The annual salary statistics of loan officers in Allentown-Bethlehem-Easton, Pennsylvania is shown in Table 1. The wage data of loan officers in Allentown-Bethlehem-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 | $43,470 |
| 25th Percentile Wage | $54,960 |
| 50th Percentile Wage | $80,100 |
| 75th Percentile Wage | $98,520 |
| 90th Percentile Wage | $137,390 |
Table 1 shows the average annual salary for loan officers in Allentown-Bethlehem-Easton, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $137,390. The median (50th percentile) annual salary is $80,100. The average annual salary for the bottom 10 percent earners is $43,470.
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 | $80,100 | 18.21% | 33.57% |
| 2021 | $65,510 | 1.82% | - |
| 2020 | $64,320 | 6.22% | - |
| 2019 | $60,320 | -1.79% | - |
| 2018 | $61,400 | 0.64% | - |
| 2017 | $61,010 | 1.90% | - |
| 2016 | $59,850 | -8.89% | - |
| 2015 | $65,170 | 5.45% | - |
| 2014 | $61,620 | 5.36% | - |
| 2013 | $58,320 | 8.76% | - |
| 2012 | $53,210 | - | - |
From Table 3 we note that with a median annual salary of $80,100, Allentown-Bethlehem-Easton is the highest paying city for loan officers in state of Pennsylvania, followed by Philadelphia-Camden-Wilmington (median annual salary $79,300). In comparison, the median annual salary of loan officers in Allentown-Bethlehem-Easton is 1.0 percent (1.0%) higher than that in Philadelphia-Camden-Wilmington.