The annual salary statistics of loan officers in San Juan-Caguas-Guaynabo, Puerto Rico is shown in Table 1. The wage statistics of loan officers in San Juan-Caguas-Guaynabo 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 | $23,910 |
| 25th Percentile Wage | $28,120 |
| 50th Percentile Wage | $30,270 |
| 75th Percentile Wage | $40,550 |
| 90th Percentile Wage | $63,030 |
Table 1 shows the average annual salary for loan officers in San Juan-Caguas-Guaynabo, Puerto Rico in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $63,030. The median (50th percentile) annual salary is $30,270. The average annual salary for the bottom 10 percent earners is $23,910.
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 | $30,270 | 0.63% | 3.11% |
| 2021 | $30,080 | -2.36% | - |
| 2020 | $30,790 | 5.29% | - |
| 2019 | $29,160 | 0.31% | - |
| 2018 | $29,070 | 5.19% | - |
| 2017 | $27,560 | -2.00% | - |
| 2016 | $28,110 | -2.17% | - |
| 2015 | $28,720 | -7.10% | - |
| 2014 | $30,760 | 2.63% | - |
| 2013 | $29,950 | 2.07% | - |
| 2012 | $29,330 | - | - |
From Table 3 we note that with a median annual salary of $30,270, San Juan-Caguas-Guaynabo is the second highest paying city for loan officers in state of Puerto Rico, following the highest paying city Mayaguez (median annual salary of $30,660). Compared with Mayaguez, the median annual salary of loan officers in San Juan-Caguas-Guaynabo is 1.3 percent (1.3%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Mayaguez | |
| San Juan-Caguas-Guaynabo | |
| Ponce | |
| Arecibo | |
| Aguadilla-Isabela-San Sebastian | |
| San German-Cabo Rojo |