Loan Officers Salary in McAllen, TX (2024)
Source: BLS OEWS May 2024 · McAllen-Edinburg-Mission, TX · 290 employed
The average Loan Officers salary in McAllen, TX is $73,600 per year. The middle 50% of Loan Officerss earn between $47,120 and $94,410. Top earners in the 90th percentile make $128,350 or more. Entry-level positions typically start around $35,550. The median of $58,900 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in McAllen, TX
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $35,550 |
| 25th Percentile | $47,120 |
| Median (50th Percentile) | $58,900 |
| Mean (Average) | $73,600 |
| 75th Percentile | $94,410 |
| 90th Percentile (Top earners) | $128,350 |
Related Jobs in McAllen, TX
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $95,740 |
| Claims Adjusters, Examiners, and Investigators | $76,870 |
| Management Analysts | $74,730 |
| Financial and Investment Analysts | $74,690 |
| Compliance Officers | $73,680 |
| Project Management Specialists | $71,900 |
Loan Officers Salaries in Other Cities
| City | Mean Annual |
|---|---|
| Dayton, OH | $135,040 |
| New York, NY | $125,440 |
| Elmira, NY | $123,770 |
| New Haven, CT | $114,840 |
| Washington, DC | $112,140 |
| Lawrence, KS | $111,560 |
| Boston, MA | $110,820 |
| San Francisco, CA | $109,880 |
Frequently Asked Questions
What is the average Loan Officers salary in McAllen, TX?
The average Loan Officers salary in McAllen, TX is $73,600 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in McAllen, TX?
The median Loan Officers salary in McAllen, TX is $58,900 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in McAllen, TX?
Entry-level Loan Officerss in McAllen, TX typically earn around $35,550 per year (10th percentile). Workers in the 25th percentile earn about $47,120.
What do the highest-paid Loan Officerss earn in McAllen, TX?
The highest-paid Loan Officerss in McAllen, TX earn $128,350 or more per year (90th percentile). The 75th percentile wage is $94,410.
How many Loan Officerss work in McAllen, TX?
There are approximately 290 Loan Officerss employed in the McAllen-Edinburg-Mission, TX area, per BLS OEWS May 2024.