The annual salary statistics of loan officers in Parkersburg-Marietta-Vienna, West Virginia is shown in Table 1. The wage statistics of loan officers in Parkersburg-Marietta-Vienna 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 | $36,900 |
| 25th Percentile Wage | $39,480 |
| 50th Percentile Wage | $47,510 |
| 75th Percentile Wage | $75,360 |
| 90th Percentile Wage | $95,220 |
Table 1 shows the average annual salary for loan officers in Parkersburg-Marietta-Vienna, West Virginia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $95,220. The median (50th percentile) annual salary is $47,510. The average annual salary for the bottom 10 percent earners is $36,900.
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 | $47,510 | -0.88% | 8.06% |
| 2021 | $47,930 | -7.07% | - |
| 2020 | $51,320 | -14.61% | - |
| 2019 | $58,820 | 19.59% | - |
| 2018 | $47,300 | 36.45% | - |
| 2017 | $30,060 | -23.85% | - |
| 2016 | $37,230 | 4.62% | - |
| 2015 | $35,510 | -5.18% | - |
| 2014 | $37,350 | -12.07% | - |
| 2013 | $41,860 | -4.35% | - |
| 2012 | $43,680 | - | - |
From Table 3 we note that the median annual salary of $47,510 in Parkersburg-Marietta-Vienna is in the middle of salary range for loan officers in state of West Virginia. In comparison, the annual salary of loan officers in Parkersburg-Marietta-Vienna is 38.1 percent (38.1%) lower than that in the highest paying Washington-Arlington-Alexandria and 9.6 percent (9.6%) higher than that in the lowest paying Weirton-Steubenville.
| Cities/Areas | Median Annual Salary |
|---|---|
| Washington-Arlington-Alexandria | |
| Winchester | |
| Hagerstown-Martinsburg | |
| Morgantown | |
| North Central West Virginia nonmetropolitan area | |
| Southern West Virginia nonmetropolitan area | |
| Wheeling | |
| Huntington-Ashland | |
| Steubenville-Weirton | |
| Parkersburg-Marietta-Vienna | |
| Beckley | |
| Charleston | |
| Cumberland | |
| Weirton-Steubenville |