SalaryNode

Average Loan Officers Salary in Eastern Region of Texas nonmetropolitan area

The average salary for a Loan Officers in Eastern Region of Texas nonmetropolitan area is $80,160. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $80,160 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $152,000.
  • 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 Eastern Region of Texas nonmetropolitan area economy.
2024 Market Data

Salary Overview

$80,160

The average Loan Officers in Eastern Region of Texas nonmetropolitan area earns-7.0%below the national average.

BreakdownBased on 40h/week
Hourly

$38.5

Weekly

$1,542

Monthly

$6,680

Loan Officers Salary Distribution in Eastern Region of Texas nonmetropolitan area

The earning potential for Loan Officerss in Eastern Region of Texas nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $38,820, while highly experienced professionals can command wages upwards of $152,000.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$38,820$18.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$60,120$28.9
ManagerOversees team, compliance, and project delivery.50% (Median)$74,910$36
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$100,200$48.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$152,000$73.1

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$80,160

Gross Pay

Real Wage (Purchasing Power)

$80,160

Adjusted for COL (100)

In Eastern Region of Texas nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $80,160 to $80,160.

Job Market Context

160

Total Jobs

1.393

Per 1K Jobs

0.74

Location Quotient

Below Average

Eastern Region of Texas nonmetropolitan area has 0.74x 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 Eastern Region of Texas nonmetropolitan area.

1.393 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 Eastern Region of Texas nonmetropolitan area

Hiring Loan Officerss?

Frequently Asked Questions

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

The median annual salary for a Loan Officers in Eastern Region of Texas nonmetropolitan area is $80,160. This typically ranges from $38,820 for entry-level positions to $152,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Eastern Region of Texas nonmetropolitan area is 7.0% lower than the national median of $86,220.

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

It depends on your priorities. While the average Loan Officers salary in Eastern Region of Texas nonmetropolitan area is $80,160 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Eastern Region of Texas nonmetropolitan area. See distinct detailed breakdown below.

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

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

Where are the highest paying cities near Eastern 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 Eastern Region of Texas nonmetropolitan area area with a job density of 1.393 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.