The annual salary statistics of loan officers in Trenton-Ewing, New Jersey is shown in Table 1. The wage statistics of loan officers in Trenton-Ewing 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 | $53,030 |
| 25th Percentile Wage | $60,070 |
| 50th Percentile Wage | $73,510 |
| 75th Percentile Wage | $96,810 |
| 90th Percentile Wage | $129,920 |
Table 1 shows the average annual salary for loan officers in Trenton-Ewing, New Jersey in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $129,920. The median (50th percentile) annual salary is $73,510. The average annual salary for the bottom 10 percent earners is $53,030.
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 | $73,510 | -5.07% | 17.34% |
| 2021 | $77,240 | 21.53% | - |
| 2020 | $60,610 | -0.23% | - |
| 2019 | $60,750 | -6.62% | - |
| 2018 | $64,770 | -11.46% | - |
| 2017 | $72,190 | 6.55% | - |
| 2016 | $67,460 | -11.81% | - |
| 2015 | $75,430 | 10.54% | - |
| 2014 | $67,480 | -7.94% | - |
| 2013 | $72,840 | 16.58% | - |
| 2012 | $60,760 | - | - |
From Table 3 we note that the median annual salary of $73,510 in Trenton-Ewing is in the middle of salary range for loan officers in state of New Jersey. In comparison, the annual salary of loan officers in Trenton-Ewing is 8.8 percent (8.8%) lower than that in the highest paying Edison-New Brunswick and 38.1 percent (38.1%) higher than that in the lowest paying Ocean City.
| Cities/Areas | Median Annual Salary |
|---|---|
| Edison-New Brunswick | |
| Camden | |
| Trenton-Ewing | |
| Vineland-Millville-Bridgeton | |
| Wilmington | |
| Atlantic City-Hammonton | |
| Ocean City |