Loan Officers Salary in McAllen, TX

BLS Occupational Employment & Wage Statistics • May 2025 • McAllen-Edinburg-Mission, TX

Median annual salary $58,900 -20.6% vs national
Median hourly $28.32
10th percentile $35,550
90th percentile $128,350
Employed locally 290
National median $74,180

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Loan Officers
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McAllen, TX
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    Salary percentile breakdown

    10th
    $35,550
    25th
    $47,120
    50th (median)
    $58,900
    75th
    $94,410
    90th
    $128,350

    McAllen economic context

    Unemployment rate 6.00% 2024 annual avg • BLS LAUS
    Median household income $52,281 2023 • Census ACS
    Loan Officers salary vs area income 113% Median Loan Officers salary is 13% above 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 McAllen, TX

    OccupationMedian salary
    Compliance Officers $67,660
    Accountants and Auditors $62,420
    Human Resources Specialists $50,360
    Project Management Specialists $64,060
    Market Research Analysts and Marketing Specialists $43,730
    Business Operations Specialists, All Other $65,640

    Frequently asked questions

    How much do Loan Officers make per hour in McAllen?

    The median hourly wage for Loan Officers in McAllen, TX is $28.32, based on BLS OEWS 2025 data. Top earners (90th percentile) make $63.49 or more per hour.

    Is McAllen above or below average for Loan Officers salaries?

    The median Loan Officers salary in McAllen, TX is 20.6% 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 McAllen?

    Entry-level Loan Officers (10th percentile) earn around $35,550 per year in McAllen, TX. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $47,120.