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Loan Officer Salary Information in Florida

The average annual and hourly salaries for loan officers in the state of Florida are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers among Florida metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Loan Officers in Florida

Percentile BracketAverage Annual Salary
10th Percentile Wage
$38,950
25th Percentile Wage
$51,580
50th Percentile Wage
$69,760
75th Percentile Wage
$96,040
90th Percentile Wage
$133,560

Table 1 shows the average annual salary for loan officers in Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $133,560. The median (50th percentile) annual salary is $69,760. The average annual salary for the bottom 10 percent is $38,950.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of loan officers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$69,760
-1.10% 13.20%
2016
$70,530
0.57% -
2015
$70,130
1.51% -
2014
$69,070
3.69% -
2013
$66,520
8.97% -
2012
$60,550
- -

Table 3. Median Annual Salary of Loan Officers in Florida Cities

Table 3 shows the median annual salary of loan officers in some Florida cities and metropolitan areas. We note that the median annual salary of loan officers in state of Florida ranges from $44,800 to $87,130. The highest paying area for loan officers in Florida is Punta Gorda with a median annual salary of $87,130. The second highest paying city/area in Florida State is Naples-Marco Island (mean annual salary $79,530). The lowest paying area is Deltona-Daytona Beach-Ormond Beach with a median annual salary of $44,800.

Cities/Areas Median Annual Salary
Punta Gorda
$87,130
Naples-Marco Island
$79,530
West Palm Beach-Boca Raton-Boynton Beach
$78,060
Ocala
$75,310
Sebastian-Vero Beach
$73,880
Lakeland-Winter Haven
$73,420
South Florida nonmetropolitan area
$73,100
Cape Coral-Fort Myers
$72,120
Palm Bay-Melbourne-Titusville
$71,420
Orlando-Kissimmee-Sanford
$71,170
North Port-Bradenton-Sarasota
$70,940
Jacksonville
$70,740
Tampa-St Petersburg-Clearwater
$70,620
Miami-Fort Lauderdale-Pompano Beach
$70,610
Fort Lauderdale-Pompano Beach-Deerfield Beach
$70,520
Gainesville
$69,620
Miami-Miami Beach-Kendall
$68,990
Pensacola-Ferry Pass-Brent
$64,980
Tallahassee
$61,530
Port St Lucie
$60,670
Northeast Florida nonmetropolitan area
$59,260
Panama City-Lynn Haven-Panama City Beach
$57,820
Crestview-Fort Walton Beach-Destin
$55,920
Northwest Florida nonmetropolitan area
$52,170
Deltona-Daytona Beach-Ormond Beach
$44,800




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