The annual salary statistics of loan officers in Carbondale-Marion, Illinois is shown in Table 1. The wage information of loan officers in Carbondale-Marion 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 | $28,460 |
| 25th Percentile Wage | $48,240 |
| 50th Percentile Wage | $62,870 |
| 75th Percentile Wage | $97,950 |
| 90th Percentile Wage | $124,460 |
Table 1 shows the average annual salary for loan officers in Carbondale-Marion, Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,460. The median (50th percentile) annual salary is $62,870. The average annual salary for the bottom 10 percent earners is $28,460.
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 | $62,870 | 4.39% | -5.28% |
| 2021 | $60,110 | 4.87% | - |
| 2020 | $57,180 | 4.07% | - |
| 2019 | $54,850 | 2.94% | - |
| 2018 | $53,240 | -25.98% | - |
| 2017 | $67,070 | 1.31% | - |
| 2016 | $66,190 | 3.28% | - |
| 2015 | $64,020 | -3.39% | - |
| 2012 | $66,190 | - | - |
From Table 3 we note that the median annual salary of $62,870 in Carbondale-Marion is in the middle of salary range for loan officers in state of Illinois. In comparison, the annual salary of loan officers in Carbondale-Marion is 19.3 percent (19.3%) lower than that in the highest paying Chicago-Joliet-Naperville (IL-IN-WI Area) and 23.6 percent (23.6%) higher than that in the lowest paying Bloomington-Normal.