The annual salary statistics of loan officers in Boise City-Nampa, Idaho is shown in Table 1. The wage information of loan officers in Boise City-Nampa 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 | $23,690 |
| 25th Percentile Wage | $45,660 |
| 50th Percentile Wage | $61,470 |
| 75th Percentile Wage | $81,990 |
| 90th Percentile Wage | $115,920 |
Table 1 shows the average annual salary for loan officers in Boise City-Nampa, Idaho in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $115,920. The median (50th percentile) annual salary is $61,470. The average annual salary for the bottom 10 percent earners is $23,690.
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 | $61,470 | 17.44% | 16.09% |
| 2021 | $50,750 | -25.85% | - |
| 2020 | $63,870 | 21.32% | - |
| 2019 | $50,250 | -6.35% | - |
| 2018 | $53,440 | -18.68% | - |
| 2017 | $63,420 | 9.85% | - |
| 2016 | $57,170 | 4.34% | - |
| 2015 | $54,690 | 19.75% | - |
| 2014 | $43,890 | -7.06% | - |
| 2013 | $46,990 | -9.77% | - |
| 2012 | $51,580 | - | - |
From Table 3 we note that the median annual salary of $61,470 in Boise City-Nampa is in the middle of salary range for loan officers in state of Idaho. In comparison, the annual salary of loan officers in Boise City-Nampa is 18.9 percent (18.9%) lower than that in the highest paying Southwest Idaho nonmetropolitan area and 34.9 percent (34.9%) higher than that in the lowest paying North Idaho nonmetropolitan area.