The annual salary statistics of loan officers in Naples-Marco Island, Florida is shown in Table 1. The wage data of loan officers in Naples-Marco Island 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 | $31,200 |
| 25th Percentile Wage | $39,870 |
| 50th Percentile Wage | $47,400 |
| 75th Percentile Wage | $78,820 |
| 90th Percentile Wage | $117,020 |
Table 1 shows the average annual salary for loan officers in Naples-Marco Island, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $117,020. The median (50th percentile) annual salary is $47,400. The average annual salary for the bottom 10 percent earners is $31,200.
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 | $47,400 | -16.92% | -22.38% |
| 2021 | $55,420 | 22.95% | - |
| 2020 | $42,700 | -20.02% | - |
| 2019 | $51,250 | -39.40% | - |
| 2018 | $71,440 | -11.32% | - |
| 2017 | $79,530 | 5.90% | - |
| 2016 | $74,840 | -0.64% | - |
| 2015 | $75,320 | 2.00% | - |
| 2014 | $73,810 | -1.88% | - |
| 2013 | $75,200 | 22.86% | - |
| 2012 | $58,010 | - | - |
From Table 3 we note that with a median annual salary of $47,400, Naples-Marco Island is the lowest paying city for loan officers in state of Florida, following city of The Villages (median annual salary of $80,910). Also we note that in comparison, the annual salary of loan officers in Naples-Marco Island is about 41.4 percent (41.4%) lower than that of the highest paying city The Villages.