The annual salary statistics of loan officers in Southeast-Central Idaho nonmetropolitan area, Idaho is shown in Table 1. The wage information of loan officers in Southeast-Central 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 | $36,930 |
| 25th Percentile Wage | $47,440 |
| 50th Percentile Wage | $62,500 |
| 75th Percentile Wage | $85,110 |
| 90th Percentile Wage | $113,380 |
Table 1 shows the average annual salary for loan officers in Southeast-Central 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 $113,380. The median (50th percentile) annual salary is $62,500. The average annual salary for the bottom 10 percent earners is $36,930.
The table and chart below show the trend of the median salary of loan officers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 4-Year Growth |
|---|---|---|---|
| 2022 | $62,500 | -10.32% | 12.14% |
| 2021 | $68,950 | 26.76% | - |
| 2020 | $50,500 | 4.63% | - |
| 2019 | $48,160 | -14.02% | - |
| 2018 | $54,910 | - | - |
From Table 3 we note that the median annual salary of $62,500 in Southeast-Central 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 Southeast-Central Idaho nonmetropolitan area is 17.5 percent (17.5%) lower than that in the highest paying Southwest Idaho nonmetropolitan area and 36.0 percent (36.0%) 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 |