The annual salary statistics of loan officers in Madera-Chowchilla, California is shown in Table 1. The wage information of loan officers in Madera-Chowchilla 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 | $34,510 |
| 25th Percentile Wage | $47,570 |
| 50th Percentile Wage | $60,470 |
| 75th Percentile Wage | $79,170 |
| 90th Percentile Wage | $127,450 |
Table 1 shows the average annual salary for loan officers in Madera-Chowchilla, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $127,450. The median (50th percentile) annual salary is $60,470. The average annual salary for the bottom 10 percent earners is $34,510.
From Table 3 we note that the median annual salary of $60,470 in Madera-Chowchilla is in the middle of salary range for loan officers in state of California. In comparison, the annual salary of loan officers in Madera-Chowchilla is 25.7 percent (25.7%) lower than that in the highest paying San Francisco-Oakland-Fremont and 26.5 percent (26.5%) higher than that in the lowest paying Oxnard-Thousand Oaks-Ventura.