Skip to content

An independent salary reference. Not affiliated with BLS or any U.S. government agency.

Salary data from BLS Occupational Employment and Wage Statistics

Average Loan Officers Salary in Hot Springs, AR

Loan Officers in Hot Springs, AR earn a median annual salary of $78,460, which is +5.8% compared to the national median. There are 90 workers employed locally in this occupation.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics survey, May 2024 estimates for Hot Springs, AR (metro area).

$78,460
Hot Springs, AR median annual wage
$38/hour median
+5.8%
Difference vs national median
National median is $74,180
90
Local employment
2.3 jobs per 1,000 workers
1.24
Location quotient
Above 1.00 means the occupation is more concentrated here than nationally

Pay distribution

Local wage range

10th
$39,570
25th
$49,830
Median
$78,460
75th
$103,040
90th
$128,630

All values are percentiles of annual wages.

This local range is the useful part of the page. The median tells you the center of the market in Hot Springs, AR, while the percentile band shows how compressed or wide the local pay distribution actually is.

Regional price parity

Cost-of-living context

All-items regional price parity
85.7%
Exact metro RPP match
Median wage adjusted to the national price level
$91,520
Goods: 93.6%
Services: 74.3%
Rents: 57.3%

Comparison links

Comparable metros for this occupation

MetroMedian annual wageCompareEmployment
Elmira, NY$106,430Compare40
New York-Newark-Jersey City, NY-NJ$102,540Compare11,250
Des Moines-West Des Moines, IA$97,000Compare1,050
Salinas, CA$95,960Compare150
New Haven, CT$95,910Compare270
Iowa City, IA$95,180Compare130

The point of this table is not random nearby places. It is to show the other labor markets where this same occupation looks stronger or weaker on the same OEWS release.

Area context

Top occupations in Hot Springs, AR

OccupationMedian annual wageLQ
General Internal Medicine Physicians$211,2503.62
Physicians, All Other$179,7201.40
Dentists, General$157,0401.83
Pharmacists$130,2901.37
Chief Executives$127,0900.83
Nurse Practitioners$104,7202.25
Software Developers$103,5100.10
Computer And Information Systems Managers$101,0900.33

Hot Springs, AR has salary data for 180 occupations. The highest-paid occupation in this area is General Internal Medicine Physicians.

Historical series

Trend for Loan Officers in Hot Springs, AR

Historical trend data is not yet available for this occupation in this area.

Interpretation

Outlook and page notes

Nationally, Loan Officers are projected to change by +1.7% from 2024 to 2034, with 20,300 annual openings.

Use this page to answer three separate questions: what the occupation pays here, how large the local market is, and whether this market is unusually concentrated for the occupation.

For metro pages in particular, read long-term trend rows as directional until the area comparability layer is fully wired. OEWS area definitions can change over time, and that matters more at the metro level than at the state level.