Loan Officer Salary in Texas
Based on 21K+ workers in Texas
Median Annual Salary (TX)
$66,370
$31.91/hr
vs National Average
$76,354
-13.1% vs national median
Salary Range (10th–90th)
$34K – $135K
21K employed in Texas
Understanding the Loan Officer salary in Texas is crucial for those entering or advancing in this field. The median annual salary for a Loan Officer in Texas sits at $66,370. This figure represents the midpoint of earnings, with a broad range observed from $34,150 to $135,280. Notably, this median salary is 13% below the national average, indicating a distinct compensation landscape within the state, where approximately 21,200 individuals are employed in this role.
Several factors can influence a Loan Officer salary in Texas. Beyond the general median, individual compensation is often shaped by experience level, with entry-level positions typically earning less than seasoned professionals. The specific type of lending institution, whether a large bank or a smaller credit union, and the geographic location within Texas can also impact earnings. Furthermore, performance-based bonuses and commission structures play a significant role in the overall earning potential for Loan Officers.
Salary Distribution — Loan Officer in Texas
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $34,150 |
| 25th percentile | $48,030 |
| Median (50th percentile) | $66,370 |
| 75th percentile | $95,770 |
| 90th percentile | $135,280 |
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 Texas 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 Texas vs National
| Year | Median Salary (Texas) |
|---|---|
| 2022 | $66,290 |
| 2023 | $65,850 |
| 2024 | $63,770 |
| 2025 | $66,370 |
| 2026 (projected) | $69,076 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Texas Median | National Median |
|---|---|---|
| 2022 | $66,290 | $68,453 |
| 2023 | $65,850 | $70,692 |
| 2024 | $63,770 | $73,485 |
| 2025 | $66,370 | $76,354 |
| 2026 (projected) | $69,076 | $79,467 |
Loan Officer Salary by Experience Level in Texas
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $48,030 |
| Mid-level | 3-5 yrs | $66,370 |
| Senior | 6-9 yrs | $95,770 |
| Staff / Lead | 10+ yrs | $135,280 |
Loan Officer Salary in Other States
Related Loan Officer Salaries in Texas
How other high-demand occupations in Texas compare to Loan Officer ($66,370 median).
| Occupation | Median Salary | vs Loan Officer | Hourly |
|---|---|---|---|
| Financial Manager in TX | $164,860 | +148.4% | $79.26/hr |
| Economist in TX | $121,420 | +82.9% | $58.38/hr |
| Actuary in TX | $105,020 | +58.2% | $50.49/hr |
| Personal Financial Advisor in TX | $99,160 | +49.4% | $47.67/hr |
| Financial Analyst in TX | $99,150 | +49.4% | $47.67/hr |
| Budget Analyst in TX | $82,970 | +25.0% | $39.89/hr |
| Accountant in TX | $80,920 | +21.9% | $38.90/hr |
| Credit Analyst in TX | $78,730 | +18.6% | $37.85/hr |
| Securities Sales Agent in TX | $78,470 | +18.2% | $37.73/hr |
| Financial Examiner in TX | $78,140 | +17.7% | $37.57/hr |
| Compliance Officer in TX | $75,370 | +13.6% | $36.24/hr |
| Tax Examiner in TX | $71,650 | +8.0% | $34.45/hr |
Frequently Asked Questions
How much does a Loan Officer make in Texas?
- The median salary for a Loan Officer in Texas is $66,370 per year, which equates to approximately $32 per hour. The salary range for this role in Texas falls between $34,150 and $135,280 annually.
What is the average salary for a Loan Officer in Texas compared to the national average?
- Loan Officers in Texas earn 13.1% less than the national average. This means the median salary of $66,370 per year in Texas is lower than the national median.
How many Loan Officers are employed in Texas?
- There are approximately 21,200 Loan Officers employed in Texas. This indicates a significant number of professionals in this role across the state.
Is the salary for Loan Officers in Texas higher or lower than the national average?
- The salary for Loan Officers in Texas is lower than the national average by 13.1%. For example, the median annual salary in Texas is $66,370, which is below the national median.