The annual salary statistics of loan officers in Brockton-Bridgewater-Easton, Massachusetts is shown in Table 1. The wage statistics of loan officers in Brockton-Bridgewater-Easton 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 | $42,000 |
| 25th Percentile Wage | $56,830 |
| 50th Percentile Wage | $76,750 |
| 75th Percentile Wage | $107,400 |
| 90th Percentile Wage | $186,320 |
Table 1 shows the average annual salary for loan officers in Brockton-Bridgewater-Easton, Massachusetts in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $186,320. The median (50th percentile) annual salary is $76,750. The average annual salary for the bottom 10 percent earners is $42,000.
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 | $76,750 | 6.10% | 9.51% |
| 2016 | $72,070 | 5.59% | - |
| 2015 | $68,040 | -2.34% | - |
| 2014 | $69,630 | 4.90% | - |
| 2013 | $66,220 | -4.88% | - |
| 2012 | $69,450 | - | - |
From Table 3 we note that the median annual salary of $76,750 in Brockton-Bridgewater-Easton is in the middle of salary range for loan officers in state of Massachusetts. In comparison, the annual salary of loan officers in Brockton-Bridgewater-Easton is 5.1 percent (5.1%) lower than that in the highest paying Boston-Cambridge-Quincy and 23.9 percent (23.9%) higher than that in the lowest paying Northwest Massachusetts nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Boston-Cambridge-Quincy | |
| Barnstable Town | |
| Pittsfield | |
| Leominster-Fitchburg-Gardner | |
| Peabody | |
| New Bedford | |
| Brockton-Bridgewater-Easton | |
| Boston-Cambridge-Quincy | |
| Worcester | |
| Springfield | |
| Massachusetts nonmetropolitan area | |
| Framingham | |
| Taunton-Norton-Raynham | |
| Northwest Massachusetts nonmetropolitan area |