Loan Officer salary in Fort Smith, AR-OK
Loan Officers in the Fort Smith, AR-OK metro area earn a median of $61,050 a year ($29.35 an hour), based on BLS data for 180 workers.
Pay ranges from $35,160 for the lowest-paid 10% to $139,930 for the top 10%. That is 20% lower than the national median of $76,690. Pay here is 13% lower than the Arkansas statewide median of $70,260. There are 1.8 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $79,050, above the median because a few high earners pull it up.
Pay range for loan officers in Fort Smith, AR-OK
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $35,160 | $16.90 |
| 25th percentile | $46,490 | $22.35 |
| Median | $61,050 | $29.35 |
| 75th percentile | $103,370 | $49.70 |
| 90th percentile (top earners) | $139,930 | $67.27 |
| Average (mean) | $79,050 | $38.00 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,087.50 |
| Semi-monthly (24 a year) | $2,543.75 |
| Biweekly (26 a year) | $2,348.08 |
| Weekly | $1,174.04 |
| Hourly | $29.35 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Enid, OK | $104,990 | 40 |
| Jonesboro, AR | $94,960 | 80 |
| Fayetteville-Springdale-Rogers, AR | $84,200 | 500 |
| Hot Springs, AR | $83,990 | 70 |
| Tulsa, OK | $79,080 | 960 |
| Oklahoma City, OK | $66,480 | 1,460 |
| Memphis, TN-MS-AR | $63,250 | 930 |
| Little Rock-North Little Rock-Conway, AR | $62,720 | 660 |
| Lawton, OK | $59,640 | 110 |
| Texarkana, TX-AR | $58,350 | 90 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Arkansas statewide figures.
Related jobs in Fort Smith, AR-OK
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $62,990 | $30.29 |
| Personal Financial Advisor | $65,520 | $31.50 |
| Financial and Investment Analysts | $82,300 | $39.57 |
| Property Appraisers and Assessors | $50,160 | $24.12 |
| Financial Specialists, All Other | $52,060 | $25.03 |
| Tax Preparer | $30,160 | $14.50 |
| Business Operations Specialists, All Other | $58,710 | $28.23 |
| Human Resources Specialist | $54,220 | $26.07 |
| Market Research Analysts and Marketing Specialists | $58,970 | $28.35 |
| Project Management Specialist | $74,990 | $36.05 |
| Buyers and Purchasing Agents | $57,380 | $27.59 |
| Training and Development Specialists | $45,480 | $21.87 |
| Management Analyst | $65,170 | $31.33 |
| Compliance Officer | $63,130 | $30.35 |
More: Business and Financial Operations Occupations · all salaries in Fort Smith, AR-OK
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Fort Smith, AR-OK?
The median salary for loan officers in the Fort Smith, AR-OK metro area is $61,050 a year, or $29.35 an hour. Pay ranges from $35,160 for the lowest-paid 10% to $139,930 for the top 10%.
How much do the highest-paid loan officers make in Fort Smith, AR-OK?
The top 10% of loan officers in the Fort Smith, AR-OK metro area earn at least $139,930 a year. The top 25% earn $103,370 or more.
What is the starting pay for loan officers in Fort Smith, AR-OK?
Entry-level pay (the 10th percentile) is about $35,160 a year, and a quarter of loan officers earn $46,490 or less.
How many loan officers work in Fort Smith, AR-OK?
About 180 loan officers are employed in the Fort Smith, AR-OK metro area, not counting the self-employed.