Loan Officers pay range in McAllen
New workers and the lowest-paid 10% earn about $38,170 a year or less, while the top 10% make $132,070 or more. The middle half of loan officers in McAllen earn between $48,720 and $89,680.
- $38K10th
- $49K25th
- $62KMedian
- $90K75th
- $132K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $76,900 | $6,408 | $36.97 |
| Median | $61,500 | $5,125 | $29.57 |
| Entry level (25th percentile) | $48,720 | $4,060 | $23.42 |
| Experienced (75th percentile) | $89,680 | $7,473 | $43.12 |
*Hourly figures assume 2,080 paid hours a year.
Loan Officers salary after taxes in McAllen
On the average salary of $76,900, a single filer in McAllen takes home about $62,929 a year, or $5,244 a month and $2,420 every two weeks. Taxes take 18% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is McAllen a good place for loan officers? Pay vs. cost of living
Prices in the McAllen area are 14% below the U.S. average (BEA price parity 85.9), so the average $76,900 buys what about $89,528 would buy in a typical U.S. metro. This job pays 1.7 times the median wage of all jobs in McAllen ($35,830). A typical home costs $193,978, or 2.5 years of this average salary before tax.
Loan Officers salary in other Texas cities
McAllen ranks 14th of 24 Texas metro areas for this job; Victoria pays the most ($92,270).
- Victoria$92,270
- College Station$92,150
- Sherman$89,410
- Midland$87,100
- Houston$84,830
- Waco$83,600
- Brownsville$82,070
- Lubbock$81,930
- Dallas$80,100
- McAllen$76,900
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in McAllen: questions
How much do loan officers make an hour in McAllen?
$36.97 an hour on average, and $29.57 at the median (BLS, May 2025).
What is the entry-level loan officers salary in McAllen?
The lowest-paid 10% earn about $38,170 a year and the 25th percentile is $48,720, a fair guide to starting pay.
What is the loan officers take-home pay in McAllen?
About $62,929 a year ($5,244 a month) for a single filer on the average salary of $76,900. Texas has no state income tax.
Do loan officers earn more in McAllen than elsewhere?
The average here is 13% less than the U.S. metro average for this job ($88,726).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area McAllen-Edinburg-Mission, TX (32580). Relative standard error of the mean wage: 4.3%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
- Job concentration: location quotient 0.48, this job is less common than in the U.S. overall (location quotient 0.48).
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