SalaryNode

Average Loan Officers Salary in Beaumont-Port Arthur, TX

The average salary for Loan Officerss in Beaumont-Port Arthur, TX is $66,200. While this is lower than the national average, the cost of living in Beaumont-Port Arthur, TX may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $66,200 per year.
  • Growth Trend: Salaries have shifted 18.1% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $97,460.
  • Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 180 professionals. This role remains a specialized component of the broader Beaumont-Port Arthur, TX economy.
2024 Market Data

Salary Overview

$66,200

The average Loan Officers in Beaumont-Port Arthur, TX earns-23.2%below the national average.

BreakdownBased on 40h/week
Hourly

$31.8

Weekly

$1,273

Monthly

$5,517

Loan Officers Salary Distribution in Beaumont-Port Arthur, TX

The earning potential for Loan Officerss in Beaumont-Port Arthur, TX varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $39,330, while highly experienced professionals can command wages upwards of $97,460.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$39,330$18.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$49,650$23.9
ManagerOversees team, compliance, and project delivery.50% (Median)$61,770$29.7
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$82,750$39.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$97,460$46.9

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$66,200

Gross Pay

Real Wage (Purchasing Power)

$66,200

Adjusted for COL (100)

In Beaumont-Port Arthur, TX, the Cost of Living Index is 100. This increases your effective purchasing power from $66,200 to $66,200.

Job Market Context

180

Total Jobs

1.141

Per 1K Jobs

0.61

Location Quotient

Below Average

Beaumont-Port Arthur, TX has 0.61x the national average concentration of Loan Officers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

180 people work as Loan Officers in Beaumont-Port Arthur, TX.

1.141 out of every 1,000 local jobs are Loan Officers positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Loan Officers

Comparing salaries near Beaumont-Port Arthur, TX

Hiring Loan Officerss?

Frequently Asked Questions

How much does a Loan Officers make in Beaumont-Port Arthur, TX?

The median annual salary for a Loan Officers in Beaumont-Port Arthur, TX is $66,200. This typically ranges from $39,330 for entry-level positions to $97,460 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Beaumont-Port Arthur, TX is 23.2% lower than the national median of $86,220.

Is Beaumont-Port Arthur, TX a good place for Loan Officerss?

It depends on your priorities. While the average Loan Officers salary in Beaumont-Port Arthur, TX is $66,200 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Beaumont-Port Arthur, TX. See distinct detailed breakdown below.

Is Beaumont-Port Arthur, TX a good place to live for Loan Officers?

The Cost of Living Index in Beaumont-Port Arthur, TX is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Beaumont-Port Arthur, TX?

Some top paying nearby cities include Lake Charles, LA ($66,930) and Houston-Pasadena-The Woodlands, TX.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 180 employees in the Beaumont-Port Arthur, TX area with a job density of 1.141 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.