SalaryNode

Average Loan Officers Salary in Coastal Plains Region of Texas nonmetropolitan area

The average salary for a Loan Officers in Coastal Plains Region of Texas nonmetropolitan area is $84,630. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $84,630 per year.
  • Growth Trend: Salaries have shifted 16.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $165,390.
  • Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 160 professionals. This role remains a specialized component of the broader Coastal Plains Region of Texas nonmetropolitan area economy.
2024 Market Data

Salary Overview

$84,630

The average Loan Officers in Coastal Plains Region of Texas nonmetropolitan area earns-1.8%below the national average.

BreakdownBased on 40h/week
Hourly

$40.7

Weekly

$1,628

Monthly

$7,053

Loan Officers Salary Distribution in Coastal Plains Region of Texas nonmetropolitan area

The earning potential for Loan Officerss in Coastal Plains Region of Texas nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $36,250, while highly experienced professionals can command wages upwards of $165,390.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$36,250$17.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$63,473$30.5
ManagerOversees team, compliance, and project delivery.50% (Median)$75,790$36.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$105,788$50.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$165,390$79.5

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$84,630

Gross Pay

Real Wage (Purchasing Power)

$84,630

Adjusted for COL (100)

In Coastal Plains Region of Texas nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $84,630 to $84,630.

Job Market Context

160

Total Jobs

1.066

Per 1K Jobs

0.57

Location Quotient

Below Average

Coastal Plains Region of Texas nonmetropolitan area has 0.57x 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.

160 people work as Loan Officers in Coastal Plains Region of Texas nonmetropolitan area.

1.066 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 Coastal Plains Region of Texas nonmetropolitan area

Hiring Loan Officerss?

Frequently Asked Questions

How much does a Loan Officers make in Coastal Plains Region of Texas nonmetropolitan area?

The median annual salary for a Loan Officers in Coastal Plains Region of Texas nonmetropolitan area is $84,630. This typically ranges from $36,250 for entry-level positions to $165,390 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Coastal Plains Region of Texas nonmetropolitan area is 1.8% lower than the national median of $86,220.

Is Coastal Plains Region of Texas nonmetropolitan area a good place for Loan Officerss?

It depends on your priorities. While the average Loan Officers salary in Coastal Plains Region of Texas nonmetropolitan area is $84,630 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Coastal Plains Region of Texas nonmetropolitan area. See distinct detailed breakdown below.

Is Coastal Plains Region of Texas nonmetropolitan area a good place to live for Loan Officers?

The Cost of Living Index in Coastal Plains Region of Texas nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Coastal Plains Region of Texas nonmetropolitan area?

Some top paying nearby cities include Killeen-Temple, TX ($68,800) and Waco, TX.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 160 employees in the Coastal Plains Region of Texas nonmetropolitan area area with a job density of 1.066 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.