National Salary Info » Highest Paying Cities for Loan Officers

Highest Paying Cities for Loan Officers

The top 100 highest paying cities for loan officers (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment of loan officers in those cities are also shown in the table. As shown in the table, with a annual salary of $107,740, Sebastian-Vero Beach, Florida is the highest paying city for loan officers. It is followed by Danbury, Connecticut (average annual salary $103,190). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics (BLS) in April 2017 [1]. For more salary information of loan officers in a specific city, use the links in the table.

Table 1. 100 Highest Paying Cities/Areas for Loan Officers

Rank City/Area Average Salary i # of
Empl. i
1 Sebastian-Vero Beach, Florida
$107,740
30
2 Danbury, Connecticut
$103,190
140
3 Southwestern New Hampshire nonmetropolitan area, New Hampshire
$98,200
50
4 Laredo, Texas
$94,930
100
5 West Palm Beach-Boca Raton-Boynton Beach, Florida
$94,060
1,400
6 New York-White Plains-Wayne, New York
$93,380
8,670
7 Houston-Sugar Land-Baytown, Texas
$92,290
4,150
8 Victoria, Texas
$91,690
50
9 New Haven, Connecticut
$90,910
260
10 Fort Collins-Loveland, Colorado
$90,480
210
11 Amarillo, Texas
$89,350
240
12 Salinas, California
$86,430
190
13 Oakland-Fremont-Hayward, California
$86,360
2,960
14 Tyler, Texas
$85,690
190
15 Peabody, Massachusetts
$85,510
180
16 New York-Northern New Jersey-Long Island, New York
$84,490
11,980
17 College Station-Bryan, Texas
$84,210
140
18 Athens-Clarke County, Georgia
$84,160
90
19 Punta Gorda, Florida
$83,070
40
20 El Centro, California
$82,690
80
21 Grand Junction, Colorado
$81,950
90
22 Boston-Cambridge-Quincy, Massachusetts
$81,780
3,090
23 Lubbock, Texas
$81,460
200
24 San Francisco-Oakland-Fremont, California
$80,910
5,520
25 Camden, New Jersey
$80,690
1,390
26 Wenatchee-East Wenatchee, Washington
$80,650
90
27 Edison-New Brunswick, New Jersey
$80,610
1,370
28 Los Angeles-Long Beach-Santa Ana, California
$80,360
14,650
29 Iowa City, Iowa
$80,300
140
30 Santa Barbara-Santa Maria-Goleta, California
$80,290
210
31 Northwestern Texas nonmetropolitan area, Texas
$79,990
430
32 Lakeland-Winter Haven, Florida
$79,840
390
33 Carson City, Nevada
$79,770
30
34 Longview, Washington
$79,500
110
35 Lake Havasu City-Kingman, Arizona
$79,490
40
36 Flint, Michigan
$79,390
220
37 Southwest Idaho nonmetropolitan area, Idaho
$79,200
70
38 Bridgeport-Stamford-Norwalk, Connecticut
$79,000
730
39 Coastal Oregon nonmetropolitan area, Oregon
$78,590
30
40 West Central North Dakota nonmetropolitan area, North Dakota
$78,510
190
41 Northern Vermont nonmetropolitan area, Vermont
$78,390
90
42 Yuba City, California
$78,340
70
43 Burlington, North Carolina
$78,260
120
44 Boston-Cambridge-Quincy, Massachusetts
$78,090
4,380
45 Santa Ana-Anaheim-Irvine, California
$77,960
7,380
46 Northeast Iowa nonmetropolitan area, Iowa
$77,400
370
47 Nassau-Suffolk, New York
$77,380
1,710
48 San Diego-Carlsbad-San Marcos, California
$77,290
2,860
49 McAllen-Edinburg-Mission, Texas
$77,110
300
50 Portsmouth, New Hampshire
$76,940
240
51 Sherman-Denison, Texas
$76,750
80
52 Dover, Delaware
$76,660
120
53 Portland-Vancouver-Hillsboro, Washington
$76,660
2,800
54 Stockton, California
$76,570
310
55 Manhattan, Kansas
$76,450
100
56 Manchester, New Hampshire
$76,400
270
57 Northwestern Connecticut nonmetropolitan area, Connecticut
$76,060
30
58 Lincoln, Nebraska
$76,010
440
59 Miami-Fort Lauderdale-Pompano Beach, Florida
$75,960
5,840
60 Minneapolis-St Paul-Bloomington, Wisconsin
$75,910
5,180
61 Newark-Union, Pennsylvania
$75,830
1,780
62 Austin-Round Rock-San Marcos, Texas
$75,520
1,220
63 Santa Cruz-Watsonville, California
$75,320
90
64 Barnstable Town, Massachusetts
$75,160
100
65 Naples-Marco Island, Florida
$74,840
350
66 Tampa-St Petersburg-Clearwater, Florida
$74,680
3,970
67 Chico, California
$74,650
80
68 Lowell-Billerica-Chelmsford, New Hampshire
$74,460
180
69 Southeast Minnesota nonmetropolitan area, Minnesota
$74,390
440
70 Southwest Iowa nonmetropolitan area, Iowa
$74,330
390
71 Kansas City, Missouri
$74,230
2,640
72 Northwest Massachusetts nonmetropolitan area, Massachusetts
$74,000
30
73 San Francisco-San Mateo-Redwood City, California
$73,810
2,310
74 Miami-Miami Beach-Kendall, Florida
$73,690
2,870
75 Philadelphia, Pennsylvania
$73,530
2,140
76 Auburn-Opelika, Alabama
$73,450
80
77 San Jose-Sunnyvale-Santa Clara, California
$73,440
1,320
78 Anniston-Oxford, Alabama
$73,430
40
79 Durham-Chapel Hill, North Carolina
$73,210
460
80 Sacramento-Arden-Arcade-Roseville, California
$73,190
2,030
81 Ocala, Florida
$73,150
230
82 South Florida nonmetropolitan area, Florida
$73,100
130
83 Killeen-Temple-Fort Hood, Texas
$73,060
130
84 Fresno, California
$73,010
550
85 Lexington-Fayette, Kentucky
$72,200
500
86 Other New Hampshire nonmetropolitan area, New Hampshire
$72,110
180
87 Brockton-Bridgewater-Easton, Massachusetts
$72,070
90
88 Prescott, Arizona
$72,010
40
89 Salem, Oregon
$71,800
350
90 Omaha-Council Bluffs, Nebraska
$71,770
1,330
91 Elkhart-Goshen, Indiana
$71,700
120
92 Gainesville, Georgia
$71,650
420
93 Central Washington nonmetropolitan area, Washington
$71,590
50
94 Nashua, New Hampshire
$71,500
130
95 San Angelo, Texas
$71,430
50
96 Los Angeles-Long Beach-Glendale, California
$71,400
8,460
97 Sioux City, South Dakota
$71,320
240
98 Boulder, Colorado
$71,260
170
99 Kansas nonmetropolitan area, Kansas
$71,150
160
100 Southside Virginia nonmetropolitan area, Virginia
$71,140
130
See also: Highest paying industries for loan officers.