Loan Officers Salary in Arkansas
SOC 13-2072 · Arkansas · BLS OEWS May 2024
The median salary for Loan Officers in Arkansas is $70,054 per year ($33.68/hr). This is 5.6% lower than the national median of $74,173. The middle 50% earn between $49,608 and $105,144 annually. Top earners at the 90th percentile reach $132,766.
Wage Percentiles: Arkansas
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $18.41 | $38,293 | -0.5% |
| P25 | $23.85 | $49,608 | -1.7% |
| P50MEDIAN | $33.68 | $70,054 | -5.6% |
| P75 | $50.55 | $105,144 | +3.2% |
| P90 | $63.83 | $132,766 | -8.9% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median loan officers salary in Arkansas?
The median (P50) annual salary for Loan Officers in Arkansas is approximately $70,054, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 5.6% lower than the national median of $74,173.
What is the salary range for entry-level loan officers in Arkansas?
Entry-level Loan Officers (10th percentile) in Arkansas earn approximately $38,293 per year. The 25th percentile is $49,608. Top earners (90th percentile) reach $132,766.
How does Arkansas compare to the national average for loan officers?
Arkansas pays 5.6% lower than the national average. The national P50 is $74,173 vs $70,054 in Arkansas. Based on BLS national data adjusted for regional cost factors.
Loan Officers Salary by Location
Other Roles in Arkansas
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