The annual salary statistics of loan officers in Anniston-Oxford, Alabama is shown in Table 1. The wage data of loan officers in Anniston-Oxford is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $33,990 |
| 25th Percentile Wage | $37,460 |
| 50th Percentile Wage | $49,310 |
| 75th Percentile Wage | $78,830 |
| 90th Percentile Wage | $127,670 |
Table 1 shows the average annual salary for loan officers in Anniston-Oxford, Alabama in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $127,670. The median (50th percentile) annual salary is $49,310. The average annual salary for the bottom 10 percent earners is $33,990.
The table and chart below show the trend of the median salary of loan officers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $49,310 | -1.12% | -24.27% |
| 2021 | $49,860 | -75.95% | - |
| 2020 | $87,730 | 18.27% | - |
| 2019 | $71,700 | 27.77% | - |
| 2018 | $51,790 | 6.99% | - |
| 2017 | $48,170 | -52.44% | - |
| 2014 | $73,430 | 19.73% | - |
| 2013 | $58,940 | -3.97% | - |
| 2012 | $61,280 | - | - |
From Table 3 we note that the median annual salary of $49,310 in Anniston-Oxford is in the middle of salary range for loan officers in state of Alabama. In comparison, the annual salary of loan officers in Anniston-Oxford is 32.3 percent (32.3%) lower than that in the highest paying Southwest Alabama nonmetropolitan area and 7.4 percent (7.4%) higher than that in the lowest paying Gadsden.