Loan Officer salary in Midland, TX
Loan Officers in the Midland, TX metro area earn a median of $72,030 a year ($34.63 an hour), based on BLS data for 80 workers.
Pay ranges from $34,820 for the lowest-paid 10% to $182,960 for the top 10%. That is 6% lower than the national median of $76,690. Pay here is 9% higher than the Texas statewide median of $66,370. There are 0.63 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.36). The average (mean) salary is $87,100, above the median because a few high earners pull it up.
Pay range for loan officers in Midland, TX
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $34,820 | $16.74 |
| 25th percentile | $50,490 | $24.28 |
| Median | $72,030 | $34.63 |
| 75th percentile | $100,990 | $48.55 |
| 90th percentile (top earners) | $182,960 | $87.96 |
| Average (mean) | $87,100 | $41.88 |
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 | $6,002.50 |
| Semi-monthly (24 a year) | $3,001.25 |
| Biweekly (26 a year) | $2,770.38 |
| Weekly | $1,385.19 |
| Hourly | $34.63 |
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 |
|---|---|---|
| Dallas-Fort Worth-Arlington, TX | $73,930 | 8,370 |
| Victoria, TX | $70,790 | 60 |
| Sherman-Denison, TX | $69,900 | 50 |
| Waco, TX | $68,210 | 120 |
| Houston-Pasadena-The Woodlands, TX | $67,560 | 3,410 |
| College Station-Bryan, TX | $67,060 | 120 |
| San Antonio-New Braunfels, TX | $66,810 | 1,510 |
| Longview, TX | $66,620 | 180 |
| Laredo, TX | $64,170 | 50 |
| Brownsville-Harlingen, TX | $64,000 | 100 |
| Lubbock, TX | $63,520 | 280 |
| McAllen-Edinburg-Mission, TX | $61,500 | 250 |
| Amarillo, TX | $61,160 | 160 |
| San Angelo, TX | $60,860 | 50 |
| Killeen-Temple, TX | $60,750 | 170 |
| Beaumont-Port Arthur, TX | $60,440 | 200 |
| Austin-Round Rock-San Marcos, TX | $59,210 | 1,890 |
| El Paso, TX | $58,910 | 370 |
| Texarkana, TX-AR | $58,350 | 90 |
| Wichita Falls, TX | $58,240 | 70 |
| Corpus Christi, TX | $55,530 | 250 |
| Abilene, TX | $55,230 | 150 |
| Tyler, TX | $51,870 | 130 |
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 Texas statewide figures.
Related jobs in Midland, TX
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $100,890 | $48.51 |
| Financial and Investment Analysts | $106,460 | $51.18 |
| Financial Specialists, All Other | $72,450 | $34.83 |
| Personal Financial Advisor | $98,930 | $47.56 |
| Tax Preparer | $46,210 | $22.21 |
| Project Management Specialist | $98,170 | $47.20 |
| Business Operations Specialists, All Other | $87,890 | $42.26 |
| Human Resources Specialist | $78,650 | $37.81 |
| Buyers and Purchasing Agents | $75,430 | $36.27 |
| Compliance Officer | $83,820 | $40.30 |
| Training and Development Specialists | $64,280 | $30.91 |
| Market Research Analysts and Marketing Specialists | $72,550 | $34.88 |
| Cost Estimator | $82,540 | $39.68 |
| Logistician | $81,890 | $39.37 |
More: Business and Financial Operations Occupations · all salaries in Midland, TX
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 Midland, TX?
The median salary for loan officers in the Midland, TX metro area is $72,030 a year, or $34.63 an hour. Pay ranges from $34,820 for the lowest-paid 10% to $182,960 for the top 10%.
How much do the highest-paid loan officers make in Midland, TX?
The top 10% of loan officers in the Midland, TX metro area earn at least $182,960 a year. The top 25% earn $100,990 or more.
What is the starting pay for loan officers in Midland, TX?
Entry-level pay (the 10th percentile) is about $34,820 a year, and a quarter of loan officers earn $50,490 or less.
How many loan officers work in Midland, TX?
About 80 loan officers are employed in the Midland, TX metro area, not counting the self-employed.