The annual salary statistics of loan officers in Greensboro-High Point, North Carolina is shown in Table 1. The wage statistics of loan officers in Greensboro-High Point 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 | $35,140 |
| 25th Percentile Wage | $49,420 |
| 50th Percentile Wage | $61,900 |
| 75th Percentile Wage | $82,060 |
| 90th Percentile Wage | $125,140 |
Table 1 shows the average annual salary for loan officers in Greensboro-High Point, North Carolina in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $125,140. The median (50th percentile) annual salary is $61,900. The average annual salary for the bottom 10 percent earners is $35,140.
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 | $61,900 | 3.47% | -2.86% |
| 2021 | $59,750 | 7.67% | - |
| 2020 | $55,170 | -0.22% | - |
| 2019 | $55,290 | 2.13% | - |
| 2018 | $54,110 | 14.99% | - |
| 2017 | $46,000 | 9.63% | - |
| 2016 | $41,570 | -31.32% | - |
| 2015 | $54,590 | -6.14% | - |
| 2014 | $57,940 | 2.42% | - |
| 2013 | $56,540 | -12.61% | - |
| 2012 | $63,670 | - | - |
From Table 3 we note that the median annual salary of $61,900 in Greensboro-High Point is in the middle of salary range for loan officers in state of North Carolina. In comparison, the annual salary of loan officers in Greensboro-High Point is 26.4 percent (26.4%) lower than that in the highest paying Wilmington and 6.8 percent (6.8%) higher than that in the lowest paying New Bern.