Loan Officers pay range in Midland
New workers and the lowest-paid 10% earn about $34,820 a year or less, while the top 10% make $182,960 or more. The middle half of loan officers in Midland earn between $50,490 and $100,990.
- $35K10th
- $50K25th
- $72KMedian
- $101K75th
- $183K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $87,100 | $7,258 | $41.88 |
| Median | $72,030 | $6,002 | $34.63 |
| Entry level (25th percentile) | $50,490 | $4,208 | $24.27 |
| Experienced (75th percentile) | $100,990 | $8,416 | $48.55 |
*Hourly figures assume 2,080 paid hours a year.
Loan Officers salary after taxes in Midland
On the average salary of $87,100, a single filer in Midland takes home about $70,105 a year, or $5,842 a month and $2,696 every two weeks. Taxes take 20% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Midland a good place for loan officers? Pay vs. cost of living
Prices in the Midland area are 4% below the U.S. average (BEA price parity 95.8), so the average $87,100 buys what about $90,935 would buy in a typical U.S. metro. This job pays 1.3 times the median wage of all jobs in Midland ($54,480). A typical home costs $330,428, or 3.8 years of this average salary before tax.
Loan Officers salary in other Texas cities
Midland ranks 4th 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
- Tyler$79,560
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 Midland: questions
How much do loan officers make an hour in Midland?
$41.88 an hour on average, and $34.63 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Midland?
The lowest-paid 10% earn about $34,820 a year and the 25th percentile is $50,490, a fair guide to starting pay.
What is the loan officers take-home pay in Midland?
About $70,105 a year ($5,842 a month) for a single filer on the average salary of $87,100. Texas has no state income tax.
Do loan officers earn more in Midland than elsewhere?
The average here is about the same as 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 Midland, TX (33260). Relative standard error of the mean wage: 7.4%.
- 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 0.36, this job is less common than in the U.S. overall (location quotient 0.36).
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