The annual salary statistics of loan officers in Lawrence-Methuen-Salem, New Hampshire is shown in Table 1. The wage statistics of loan officers in Lawrence-Methuen-Salem 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 | $33,530 |
| 25th Percentile Wage | $49,980 |
| 50th Percentile Wage | $68,360 |
| 75th Percentile Wage | $88,700 |
| 90th Percentile Wage | $117,300 |
Table 1 shows the average annual salary for loan officers in Lawrence-Methuen-Salem, New Hampshire in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $117,300. The median (50th percentile) annual salary is $68,360. The average annual salary for the bottom 10 percent earners is $33,530.
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 | $68,360 | 2.56% | 5.66% |
| 2016 | $66,610 | 4.73% | - |
| 2015 | $63,460 | 3.39% | - |
| 2014 | $61,310 | -15.05% | - |
| 2013 | $70,540 | 8.58% | - |
| 2012 | $64,490 | - | - |
From Table 3 we note that the median annual salary of $68,360 in Lawrence-Methuen-Salem is in the middle of salary range for loan officers in state of New Hampshire. In comparison, the annual salary of loan officers in Lawrence-Methuen-Salem is 30.4 percent (30.4%) lower than that in the highest paying Southwestern New Hampshire nonmetropolitan area and 21.6 percent (21.6%) higher than that in the lowest paying Rochester-Dover.