The annual salary statistics of loan officers in Killeen-Temple-Fort Hood, Texas is shown in Table 1. The wage data of loan officers in Killeen-Temple-Fort Hood 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 | $27,100 |
| 25th Percentile Wage | $38,700 |
| 50th Percentile Wage | $59,600 |
| 75th Percentile Wage | $86,460 |
| 90th Percentile Wage | $120,980 |
Table 1 shows the average annual salary for loan officers in Killeen-Temple-Fort Hood, Texas in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $120,980. The median (50th percentile) annual salary is $59,600. The average annual salary for the bottom 10 percent earners is $27,100.
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 | $59,600 | 10.39% | -4.88% |
| 2021 | $53,410 | -26.74% | - |
| 2020 | $67,690 | -7.02% | - |
| 2019 | $72,440 | 5.31% | - |
| 2018 | $68,590 | -4.97% | - |
| 2017 | $72,000 | -1.47% | - |
| 2016 | $73,060 | 17.31% | - |
| 2015 | $60,410 | 3.81% | - |
| 2014 | $58,110 | -4.37% | - |
| 2013 | $60,650 | -3.07% | - |
| 2012 | $62,510 | - | - |
From Table 3 we note that the median annual salary of $59,600 in Killeen-Temple-Fort Hood is in the middle of salary range for loan officers in state of Texas. In comparison, the annual salary of loan officers in Killeen-Temple-Fort Hood is 21.3 percent (21.3%) lower than that in the highest paying Dallas-Fort Worth-Arlington and 24.0 percent (24.0%) higher than that in the lowest paying Laredo.