The annual salary statistics of loan officers in Las Vegas-Paradise, Nevada is shown in Table 1. The wage data of loan officers in Las Vegas-Paradise 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 | $30,410 |
| 25th Percentile Wage | $39,880 |
| 50th Percentile Wage | $69,040 |
| 75th Percentile Wage | $156,420 |
| 90th Percentile Wage | $227,820 |
Table 1 shows the average annual salary for loan officers in Las Vegas-Paradise, Nevada in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $227,820. The median (50th percentile) annual salary is $69,040. The average annual salary for the bottom 10 percent earners is $30,410.
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 | $69,040 | -13.67% | 18.31% |
| 2021 | $78,480 | 32.02% | - |
| 2020 | $53,350 | -12.24% | - |
| 2019 | $59,880 | -2.59% | - |
| 2018 | $61,430 | -4.12% | - |
| 2017 | $63,960 | -0.27% | - |
| 2016 | $64,130 | 11.60% | - |
| 2015 | $56,690 | -4.41% | - |
| 2014 | $59,190 | 2.87% | - |
| 2013 | $57,490 | 1.90% | - |
| 2012 | $56,400 | - | - |
From Table 3 we note that with a median annual salary of $69,040, Las Vegas-Paradise is the highest paying city for loan officers in state of Nevada, followed by Carson City (median annual salary $66,370). In comparison, the median annual salary of loan officers in Las Vegas-Paradise is 3.9 percent (3.9%) higher than that in Carson City.
| Cities/Areas | Median Annual Salary |
|---|---|
| Las Vegas-Paradise | |
| Carson City | |
| Nevada nonmetropolitan area | |
| Reno-Sparks | |
| Other Nevada nonmetropolitan area | |
| Western Central Nevada nonmetropolitan area |