The annual salary statistics of loan officers in Bloomsburg-Berwick, Pennsylvania is shown in Table 1. The wage data of loan officers in Bloomsburg-Berwick 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 | $43,910 |
| 25th Percentile Wage | $47,520 |
| 50th Percentile Wage | $61,220 |
| 75th Percentile Wage | $79,400 |
| 90th Percentile Wage | $107,450 |
Table 1 shows the average annual salary for loan officers in Bloomsburg-Berwick, Pennsylvania in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $107,450. The median (50th percentile) annual salary is $61,220. The average annual salary for the bottom 10 percent earners is $43,910.
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 | $61,220 | 17.76% | 2.74% |
| 2021 | $50,350 | -10.21% | - |
| 2020 | $55,490 | -5.06% | - |
| 2019 | $58,300 | 7.41% | - |
| 2018 | $53,980 | -11.30% | - |
| 2017 | $60,080 | 0.90% | - |
| 2016 | $59,540 | 5.61% | - |
| 2015 | $56,200 | -5.94% | - |
| 2012 | $59,540 | - | - |
From Table 3 we note that the median annual salary of $61,220 in Bloomsburg-Berwick is in the middle of salary range for loan officers in state of Pennsylvania. In comparison, the annual salary of loan officers in Bloomsburg-Berwick is 23.6 percent (23.6%) lower than that in the highest paying Allentown-Bethlehem-Easton and 22.5 percent (22.5%) higher than that in the lowest paying East Stroudsburg.