The annual salary statistics of loan officers in Houston-Sugar Land-Baytown, Texas is shown in Table 1. The wage statistics of loan officers in Houston-Sugar Land-Baytown 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 | $31,250 |
| 25th Percentile Wage | $48,900 |
| 50th Percentile Wage | $75,650 |
| 75th Percentile Wage | $99,540 |
| 90th Percentile Wage | $132,490 |
Table 1 shows the average annual salary for loan officers in Houston-Sugar Land-Baytown, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $132,490. The median (50th percentile) annual salary is $75,650. The average annual salary for the bottom 10 percent earners is $31,250.
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 | $75,650 | 17.26% | 7.36% |
| 2021 | $62,590 | -1.97% | - |
| 2020 | $63,820 | 0.03% | - |
| 2019 | $63,800 | -20.58% | - |
| 2018 | $76,930 | -7.40% | - |
| 2017 | $82,620 | -11.70% | - |
| 2016 | $92,290 | 28.44% | - |
| 2015 | $66,040 | -16.08% | - |
| 2014 | $76,660 | 12.09% | - |
| 2013 | $67,390 | -3.99% | - |
| 2012 | $70,080 | - | - |
From Table 3 we note that with a median annual salary of $75,650, Houston-Sugar Land-Baytown is the second highest paying city for loan officers in state of Texas, following the highest paying city Dallas-Fort Worth-Arlington (median annual salary of $75,740). Compared with Dallas-Fort Worth-Arlington, the median annual salary of loan officers in Houston-Sugar Land-Baytown is .1 percent (.1%) lower.