The annual salary statistics of loan officers in Southwest Idaho nonmetropolitan area, Idaho is shown in Table 1. The wage statistics of loan officers in Southwest 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 | $36,820 |
| 25th Percentile Wage | $43,800 |
| 50th Percentile Wage | $75,790 |
| 75th Percentile Wage | $100,050 |
| 90th Percentile Wage | $136,440 |
Table 1 shows the average annual salary for loan officers in Southwest 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 $136,440. The median (50th percentile) annual salary is $75,790. The average annual salary for the bottom 10 percent earners is $36,820.
The table and chart below show the trend of the median salary of loan officers from 2012 to 2017. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $75,790 | -4.50% | 9.12% |
| 2014 | $79,200 | 17.98% | - |
| 2013 | $64,960 | -6.03% | - |
| 2012 | $68,880 | - | - |
From Table 3 we note that with a median annual salary of $75,790, Southwest Idaho nonmetropolitan area is the highest paying city for loan officers in state of Idaho, followed by Coeur dAlene (median annual salary $62,590). In comparison, the median annual salary of loan officers in Southwest Idaho nonmetropolitan area is 17.4 percent (17.4%) higher than that in Coeur dAlene.
| 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 |