The annual salary statistics of loan officers in Tampa-St Petersburg-Clearwater, Florida is shown in Table 1. The wage data of loan officers in Tampa-St Petersburg-Clearwater 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 | $36,960 |
| 25th Percentile Wage | $40,170 |
| 50th Percentile Wage | $62,290 |
| 75th Percentile Wage | $84,440 |
| 90th Percentile Wage | $126,480 |
Table 1 shows the average annual salary for loan officers in Tampa-St Petersburg-Clearwater, Florida in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $126,480. The median (50th percentile) annual salary is $62,290. The average annual salary for the bottom 10 percent earners is $36,960.
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 | $62,290 | 3.11% | 0.47% |
| 2021 | $60,350 | -12.81% | - |
| 2020 | $68,080 | 7.73% | - |
| 2019 | $62,820 | -7.58% | - |
| 2018 | $67,580 | -4.50% | - |
| 2017 | $70,620 | -5.75% | - |
| 2016 | $74,680 | 3.28% | - |
| 2015 | $72,230 | 3.35% | - |
| 2014 | $69,810 | 9.76% | - |
| 2013 | $63,000 | 1.59% | - |
| 2012 | $62,000 | - | - |
From Table 3 we note that the median annual salary of $62,290 in Tampa-St Petersburg-Clearwater is in the middle of salary range for loan officers in state of Florida. In comparison, the annual salary of loan officers in Tampa-St Petersburg-Clearwater is 23.0 percent (23.0%) lower than that in the highest paying The Villages and 23.9 percent (23.9%) higher than that in the lowest paying Naples-Marco Island.