Loan Officers Pay Range in Arkansas
Pay distribution across experience levels
- 10th Percentile — Entry Level$39,210
- 25th Percentile — Junior$51,990
- 50th Percentile — Median$70,260
- 75th Percentile — Senior$106,700
- 90th Percentile — Top Earners$136,500
Half of Loan Officers in Arkansas earn more than $70,260. The top 10% make $136,500 or more, while entry-level workers start around $39,210.
Loan Officers in Arkansas: Key Facts
Source: BLS OEWS May 2025
- Arkansas ranks 27th of 51 states for Loan Officers pay, at $85,120 per year (3.0% below the U.S. average of $87,790).
- 2,610 people work as Loan Officers in Arkansas — 1.0% of all U.S. Loan Officers jobs.
- Location quotient 1.14: Loan Officers jobs are more concentrated in Arkansas than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $39,210; the top 10% earn over $136,500.
- Hourly equivalent: $40.92 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in Arkansas, Personal Financial Advisors pays the most ($113,140).
Loan Officers Job Market in Arkansas
Key factors affecting compensation
Arkansas's key industries are Agriculture, Retail, Manufacturing, and its job market is rated moderate. Loan Officers here earn $85,120 on average, placing the state 27th nationally.
With a cost-of-living index of 0.83 (U.S. = 1.00), a Arkansas salary of $85,120 is roughly equivalent to $102,554 at the national average cost of living.
Compared with nearby states in the pay ranking, Wyoming ($87,930), Nevada ($87,850), Oklahoma ($86,020) are the closest alternatives for Loan Officers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in Arkansas
Related career salary benchmarks
- Personal Financial Advisors $113,140/yr Arkansas +32.9% vs this role
- Financial and Investment Analysts $90,430/yr Arkansas +6.2% vs this role
- Logisticians $86,250/yr Arkansas +1.3% vs this role
- Project Management Specialists $84,850/yr Arkansas 0.3% vs this role
- Management Analysts $83,220/yr Arkansas 2.2% vs this role
- Credit Analysts $82,470/yr Arkansas 3.1% vs this role
- Market Research Analysts $78,430/yr Arkansas 7.9% vs this role
- Accountants and Auditors $76,980/yr Arkansas 9.6% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in Arkansas?
The average Loan Officers salary in Arkansas is $85,120 per year (median $70,260), which is 3.0% below the national average of $87,790.
How does Arkansas rank for Loan Officers pay?
Arkansas ranks 27th out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in Arkansas?
The lowest-paid 10% of Loan Officers in Arkansas earn about $39,210 per year and the 25th percentile is $51,990.
How much do Loan Officers make per hour in Arkansas?
About $40.92 per hour, based on the $85,120 annual average and 2,080 working hours per year.
How many Loan Officers work in Arkansas?
BLS counts 2,610 Loan Officers jobs in Arkansas (OEWS May 2025).
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