Loan Officers Salary
Loan Officers in Tyler, TX make a median of $51,870 a year, or about $24.94 an hour. The range runs from $38K at the entry level to $163K for experienced workers. Note: the mean (average) wage is $80K, significantly higher than the median. This typically reflects a mix of employment settings including academic and private practice positions. Cost of living is below average (RPP 92.16), which stretches that salary to about $56,283 in buying power. A 2-bedroom apartment runs $1,338/month, about 37.1% of take-home, which is tight.
So what does $52K get you in Tyler?
Groceries, utilities, transportation, and healthcare scaled from national averages by Tyler’s Regional Price Parity (92.16). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About loan officers
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What this looks like in Tyler
Pay for loan officers in Tyler runs about 32% below the U.S. median of $77K. The catch: housing math doesn't keep up. A 2-bedroom at the HUD median rents for $1,338/month, which is 36.7% of the median worker's take-home, past the 30% guideline most planners use. Regional Price Parity sits at 92.16 (national = 100), meaning everyday costs run about 8% cheaper here. Your dollar stretches further than the headline salary suggests. That combination, below-market pay with high housing costs, makes this a financially demanding market for loan officerss.
Compared to nearby metros
Median pay for loan officers in metros near Tyler, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Dallas-Fort Worth-Arlington | $74K | $72K |
| Houston-Pasadena-The Woodlands | $68K | $68K |
| Austin-Round Rock-San Marcos | $59K | $60K |
| San Antonio-New Braunfels | $67K | $71K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Tyler, TX
Entry-level loan officers (10th percentile) start around $38K. Mid-career wages sit at $52K. Top earners bring in $163K or more, a $126K spread from bottom to top.
Loan Officers pay across states
Median income ranked highest to lowest, compared to the national figure
View Loan Officers salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| Massachusetts | $102K | +32% | 4,470 |
| Connecticut | $96K | +25% | 2,220 |
| New York | $96K | +25% | 10,840 |
| Minnesota | $95K | +24% | 6,430 |
| Colorado | $95K | +23% | 3,230 |
| Oregon | $94K | +23% | 4,220 |
| New Jersey | $93K | +21% | 6,200 |
| District of Columbia | $93K | +21% | 370 |
| Vermont | $89K | +16% | 350 |
| Kansas | $87K | +13% | 3,540 |
| North Dakota | $85K | +10% | 1,370 |
| Iowa | $84K | +9% | 2,840 |
| Delaware | $83K | +8% | 1,420 |
| Maine | $82K | +7% | 1,060 |
| California | $82K | +7% | 25,790 |
| New Hampshire | $81K | +5% | 1,120 |
| Washington | $80K | +4% | 6,040 |
| South Dakota | $80K | +4% | 1,820 |
| Nebraska | $80K | +4% | 2,710 |
| Wyoming | $80K | +4% | 740 |
| Illinois | $79K | +3% | 10,890 |
| Virginia | $78K | +2% | 8,790 |
| Wisconsin | $78K | +2% | 4,940 |
| Rhode Island | $77K | +1% | 1,290 |
| Ohio | $76K | -0% | 9,880 |
| North Carolina | $76K | -1% | 10,700 |
| Michigan | $74K | -3% | 11,340 |
| Missouri | $74K | -4% | 7,050 |
| Maryland | $74K | -4% | 3,850 |
| Oklahoma | $73K | -5% | 4,100 |
| Indiana | $73K | -5% | 4,790 |
| Alaska | $73K | -5% | 490 |
| Montana | $72K | -7% | 1,180 |
| Florida | $71K | -7% | 18,830 |
| Idaho | $71K | -7% | 2,030 |
| Arkansas | $70K | -8% | 2,610 |
| Pennsylvania | $69K | -10% | 8,140 |
| Georgia | $68K | -11% | 9,540 |
| Alabama | $67K | -13% | 5,050 |
| Texas | $66K | -13% | 21,200 |
| Nevada | $65K | -16% | 2,580 |
| Hawaii | $64K | -17% | 980 |
| South Carolina | $63K | -18% | 4,140 |
| Tennessee | $63K | -18% | 6,510 |
| New Mexico | $63K | -18% | 1,140 |
| Arizona | $62K | -19% | 10,020 |
| Kentucky | $62K | -19% | 3,940 |
| Louisiana | $61K | -20% | 2,810 |
| Mississippi | $60K | -21% | 3,450 |
| Utah | $59K | -22% | 3,990 |
| West Virginia | $58K | -25% | 1,290 |
Showing 1–10 of 51 (all 50 states + DC)
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Frequently asked questions
Can a loan officer afford a 2BR apartment alone in Tyler?
It’s a stretch — at the median salary of $52K, rent takes 36.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,338/month. The 30% guideline puts the comfortable ceiling at roughly $1,100/month in rent — so roommates or a 1-bedroom would ease the math significantly.
What’s the entry-level salary for loan officers in Tyler?
The 10th-percentile wage — what new loan officers typically earn — is $38K/year. Take-home on that works out to about $2,267/month. At HUD’s $1,338/month FMR, rent would take 59% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is loan officer a high-paying job in Tyler?
Local pay runs 32% below the national median — $52K here vs. $77K nationally. Cost of living is 8% below the national average, which narrows that gap in real purchasing power.
How does Tyler compare to the national average for loan officers?
Tyler pays $52K median vs. the U.S. average of $77K — that’s -32%. After adjusting for local cost of living (RPP 92.16), the purchasing-power equivalent is $56K — below the national median.
How much do loan officers make in Tyler, TX?
The median is $51,870 a year, that works out to about $25 an hour. But the range is wide: entry-level workers start around $37,780, and experienced loan officers can clear $163,440. The mean (average) is $79,560, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $52K enough to live in Tyler?
On that salary, you'd take home roughly $3,643/month after taxes. A 2-bedroom here rents for about $1,338/month, which eats 36.7% of your paycheck. That's above the 30% rule of thumb, housing will be a stretch at the median salary, though you can manage with roommates or a smaller place.
How far does a loan officers salary go in Tyler?
Tyler has a Regional Price Parity of 92.16 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median loan officers salary is worth about $56,283 in national-average purchasing power.
Where do loan officers get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.