Loan Officer Salary in Arkansas
Based on 3K+ workers in Arkansas
Median Annual Salary (AR)
$70,260
$33.78/hr
vs National Average
$76,354
-8.0% vs national median
Salary Range (10th–90th)
$39K – $137K
3K employed in Arkansas
Loan Officer salary in Arkansas averages $70,260 annually, reflecting the compensation for approximately 2,610 professionals in the state. This figure sits 8% below the national average, positioning Arkansas slightly lower than the broader market. However, the field offers a substantial range of earning potential, with salaries spanning from $39,210 to $136,500 depending on individual circumstances.
Several factors influence Loan Officer salary in Arkansas, including years of experience, educational credentials, and licensing status. The type of lending institution—whether working for a bank, credit union, or mortgage company—significantly impacts earnings potential. Geographic location within the state, performance metrics, and client base size also play important roles in determining individual compensation levels.
Salary Distribution — Loan Officer in Arkansas
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $39,210 |
| 25th percentile | $51,990 |
| Median (50th percentile) | $70,260 |
| 75th percentile | $106,700 |
| 90th percentile | $136,500 |
Top-Paying Industries for Loan Officer (U.S.)
Which industries pay Loan Officers the most — nationwide figures (industry-level data is not available by state). Loan Officers in Arkansas tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Retail Trade | $103,260 | 12K |
| Real Estate and Rental and Leasing | $84,090 | 3K |
| Government (excl. schools, hospitals & USPS) | $81,330 | 6K |
| Management of Companies and Enterprises | $79,570 | 12K |
| Other Services (except Public Administration) | $77,140 | 560 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Loan Officer in Arkansas vs National
| Year | Median Salary (Arkansas) |
|---|---|
| 2022 | $71,560 |
| 2023 | $69,100 |
| 2024 | $70,050 |
| 2025 | $70,260 |
| 2026 (projected) | $70,471 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Arkansas Median | National Median |
|---|---|---|
| 2022 | $71,560 | $68,453 |
| 2023 | $69,100 | $70,692 |
| 2024 | $70,050 | $73,485 |
| 2025 | $70,260 | $76,354 |
| 2026 (projected) | $70,471 | $76,583 |
Loan Officer Salary by Experience Level in Arkansas
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $51,990 |
| Mid-level | 3-5 yrs | $70,260 |
| Senior | 6-9 yrs | $106,700 |
| Staff / Lead | 10+ yrs | $136,500 |
Loan Officer Salary in Other States
Related Loan Officer Salaries in Arkansas
How other high-demand occupations in Arkansas compare to Loan Officer ($70,260 median).
| Occupation | Median Salary | vs Loan Officer | Hourly |
|---|---|---|---|
| Financial Manager in AR | $116,570 | +65.9% | $56.04/hr |
| Economist in AR | $91,560 | +30.3% | $44.02/hr |
| Financial Analyst in AR | $81,110 | +15.4% | $39.00/hr |
| Personal Financial Advisor in AR | $79,420 | +13.0% | $38.18/hr |
| Budget Analyst in AR | $71,800 | +2.2% | $34.52/hr |
| Credit Analyst in AR | $71,370 | +1.6% | $34.31/hr |
| Accountant in AR | $66,330 | -5.6% | $31.89/hr |
| Compliance Officer in AR | $64,680 | -7.9% | $31.10/hr |
| Tax Examiner in AR | $60,600 | -13.7% | $29.13/hr |
| Financial Examiner in AR | $57,590 | -18.0% | $27.69/hr |
| Insurance Sales Agent in AR | $56,720 | -19.3% | $27.27/hr |
| Securities Sales Agent in AR | $54,660 | -22.2% | $26.28/hr |
Frequently Asked Questions
How much do loan officers make in Arkansas?
- The median salary for loan officers in Arkansas is $70,260 per year, or $34 per hour. This is approximately 8% below the national average for this position.
What is the salary range for loan officers in Arkansas?
- Loan officer salaries in Arkansas range from $39,210 at the lower end to $136,500 at the higher end, depending on experience, employer, and individual performance.
How many loan officers are employed in Arkansas?
- There are currently 2,610 loan officers employed in Arkansas, representing a substantial workforce in the lending industry within the state.
Is the loan officer salary in Arkansas competitive compared to the national average?
- The median loan officer salary in Arkansas at $70,260 is 8% lower than the national average, making it slightly less competitive than other states, though the $136,500 ceiling shows potential for higher earnings with experience.