The annual salary statistics of loan officers in Dallas-Fort Worth-Arlington, Texas is shown in Table 1. The wage data of loan officers in Dallas-Fort Worth-Arlington 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 | $34,170 |
| 25th Percentile Wage | $51,220 |
| 50th Percentile Wage | $75,740 |
| 75th Percentile Wage | $98,000 |
| 90th Percentile Wage | $130,530 |
Table 1 shows the average annual salary for loan officers in Dallas-Fort Worth-Arlington, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $130,530. The median (50th percentile) annual salary is $75,740. The average annual salary for the bottom 10 percent earners is $34,170.
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 | $75,740 | 18.71% | 25.93% |
| 2021 | $61,570 | -22.14% | - |
| 2020 | $75,200 | 3.91% | - |
| 2019 | $72,260 | 5.73% | - |
| 2018 | $68,120 | -1.45% | - |
| 2017 | $69,110 | 3.44% | - |
| 2016 | $66,730 | 1.80% | - |
| 2015 | $65,530 | 5.78% | - |
| 2014 | $61,740 | 7.74% | - |
| 2013 | $56,960 | 1.51% | - |
| 2012 | $56,100 | - | - |
From Table 3 we note that with a median annual salary of $75,740, Dallas-Fort Worth-Arlington is the highest paying city for loan officers in state of Texas, followed by Houston-Sugar Land-Baytown (median annual salary $75,650). In comparison, the median annual salary of loan officers in Dallas-Fort Worth-Arlington is .1 percent (.1%) higher than that in Houston-Sugar Land-Baytown.