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Loan Officers Salary in Sherman, TX

BLS Official DataUpdated 2025-05-31
Median Annual

$69,900

Mean: $89,410

~$54,522 est. take-home

Hourly Rate

$33.61

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

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Salary Distribution

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

25th %

$50,320

Median

$69,900

75th %

$104,990

Median is in the 36th percentile of the typical range

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Loan Officers in other TX cities

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About Loan Officers salaries in Sherman, TX

According to the U.S. Bureau of Labor Statistics, the median annual salary for loan officers in Sherman, TX is $69,900. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.

Salaries typically range from $50,320 (25th percentile) to $104,990 (75th percentile), reflecting differences in experience, employer size, and specialization.

The estimated hourly rate is $33.61 per hour, based on a standard 2,080-hour work year.

Frequently Asked Questions

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

The median salary is $69,900 per year. The mean (average) salary is $89,410.

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

The estimated hourly rate is $33.61 per hour.

What is the salary range for loan officers in Sherman?

Salaries typically range from $50,320 (25th percentile) to $104,990 (75th percentile).