Escrow Officer Salary

Escrow Officers earn around $49K annually on average in the United States, but employers pay the most in San Francisco, offering approximately $87K at the median. Escrow Officers can also look forward to large paychecks in cities like Austin (+54 percent), Denver (+33 percent), Portland (+26 percent), and Dallas (+19 percent). The data for this snapshot was collected from individuals who took PayScale's salary survey.
Read More
$34,538 - $75,344
$35K
$49K
$75K
MEDIAN: $49,110
10%
50%
90%

Add this chart to your site: 640px    300px

$13.97 - $29.03
$14
$20
$29
MEDIAN: $19.82
10%
50%
90%

Add this chart to your site: 640px    300px

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
$34,538 - $75,344  
   
Bonus
$302.70 - $20,386  
Profit Sharing
$3,500  
Commission
$1,014 - $52,349  
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).
)
$32,923 - $80,396  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 408
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$14$28$42
Hourly Rate
$13.97 - $29.03  
   
Overtime
$19.17 - $41.81  
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$28K$56K$84K
Bonus
$302.70 - $20,386  
   
Commission
$1,014 - $52,349  
Profit Sharing
$3,500  
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).
)
$32,923 - $80,396  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 164

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

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.

Read More...

Escrow Officer Tasks

  • 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.
  • Identify, verify, and calculate balances due and update statements and legal documents.
  • Oversee paperwork associated with transactions, such as titles, insurance and others.

Common Career Paths for Escrow Officer


Add this chart to your site:   640px 640px    300px 300px


Escrow Officers often end up in upper-level roles like Senior Escrow Officer. Senior Escrow Officers bring home $56K annually on average. Escrow Officers most often advance into Office Manager and Title Closing Agent positions even though the median salaries are $10K lower and $12K lower, respectively.

Escrow Officer Job Listings

Search for more jobs:

Popular Employer Salaries for Escrow Officer


Dominating the field, First American Title Insurance Company, Stewart Title Company, Chicago Title Company, Fidelity National Title Insurance Company, and Old Republic National Title Insurance Company are top firms with a reputation for hiring a great number of Escrow Officers. The biggest paychecks can be found at Fidelity National Title Insurance Company — the median salary there is $70K. Land Title, First American Corporation, and First American Title Insurance Company are a few other companies that offer generous salaries, with Escrow Officers earning around $61K, $60K, or $59K at each firm, respectively.

Stewart Title Company seems to offer the smallest paychecks with a median salary of only $53K. The pay range is quite narrow, too; compensation generally sits between $40K and $119K. Chicago Title Company, Old Republic National Title Insurance Company, and First American Title Insurance Company are a few other employers known for handing out relatively lightweight salaries ($55K, $57K, and $59K respectively).

Popular Skills for Escrow Officer


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. Most people familiar with Customer Service also know Notary.

Pay by Experience Level for Escrow Officer

Pay by Experience for an Escrow Officer has a positive trend. An entry-level Escrow Officer with less than 5 years of experience can expect to earn an average total compensation of $40,000 based on 159 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Escrow Officer with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $47,000 based on 126 salaries. An experienced Escrow Officer which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $52,000 based on 260 salaries. An Escrow Officer with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $59,000 based on 138 salaries.

Pay Difference by Location

National Average: $48,596

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

Related Job Salaries

Key Stats for Escrow Officer

Gender

Female
91 %
Male
9 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 83 votes.
Less than 1 year
3%
1-4 years
20%
5-9 years
14%
10-19 years
39%
20 years or more
24%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Escrow Officer Salaries

▲21%

▲7%

National Average
$49,000

▼3%

▼17%

Skills That Affect Escrow Officer Salaries

▲4%


▲1%

National Average
$49,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 83 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
3%
1-4 years
20%
5-9 years
14%
10-19 years
39%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 60%
vision benefits
Vision: 49%
no benefits
None: 21%