The annual salary statistics of loan officers in Dallas-Plano-Irving, Texas is shown in Table 1. The wage information of loan officers in Dallas-Plano-Irving 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 | $34,860 |
| 25th Percentile Wage | $50,750 |
| 50th Percentile Wage | $68,090 |
| 75th Percentile Wage | $98,020 |
| 90th Percentile Wage | $172,860 |
Table 1 shows the average annual salary for loan officers in Dallas-Plano-Irving, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $172,860. The median (50th percentile) annual salary is $68,090. The average annual salary for the bottom 10 percent earners is $34,860.
The table and chart below show the trend of the median salary of loan officers from 2012 to 2017.
| Year | Median Salary | Yearly Growth | 5-Year Growth |
|---|---|---|---|
| 2017 | $68,090 | -0.84% | 16.95% |
| 2016 | $68,660 | -1.03% | - |
| 2015 | $69,370 | 3.27% | - |
| 2014 | $67,100 | 13.20% | - |
| 2013 | $58,240 | 2.90% | - |
| 2012 | $56,550 | - | - |
From Table 3 we note that the median annual salary of $68,090 in Dallas-Plano-Irving is in the middle of salary range for loan officers in state of Texas. In comparison, the annual salary of loan officers in Dallas-Plano-Irving is 10.1 percent (10.1%) lower than that in the highest paying Dallas-Fort Worth-Arlington and 33.5 percent (33.5%) higher than that in the lowest paying Laredo.