The annual salary statistics of loan officers in Fort Collins-Loveland, Colorado is shown in Table 1. The wage information of loan officers in Fort Collins-Loveland 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 | $30,000 |
| 25th Percentile Wage | $49,700 |
| 50th Percentile Wage | $80,240 |
| 75th Percentile Wage | $114,500 |
| 90th Percentile Wage | $158,950 |
Table 1 shows the average annual salary for loan officers in Fort Collins-Loveland, Colorado in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $158,950. The median (50th percentile) annual salary is $80,240. The average annual salary for the bottom 10 percent earners is $30,000.
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 | $80,240 | 5.77% | 0.70% |
| 2021 | $75,610 | 26.03% | - |
| 2020 | $55,930 | -22.81% | - |
| 2019 | $68,690 | 1.70% | - |
| 2018 | $67,520 | 1.13% | - |
| 2017 | $66,760 | -35.53% | - |
| 2016 | $90,480 | -0.03% | - |
| 2015 | $90,510 | -0.87% | - |
| 2014 | $91,300 | 33.65% | - |
| 2013 | $60,580 | -31.53% | - |
| 2012 | $79,680 | - | - |
From Table 3 we note that with a median annual salary of $80,240, Fort Collins-Loveland is the second highest paying city for loan officers in state of Colorado, following the highest paying city Boulder (median annual salary of $81,940). Compared with Boulder, the median annual salary of loan officers in Fort Collins-Loveland is 2.1 percent (2.1%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Boulder | |
| Fort Collins-Loveland | |
| West Colorado nonmetropolitan area | |
| Greeley | |
| Colorado Springs | |
| Denver-Aurora-Broomfield | |
| Grand Junction | |
| East and South Colorado nonmetropolitan area | |
| Northcentral Colorado nonmetropolitan area | |
| Pueblo | |
| Central Colorado nonmetropolitan area |