Compared with the local labor market
Loan Specialist pay vs. the Miami-Fort Lauderdale-West Palm Beach, FL area
Across all employers in the Miami-Fort Lauderdale-West Palm Beach, FL area, the median wage for Loan Officers — about 4,190 people — is $71,510. Housing and Community Development pays a median base salary of $77,890 for this role, 9% above that figure — about the 55th percentile of local pay for the occupation.
Where Housing and Community Development sits in the local pay range
$33,140
$47,490
$71,510
$102,640
$148,600
Housing and Community Development median · $77,890
The bar is the range of annual wages for Loan Officers across every employer in the Miami-Fort Lauderdale-West Palm Beach, FL area, from the 10th to the 90th percentile, with the middle 50% highlighted. The marker shows Housing and Community Development’s median base salary for this role. Both figures are base pay only.
And across the country
Nationwide, the median wage for Loan Officers — about 274,330 people — is $76,690. Housing and Community Development’s median base salary is 2% above that national figure, about the 51st percentile of pay for the occupation nationally.
$39,430
$52,730
$76,690
$104,080
$153,180
Housing and Community Development median · $77,890
Local and national wages differ for reasons beyond how well a job pays — cost of living, the mix of employers, and local demand for the occupation all move the Miami-Fort Lauderdale-West Palm Beach, FL range relative to the national one.
Median total compensation for this role at Housing and Community Development is $77,890, which includes overtime and employer-paid benefits. The benchmark above excludes both, so total compensation is deliberately not compared against it.
Benchmark: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (May 2025). BLS Occupational Employment and Wage Statistics (OEWS) covers all employers in the area — private, non-profit, and government alike — so this is a comparison against the whole local labor market for the occupation, not against private-sector pay. OEWS wages are straight-time pay and exclude overtime, shift differentials, and employer-paid benefits, so the government figure shown here is base pay on the same basis. Total compensation is not comparable to it. Job titles are matched to the closest standard occupation, so the comparison is between similar work rather than an identical job classification.