Loan Officers Salary in McAllen-Edinburg-Mission, TX
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in McAllen-Edinburg-Mission, TX is $58,900 per year as of 2024. That works out to roughly $28.32 per hour. This is 21% below the national median of $74,180. 290 people work as Loan Officers in McAllen-Edinburg-Mission, TX. Wages have declined 15% since 2014, when the median was $69,500.
Median Annual Salary
$58,900
Mean Annual
$73,600
Median Hourly
$28.32
Total Employed
290
Location Quotient
0.54
Less common here
Salary Distribution
How This Compares
McAllen-Edinburg-Mission, TX
$58,900
this metro
Texas
$63,770
you earn -8% vs state
United States
$74,180
you earn -21% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $58,900 |
| 2023 | $56,220 |
| 2022 | $58,690 |
| 2021 | $45,510 |
| 2020 | $65,340 |
| 2019 | $49,070 |
| 2018 | $61,380 |
| 2017 | $70,110 |
| 2016 | $77,110 |
| 2015 | $71,520 |
| 2014 | $69,500 |
Related Business and Financial Operations Occupations Jobs in McAllen-Edinburg-Mission, TX
Other occupations in the same group, sorted by salary.
| Claims Adjusters, Examiners, and Investigators | $79,790 |
| Financial and Investment Analysts | $69,220 |
| Compliance Officers | $67,660 |
| Management Analysts | $66,350 |
| Business Operations Specialists, All Other | $65,640 |
| Budget Analysts | $65,500 |