The annual salary statistics of loan officers in Sebastian-Vero Beach, Florida is shown in Table 1. The wage data of loan officers in Sebastian-Vero 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 | $36,000 |
| 25th Percentile Wage | $38,430 |
| 50th Percentile Wage | $65,450 |
| 75th Percentile Wage | $103,110 |
| 90th Percentile Wage | $127,010 |
Table 1 shows the average annual salary for loan officers in Sebastian-Vero Beach, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $127,010. The median (50th percentile) annual salary is $65,450. The average annual salary for the bottom 10 percent earners is $36,000.
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 | $65,450 | 6.77% | -23.77% |
| 2021 | $61,020 | 10.03% | - |
| 2020 | $54,900 | -21.53% | - |
| 2019 | $66,720 | -12.11% | - |
| 2018 | $74,800 | 1.23% | - |
| 2017 | $73,880 | -45.83% | - |
| 2015 | $107,740 | 33.55% | - |
| 2014 | $71,590 | -4.79% | - |
| 2013 | $75,020 | -7.98% | - |
| 2012 | $81,010 | - | - |
From Table 3 we note that the median annual salary of $65,450 in Sebastian-Vero Beach is in the middle of salary range for loan officers in state of Florida. In comparison, the annual salary of loan officers in Sebastian-Vero Beach is 19.1 percent (19.1%) lower than that in the highest paying The Villages and 27.6 percent (27.6%) higher than that in the lowest paying Naples-Marco Island.