WHAT ARE THE AVERAGE
Wages & salaries for Loan officers in Cedar Rapids, IA ?

Overview Every year U.S. Department of Labor's Bureau of Labor Statistics releases employment and wage figures. This data was released in May 2006 and covers Wages & salaries for Loan officers in Cedar Rapids, IA Loan officers (Occupation [OCC] code: 13-2072) in Cedar Rapids, IA (BLS Area code: 16300 ) earned an average wage of $25.36 per hour and an average annual salary of $52,740 The BLS estimates that in Cedar Rapids, IA there were around 420 employed in the field of Loan officers.

Industry Comparison Industry comparison Loan officers in Cedar Rapids, IA earned 15% less than average for Loan officers in the United States. Region/area/city comparison Loan officers in Cedar Rapids, IA earned 46% more than the average worker in Cedar Rapids, IA. State salary comparison Loan officers in Cedar Rapids, IA earned 20% more than the average worker in Iowa. National salary comparison Loan officers in Cedar Rapids, IA earned 35% more than the average worker in the United States. Wage and salary details More detailed employment information for Loan officers in Cedar Rapids, IA Hourly wage data for Loan officers in Cedar Rapids, IA Mean hourly wage: $25.36 Tenth (10th) percentile hourly wage: $16.08 Twenty-fifth (25th) percentile hourly wage: $18.75 Fiftieth (50th) percentile wage [median] hourly wage: $24.26 Seventy-fifth (75th) percentile hourly wage: $29.33 Ninetieth (90th) percentile hourly wage: $35.46 Salary figures for Loan officers in Cedar Rapids, IA Mean annual salary: $52,740 Tenth (10th) percentile annual salary: $33,440 Twenty-fifth (25th) percentile annual salary: $39,000 Fiftieth (50th) percentile wage [median] annual salary: $50,450 Seventy-fifth (75th) percentile annual salary: $61,010 Ninetieth (90th) percentile annual salary: $73,770

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