Loan Officers Salary in Waco, TX

BLS Occupational Employment & Wage Statistics • May 2025 • Waco, TX

Median annual salary $61,680 -16.9% vs national
Median hourly $29.66
10th percentile $33,900
90th percentile $154,630
Employed locally 170
National median $74,180

Compare Loan Officers salary & buying power

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

Full tool →
Loan Officers
in
Waco, TX
vs

    Salary percentile breakdown

    10th
    $33,900
    25th
    $47,950
    50th (median)
    $61,680
    75th
    $90,240
    90th
    $154,630

    Waco economic context

    Unemployment rate 3.80% 2024 annual avg • BLS LAUS
    Median household income $63,880 2023 • Census ACS
    Loan Officers salary vs area income 97% Median Loan Officers salary is 3% 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 Waco, TX

    OccupationMedian salary
    Claims Adjusters, Examiners, and Investigators $70,430
    Project Management Specialists $74,280
    Accountants and Auditors $72,500
    Business Operations Specialists, All Other $76,250
    Human Resources Specialists $59,590
    Training and Development Specialists $60,730

    Frequently asked questions

    How much do Loan Officers make per hour in Waco?

    The median hourly wage for Loan Officers in Waco, TX is $29.66, based on BLS OEWS 2025 data. Top earners (90th percentile) make $67.09 or more per hour.

    Is Waco above or below average for Loan Officers salaries?

    The median Loan Officers salary in Waco, TX is 16.9% 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 Waco?

    Entry-level Loan Officers (10th percentile) earn around $33,900 per year in Waco, TX. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $47,950.