The annual salary statistics of loan officers in San Diego-Carlsbad-San Marcos, California is shown in Table 1. The wage information of loan officers in San Diego-Carlsbad-San Marcos 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 | $30,960 |
| 25th Percentile Wage | $43,710 |
| 50th Percentile Wage | $62,410 |
| 75th Percentile Wage | $95,690 |
| 90th Percentile Wage | $154,420 |
Table 1 shows the average annual salary for loan officers in San Diego-Carlsbad-San Marcos, California in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $154,420. The median (50th percentile) annual salary is $62,410. The average annual salary for the bottom 10 percent earners is $30,960.
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 | $62,410 | -2.37% | 0.67% |
| 2021 | $63,890 | -1.00% | - |
| 2020 | $64,530 | 5.30% | - |
| 2019 | $61,110 | -1.31% | - |
| 2018 | $61,910 | -16.57% | - |
| 2017 | $72,170 | -7.09% | - |
| 2016 | $77,290 | -1.80% | - |
| 2015 | $78,680 | 7.37% | - |
| 2014 | $72,880 | 12.25% | - |
| 2013 | $63,950 | 3.06% | - |
| 2012 | $61,990 | - | - |
From Table 3 we note that the median annual salary of $62,410 in San Diego-Carlsbad-San Marcos is in the middle of salary range for loan officers in state of California. In comparison, the annual salary of loan officers in San Diego-Carlsbad-San Marcos is 23.3 percent (23.3%) lower than that in the highest paying San Francisco-Oakland-Fremont and 28.8 percent (28.8%) higher than that in the lowest paying Oxnard-Thousand Oaks-Ventura.