The annual salary statistics of loan officers in Southcentral Idaho nonmetropolitan area, Idaho is shown in Table 1. The wage data of loan officers in Southcentral Idaho 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 | $38,040 |
| 25th Percentile Wage | $44,030 |
| 50th Percentile Wage | $61,600 |
| 75th Percentile Wage | $83,440 |
| 90th Percentile Wage | $108,110 |
Table 1 shows the average annual salary for loan officers in Southcentral Idaho nonmetropolitan area, Idaho in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $108,110. The median (50th percentile) annual salary is $61,600. The average annual salary for the bottom 10 percent earners is $38,040.
The table and chart below show the trend of the median salary of loan officers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $61,600 | -6.77% | 15.54% |
| 2016 | $65,770 | 7.92% | - |
| 2015 | $60,560 | 12.83% | - |
| 2014 | $52,790 | 1.53% | - |
| 2013 | $51,980 | -0.10% | - |
| 2012 | $52,030 | - | - |
From Table 3 we note that the median annual salary of $61,600 in Southcentral Idaho nonmetropolitan area is in the middle of salary range for loan officers in state of Idaho. In comparison, the annual salary of loan officers in Southcentral Idaho nonmetropolitan area is 18.7 percent (18.7%) lower than that in the highest paying Southwest Idaho nonmetropolitan area and 35.0 percent (35.0%) higher than that in the lowest paying North Idaho nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Southwest Idaho nonmetropolitan area | |
| Coeur dAlene | |
| Southeast-Central Idaho nonmetropolitan area | |
| Southcentral Idaho nonmetropolitan area | |
| Boise City-Nampa | |
| East Idaho nonmetropolitan area | |
| Northwestern Idaho nonmetropolitan area | |
| Idaho Falls | |
| Pocatello | |
| North Idaho nonmetropolitan area |