The annual salary statistics of loan officers in Brownsville-Harlingen, Texas is shown in Table 1. The wage information of loan officers in Brownsville-Harlingen 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 | $28,650 |
| 25th Percentile Wage | $34,450 |
| 50th Percentile Wage | $48,950 |
| 75th Percentile Wage | $65,910 |
| 90th Percentile Wage | $98,120 |
Table 1 shows the average annual salary for loan officers in Brownsville-Harlingen, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $98,120. The median (50th percentile) annual salary is $48,950. The average annual salary for the bottom 10 percent earners is $28,650.
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 | $48,950 | 10.75% | 5.80% |
| 2021 | $43,690 | -48.07% | - |
| 2020 | $64,690 | 23.62% | - |
| 2019 | $49,410 | -37.60% | - |
| 2018 | $67,990 | 5.60% | - |
| 2017 | $64,180 | 39.72% | - |
| 2014 | $38,690 | 7.24% | - |
| 2013 | $35,890 | -28.48% | - |
| 2012 | $46,110 | - | - |
From Table 3 we note that the median annual salary of $48,950 in Brownsville-Harlingen is in the middle of salary range for loan officers in state of Texas. In comparison, the annual salary of loan officers in Brownsville-Harlingen is 35.4 percent (35.4%) lower than that in the highest paying Dallas-Fort Worth-Arlington and 7.5 percent (7.5%) higher than that in the lowest paying Laredo.