The annual salary statistics of loan officers in Beaumont-Port Arthur, Texas is shown in Table 1. The wage statistics of loan officers in Beaumont-Port Arthur is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $36,730 |
| 25th Percentile Wage | $44,510 |
| 50th Percentile Wage | $56,510 |
| 75th Percentile Wage | $80,370 |
| 90th Percentile Wage | $95,520 |
Table 1 shows the average annual salary for loan officers in Beaumont-Port Arthur, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $95,520. The median (50th percentile) annual salary is $56,510. The average annual salary for the bottom 10 percent earners is $36,730.
The table and chart below show the trend of the median salary of loan officers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $56,510 | -6.37% | 21.20% |
| 2021 | $60,110 | -11.61% | - |
| 2020 | $67,090 | -3.43% | - |
| 2019 | $69,390 | -3.55% | - |
| 2018 | $71,850 | 2.42% | - |
| 2017 | $70,110 | 14.95% | - |
| 2016 | $59,630 | 12.41% | - |
| 2015 | $52,230 | -1.32% | - |
| 2014 | $52,920 | 2.76% | - |
| 2013 | $51,460 | 13.47% | - |
| 2012 | $44,530 | - | - |
From Table 3 we note that the median annual salary of $56,510 in Beaumont-Port Arthur is in the middle of salary range for loan officers in state of Texas. In comparison, the annual salary of loan officers in Beaumont-Port Arthur is 25.4 percent (25.4%) lower than that in the highest paying Dallas-Fort Worth-Arlington and 19.8 percent (19.8%) higher than that in the lowest paying Laredo.