Escrow Officer Salary

An Escrow Officer earns an average salary of $49,110 per year. Experience has a moderate effect on pay for this job.
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$35,208 - $77,126
$35K
$50K
$77K
MEDIAN: $50,096
10%
50%
90%

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$14.03 - $26.90
$14
$19
$27
MEDIAN: $19.38
10%
50%
90%

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$0$80K
Salary $35,208 - $77,126
Bonus $486.45 - $19,981
Profit Sharing $9,150
Commission $1,000 - $40,695
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).
)
$33,859 - $80,675
  • Country: United States
  • Currency: USD
  • Updated: 13 Sep 2017
  • Individuals Reporting: 418
Hourly Data $0$43
Hourly Rate $14.03 - $26.90
Overtime $21.51 - $43.23
Annual Data $0$80K
Bonus $486.45 - $19,981
Commission $1,000 - $40,695
Profit Sharing $9,150
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).
)
$33,859 - $80,675
  • Country: United States
  • Currency: USD
  • Updated: 13 Sep 2017
  • Individuals Reporting: 169

Find Out Exactly What You Should Be Paid

United States (change)

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

  • 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


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Escrow Officer Job Listings

Popular Employer Salaries for Escrow Officer

Popular Skills for Escrow Officer

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: $49,033

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 111 votes.
Less than 1 year
3%
1-4 years
21%
5-9 years
13%
10-19 years
40%
20 years or more
24%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Escrow Officer Salaries

▲20%

▲6%

National Average
$49,000

▼4%

▼18%

Skills That Affect Escrow Officer Salaries

▲3%


▼0%

National Average
$49,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 111 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
3%
1-4 years
21%
5-9 years
13%
10-19 years
40%
20 years or more
24%

Common Health Benefits

medical benefits
Medical: 76%
dental benefits
Dental: 61%
vision benefits
Vision: 49%
no benefits
None: 22%
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