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Escrow Officer Salary

The median salary for Escrow Officers in the United States is approximately $46K annually, but employers pay the most in San Francisco, offering around $88K on average. Escrow Officers can also look forward to large paychecks in cities like Seattle (+33 percent), Los Angeles (+31 percent), Denver (+20 percent), and Dallas (+17 percent). The information for this snapshot was generated by responses to the PayScale salary survey.
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$31,410 - $67,546
(Median)
$31K
$46K
$68K
MEDIAN: $45,894
10%
50%
90%

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$13.67 - $25.05
(Median)
$14
$18
$25
MEDIAN: $17.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Salary
$31,410 - $67,546  
   
Bonus
$0.00 - $11,960  
Profit Sharing
$700 - $5,087  
Commission
$974 - $26,066  
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).
)
$30,956 - $70,026  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 548
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$14$28$42
Hourly Rate
$13.67 - $25.05  
   
Overtime
$18.95 - $39.38  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$28K$56K$84K
Bonus
$0.00 - $11,960  
   
Commission
$974 - $26,066  
Profit Sharing
$700 - $5,087  
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).
)
$30,956 - $70,026  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 204

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United States (change)


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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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Escrow Officers often transition into Senior Escrow Officer positions, for which compensation tends to be much higher. On average, Senior Escrow Officers earn $56K per year.

Escrow Officer Job Listings

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Popular Employer Salaries for Escrow Officer


First American Title Insurance Company, Stewart Title Company, Chicago Title Company, Fidelity National Title Insurance Company, and Old Republic National Title Insurance Company are some prominent firms with considerable interest in employing a large team of Escrow Officers. First American Corporation leads the field in terms of pay, with a median salary of $60K.

Offering a median salary of only $43K, Stewart Title Company gives out the smallest paychecks. Furthermore, the earnings range of $24K to $88K isn't that wide, either.

Popular Skills for Escrow Officer


Job skills reported by Escrow Officers are limited. Those who have experience with Notary, Real Estate, and Customer Service can expect to be compensated well for these skills. Most people who know Customer Service also 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, more experience in the field does not usually mean bigger paychecks. Survey participants with less than five years' experience pocket $39K on average, but those with five to 10 years of experience enjoy a much bigger median of $44K. Escrow Officers claiming one to two decades of experience make an estimated median of $48K. In the end, more experience does seem to mean larger paychecks; seasoned Escrow Officers with more than 20 years of experience earn a predictably higher median salary of $54K.

Pay Difference by Location

Related Job Salaries

United States (change)

Experience Affects Escrow Officer Salaries



National Average
$45,000



Skills That Affect Escrow Officer Salaries

Notary
up arrow 4%

Real Estate
up arrow 1%

Customer Service
0%

National Average
$45,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 138 votes.

Gender

Female
91 %
Male
9 %

Years of Experience

Less than 1 year
2%
1-4 years
17%
5-9 years
22%
10-19 years
38%
20 years or more
20%

Common Health Benefits

medical benefits Medical: 72% dental benefits Dental: 58%
vision benefits Vision: 46% employee benefits None: 26%
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