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Loan Officers Salary in Dallas, RI

BLS Official DataUpdated 2025-11-20
Median Annual

$109,165

Mean: $114,623

~$85,149 est. take-home

Hourly Rate

$52.48

Based on 2,080 hrs/yr

Cost of Living

115

100 = national avg

Take-Home Pay Calculator

Estimate your real monthly budget in Dallas, RI

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Tax Breakdown

Federal Income Tax-$5,426
State Income Tax-$4,708
Social Security-$6,768
Medicare-$1,583
Effective Tax Rate16.9%

Monthly Take-Home

$7,557

Annual Take-Home

$90,680

Monthly Budget in Dallas

Housing / Rent$1,43119%
Food & Groceries$4125%
Transportation$3585%
Utilities$2073%
Healthcare$2543%
Remaining / Savings$4,89565%
Financial Stress Level
ComfortableGood savings potential
To maintain this lifestyle nationally:$94,926(-13% vs. local median)
Loan Officers salary in Dallas, RI — median $109,165/year, range $87,332-$136,456

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$87,332

Median

$109,165

75th %

$136,456

Median is in the 44th percentile of the typical range

Compare with another city

See how this salary compares to the same role in a different location.

Loan Officers in other RI cities

Compare the same occupation across cities in RI.

DallasYOU ARE HERE
$109,165
Providence
$78,500-28.1%

About Loan Officers salaries in Dallas, RI

According to the U.S. Bureau of Labor Statistics, the median annual salary for loan officers in Dallas, RI is $109,165. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.

Salaries typically range from $87,332 (25th percentile) to $136,456 (75th percentile), reflecting differences in experience, employer size, and specialization.

The estimated hourly rate is $52.48 per hour, based on a standard 2,080-hour work year.

Career Outlook

4% growthAs fast as average (BLS 2024–2034)

Loan officer employment is projected to grow 4% through 2034. Interest rate fluctuations, commercial lending demand, and the expansion of fintech lending platforms create variable but steady opportunities in this field.

💡 Key insight: Commercial loan officers typically earn significantly more than consumer loan officers through commission-based compensation structures.

Frequently Asked Questions

What is the average salary for a loan officers in Dallas?

The median salary is $109,165 per year. The mean (average) salary is $114,623.

How much does a loan officers make per hour in Dallas?

The estimated hourly rate is $52.48 per hour.

What is the salary range for loan officers in Dallas?

Salaries typically range from $87,332 (25th percentile) to $136,456 (75th percentile).

Salary Conversion Table

How does $109,165 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$109,165$85,149
Monthly$9,097$7,096
Biweekly$4,199$3,275
Weekly$2,099$1,637
Hourly (40h/wk)$52.48$40.94
Hourly (35h/wk)$59.98$46.79
Hourly (30h/wk)$69.98$54.58
Daily (8h)$420$327

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Loan Officers: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for loan officers, based on BLS median salary data.