The annual salary statistics of loan officers in Durham-Chapel Hill, North Carolina is shown in Table 1. The wage data of loan officers in Durham-Chapel Hill 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 | $47,080 |
| 25th Percentile Wage | $62,640 |
| 50th Percentile Wage | $80,300 |
| 75th Percentile Wage | $125,800 |
| 90th Percentile Wage | $207,790 |
Table 1 shows the average annual salary for loan officers in Durham-Chapel Hill, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $207,790. The median (50th percentile) annual salary is $80,300. The average annual salary for the bottom 10 percent earners is $47,080.
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 | $80,300 | 3.31% | 41.77% |
| 2021 | $77,640 | 23.87% | - |
| 2020 | $59,110 | 0.68% | - |
| 2019 | $58,710 | -4.94% | - |
| 2018 | $61,610 | -10.96% | - |
| 2017 | $68,360 | -7.09% | - |
| 2016 | $73,210 | 2.01% | - |
| 2015 | $71,740 | 8.99% | - |
| 2014 | $65,290 | 8.91% | - |
| 2013 | $59,470 | 21.37% | - |
| 2012 | $46,760 | - | - |
From Table 3 we note that with a median annual salary of $80,300, Durham-Chapel Hill is the second highest paying city for loan officers in state of North Carolina, following the highest paying city Wilmington (median annual salary of $84,060). Compared with Wilmington, the median annual salary of loan officers in Durham-Chapel Hill is 4.5 percent (4.5%) lower.