The annual salary statistics of loan officers in Hawaii-Maui-Kauai nonmetropolitan area, Hawaii is shown in Table 1. The wage data of loan officers in Hawaii-Maui-Kauai nonmetropolitan area 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 | $34,610 |
| 25th Percentile Wage | $50,550 |
| 50th Percentile Wage | $61,410 |
| 75th Percentile Wage | $79,990 |
| 90th Percentile Wage | $114,420 |
Table 1 shows the average annual salary for loan officers in Hawaii-Maui-Kauai nonmetropolitan area, Hawaii in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $114,420. The median (50th percentile) annual salary is $61,410. The average annual salary for the bottom 10 percent earners is $34,610.
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 | $61,410 | -0.88% | 15.88% |
| 2021 | $61,950 | -26.72% | - |
| 2020 | $78,500 | 4.88% | - |
| 2019 | $74,670 | 31.79% | - |
| 2018 | $50,930 | -31.73% | - |
| 2017 | $67,090 | 2.64% | - |
| 2016 | $65,320 | 2.51% | - |
| 2015 | $63,680 | 24.70% | - |
| 2014 | $47,950 | 0.06% | - |
| 2013 | $47,920 | -7.80% | - |
| 2012 | $51,660 | - | - |
From Table 3 we note that the median annual salary of $61,410 in Hawaii-Maui-Kauai nonmetropolitan area is in the middle of salary range for loan officers in state of Hawaii. In comparison, the annual salary of loan officers in Hawaii-Maui-Kauai nonmetropolitan area is 14.7 percent (14.7%) lower than that in the highest paying Urban Honolulu and 14.2 percent (14.2%) higher than that in the lowest paying Honolulu.
| Cities/Areas | Median Annual Salary |
|---|---|
| Urban Honolulu | |
| Kahului-Wailuku-Lahaina | |
| Hawaii-Maui-Kauai nonmetropolitan area | |
| Honolulu |