.00 - $20,294  
Profit Sharing
$3,000  
Commission
$1,019 - $40,547  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,990 - $79,462  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 432
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$15$30$45
Hourly Rate
$14.04 - $29.68  
   
Overtime
$19.20 - $43.19  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$30K$60K$90K
Bonus
$275.00 - $20,294  
   
Commission
$1,019 - $40,547  
Profit Sharing
$3,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$32,990 - $79,462  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 165
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Job Description for Escrow Officer

An escrow officer works primarily with real estate transactions and helps ensure each sale meets legal requirements before releasing buyer funds to the seller. The officer does this by reviewing the contract between buyer and seller, conducting research to ensure that the property title is clear and not under lien from another lender, creating closing documents to be signed by all parties, and setting up the timetable for the final closing. This requires the individual to have a number of skills, including familiarity with computers and real estate software, experience in the real estate industry, and effective interpersonal communication skills to work with buyers and sellers. The position also involves a significant amount of multitasking, so it's important for an escrow officer to be flexible and able to successfully complete several tasks at the same time.

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Escrow Officer Tasks

  • Identify, verify, and calculate balances due and update statements and legal documents.
  • Oversee paperwork associated with transactions, such as titles, insurance and others.
  • Open and monitor escrow accounts, transferring funds and communicating with involved parties.
  • Record and file documents legally, as well as communicating with buyer and seller.

Common Career Paths for Escrow Officer


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A lot of Escrow Officers move on to become Senior Escrow Officers, that group gets paid a slightly higher $56K on average. Escrow Officers most frequently become Office Managers and Title Closing Agents even though median compensation is $10K lower and $12K lower, respectively.

Escrow Officer Job Listings

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Popular Employer Salaries for Escrow Officer


Leading companies who hire large numbers of Escrow Officers include First American Title Insurance Company, Stewart Title Company, Chicago Title Company, Fidelity National Title Insurance Company, and Old Republic National Title Insurance Company. Heading up the field in terms of compensation, Land Title offers the most; Escrow Officers earn $61K on average there. Also paying near the top of the field are First American Title Insurance Company at $60K, First American Corporation at $60K, and Old Republic National Title Insurance Company, where Escrow Officers annually earn $57K.

Others at the bottom of the scale for this job include Stewart Title Company at $51K, and Chicago Title Company where $57K is the norm, but it is worth noting that some Escrow Officers there earn up to $97K.

Popular Skills for Escrow Officer


Survey takers who work as Escrow Officers report a focused set of job skills. Those who have experience with Notary, Customer Service, and Real Estate can expect to be compensated well for these skills. Those familiar with Customer Service also tend to know Notary.

Pay by Experience Level for Escrow Officer

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For Escrow Officers, experience does not seem to be a major factor in determining pay. Those in the early stages of their career can expect to make around $40K; however, individuals with five to 10 years of experience bring in $47K on average — a distinctly larger sum. On average, Escrow Officers make $51K following one to two decades on the job. Veterans who have acquired more than 20 years report a median income of $58K, which is generally higher than the pay reported by other tenure groups.

Pay Difference by Location

National Average: $48,243

Larger city markers indicate a job is popular in that location.

Related Job Salaries

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Experience Affects Escrow Officer Salaries



National Average
$48,000



Skills That Affect Escrow Officer Salaries

Notary
up arrow 4%

Customer Service
up arrow 2%

Real Estate
up arrow 1%

National Average
$48,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 76 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
3%
1-4 years
18%
5-9 years
14%
10-19 years
40%
20 years or more
25%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 59%
medical benefits
Vision: 50%
dental benefits
None: 21%
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