The annual salary statistics of loan officers in Oxnard-Thousand Oaks-Ventura, California is shown in Table 1. The wage data of loan officers in Oxnard-Thousand Oaks-Ventura 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 | $30,820 |
| 25th Percentile Wage | $30,820 |
| 50th Percentile Wage | $44,440 |
| 75th Percentile Wage | $74,200 |
| 90th Percentile Wage | $117,610 |
Table 1 shows the average annual salary for loan officers in Oxnard-Thousand Oaks-Ventura, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $117,610. The median (50th percentile) annual salary is $44,440. The average annual salary for the bottom 10 percent earners is $30,820.
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 | $44,440 | -38.37% | -51.71% |
| 2021 | $61,490 | 1.58% | - |
| 2020 | $60,520 | 6.26% | - |
| 2019 | $56,730 | 5.68% | - |
| 2018 | $53,510 | 6.02% | - |
| 2017 | $50,290 | -3.64% | - |
| 2016 | $52,120 | 6.50% | - |
| 2015 | $48,730 | -0.86% | - |
| 2014 | $49,150 | -6.21% | - |
| 2013 | $52,200 | -29.16% | - |
| 2012 | $67,420 | - | - |
From Table 3 we note that with a median annual salary of $44,440, Oxnard-Thousand Oaks-Ventura is the lowest paying city for loan officers in state of California, following city of San Francisco-Oakland-Fremont (median annual salary of $81,410). Compared with the highest paying city San Francisco-Oakland-Fremont, the median annual salary of loan officers in Oxnard-Thousand Oaks-Ventura is 45.4 percent (45.4%) lower.