The annual salary statistics of loan officers in Cape Girardeau-Jackson, Missouri is shown in Table 1. The wage data of loan officers in Cape Girardeau-Jackson 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 | $34,680 |
| 25th Percentile Wage | $56,520 |
| 50th Percentile Wage | $72,940 |
| 75th Percentile Wage | $97,800 |
| 90th Percentile Wage | $131,370 |
Table 1 shows the average annual salary for loan officers in Cape Girardeau-Jackson, Missouri in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $131,370. The median (50th percentile) annual salary is $72,940. The average annual salary for the bottom 10 percent earners is $34,680.
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 | $72,940 | 17.59% | -4.48% |
| 2021 | $60,110 | -8.37% | - |
| 2020 | $65,140 | 5.89% | - |
| 2019 | $61,300 | -5.66% | - |
| 2018 | $64,770 | 5.93% | - |
| 2017 | $60,930 | -5.56% | - |
| 2016 | $64,320 | 7.54% | - |
| 2015 | $59,470 | -9.62% | - |
| 2014 | $65,190 | -4.86% | - |
| 2013 | $68,360 | -11.48% | - |
| 2012 | $76,210 | - | - |
From Table 3 we note that the median annual salary of $72,940 in Cape Girardeau-Jackson is in the middle of salary range for loan officers in state of Missouri. In comparison, the annual salary of loan officers in Cape Girardeau-Jackson is 6.8 percent (6.8%) lower than that in the highest paying Fayetteville-Springdale-Rogers and 22.8 percent (22.8%) higher than that in the lowest paying Columbia.
| Cities/Areas | Median Annual Salary |
|---|---|
| Fayetteville-Springdale-Rogers | |
| Kansas City | |
| Joplin | |
| St Louis | |
| Springfield | |
| Southwest Missouri nonmetropolitan area | |
| Cape Girardeau-Jackson | |
| St Joseph | |
| Central Missouri nonmetropolitan area | |
| Southeast Missouri nonmetropolitan area | |
| Jefferson City | |
| North Missouri nonmetropolitan area | |
| Columbia |