The annual salary statistics of loan officers in Orlando-Kissimmee-Sanford, Florida is shown in Table 1. The wage information of loan officers in Orlando-Kissimmee-Sanford 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 | $29,640 |
| 25th Percentile Wage | $39,000 |
| 50th Percentile Wage | $60,070 |
| 75th Percentile Wage | $81,550 |
| 90th Percentile Wage | $126,280 |
Table 1 shows the average annual salary for loan officers in Orlando-Kissimmee-Sanford, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,280. The median (50th percentile) annual salary is $60,070. The average annual salary for the bottom 10 percent earners is $29,640.
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 | $60,070 | -0.10% | -5.43% |
| 2021 | $60,130 | -3.96% | - |
| 2020 | $62,510 | -4.29% | - |
| 2019 | $65,190 | -10.54% | - |
| 2018 | $72,060 | 1.24% | - |
| 2017 | $71,170 | 9.34% | - |
| 2016 | $64,520 | -0.51% | - |
| 2015 | $64,850 | -10.59% | - |
| 2014 | $71,720 | 0.64% | - |
| 2013 | $71,260 | 11.13% | - |
| 2012 | $63,330 | - | - |
From Table 3 we note that the median annual salary of $60,070 in Orlando-Kissimmee-Sanford is in the middle of salary range for loan officers in state of Florida. In comparison, the annual salary of loan officers in Orlando-Kissimmee-Sanford 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.