Loan Officers Salary in Sherman, TX

BLS Occupational Employment & Wage Statistics • May 2025 • Sherman-Denison, TX

Median annual salary $57,040 -23.1% vs national
Median hourly $27.42
10th percentile $36,860
90th percentile $142,580
Employed locally 60
National median $74,180

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Loan Officers
in
Sherman, TX
vs

    Salary percentile breakdown

    10th
    $36,860
    25th
    $50,470
    50th (median)
    $57,040
    75th
    $87,930
    90th
    $142,580

    Sherman economic context

    Unemployment rate 3.90% 2024 annual avg • BLS LAUS
    Median household income $70,455 2023 • Census ACS
    Loan Officers salary vs area income 81% Median Loan Officers salary is 19% 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 Sherman, TX

    OccupationMedian salary
    Accountants and Auditors $72,410
    Human Resources Specialists $58,420
    Project Management Specialists $76,020
    Buyers and Purchasing Agents $63,320
    Business Operations Specialists, All Other $68,390
    Market Research Analysts and Marketing Specialists $56,470

    Frequently asked questions

    How much do Loan Officers make per hour in Sherman?

    The median hourly wage for Loan Officers in Sherman, TX is $27.42, based on BLS OEWS 2025 data. Top earners (90th percentile) make $80.20 or more per hour.

    Is Sherman above or below average for Loan Officers salaries?

    The median Loan Officers salary in Sherman, TX is 23.1% 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 Sherman?

    Entry-level Loan Officers (10th percentile) earn around $36,860 per year in Sherman, TX. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $50,470.