Loan Officers Salary in El Paso, TX

BLS Occupational Employment & Wage Statistics • May 2025 • El Paso, TX

Median annual salary $48,810 -34.2% vs national
Median hourly $23.47
10th percentile $29,190
90th percentile $98,550
Employed locally 430
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how El Paso, TX stacks up on salary and cost of living.

Full tool →
Loan Officers
in
El Paso, TX
vs

    Salary percentile breakdown

    10th
    $29,190
    25th
    $40,500
    50th (median)
    $48,810
    75th
    $63,100
    90th
    $98,550

    El Paso economic context

    Unemployment rate 4.20% 2024 annual avg • BLS LAUS
    Median household income $58,800 2023 • Census ACS
    Loan Officers salary vs area income 83% Median Loan Officers salary is 17% below the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    Brownsville-Harlingen, TX $70,080
    Houston-Pasadena-The Woodlands, TX $69,010
    Midland, TX $67,470
    Victoria, TX $66,260
    San Antonio-New Braunfels, TX $65,000
    Austin-Round Rock-San Marcos, TX $64,310

    Related occupations in El Paso, TX

    OccupationMedian salary
    Compliance Officers $72,550
    Business Operations Specialists, All Other $73,940
    Accountants and Auditors $67,070
    Human Resources Specialists $54,970
    Project Management Specialists $76,100
    Training and Development Specialists $49,500

    Frequently asked questions

    How much do Loan Officers make per hour in El Paso?

    The median hourly wage for Loan Officers in El Paso, TX is $23.47, based on BLS OEWS 2025 data. Top earners (90th percentile) make $48.76 or more per hour.

    Is El Paso above or below average for Loan Officers salaries?

    The median Loan Officers salary in El Paso, TX is 34.2% below the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in El Paso?

    Entry-level Loan Officers (10th percentile) earn around $29,190 per year in El Paso, TX. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $40,500.