The annual salary statistics of loan officers in Miami-Fort Lauderdale-Pompano Beach, Florida is shown in Table 1. The wage data of loan officers in Miami-Fort Lauderdale-Pompano Beach 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 | $29,140 |
| 25th Percentile Wage | $38,520 |
| 50th Percentile Wage | $60,060 |
| 75th Percentile Wage | $95,290 |
| 90th Percentile Wage | $131,140 |
Table 1 shows the average annual salary for loan officers in Miami-Fort Lauderdale-Pompano Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $131,140. The median (50th percentile) annual salary is $60,060. The average annual salary for the bottom 10 percent earners is $29,140.
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 | $60,060 | -0.52% | -8.94% |
| 2021 | $60,370 | -0.93% | - |
| 2020 | $60,930 | -1.49% | - |
| 2019 | $61,840 | -7.62% | - |
| 2018 | $66,550 | -6.10% | - |
| 2017 | $70,610 | -7.58% | - |
| 2016 | $75,960 | -2.80% | - |
| 2015 | $78,090 | 3.30% | - |
| 2014 | $75,510 | 5.31% | - |
| 2013 | $71,500 | 8.49% | - |
| 2012 | $65,430 | - | - |
From Table 3 we note that the median annual salary of $60,060 in Miami-Fort Lauderdale-Pompano Beach is in the middle of salary range for loan officers in state of Florida. In comparison, the annual salary of loan officers in Miami-Fort Lauderdale-Pompano Beach is 25.8 percent (25.8%) lower than that in the highest paying The Villages and 21.1 percent (21.1%) higher than that in the lowest paying Naples-Marco Island.