Loan Officers in Delaware
Is Delaware a good place for you to work as a Loan Officer?
You’re in luck! Jobs for Loan Officers in Delaware are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Loan Officers in Delaware is growing faster than average.
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Loan Officers in Delaware earn higher salaries than the typical U.S. wage earner.
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How Many Loan Officers Work in Delaware?
In Delaware, there were 770 people working as Loan Officers in the year 2018.
There were 760 Loan Officers employed in this state in 2017.
That’s growth of 10 jobs between 2017 and 2018.
The typical state has 4,250 Loan Officers working in it, which means Delaware has fewer Loan Officers than average.
Job Projections for Delaware
Jobs for Loan Officers in this state are growing at a rate of 9.7% which is slower than the nationwide estimated projection of 11.4%.
Delaware Annual Job Openings
The BLS estimates 110 annual job openings, and a total of 1,240 jobs for Delaware Loan Officers in 2026.
Nationwide, the prediction is 30,400 annual jobs and 354,900 total jobs in 2026.
What do Loan Officers Make in Delaware?
In 2018 wages for Loan Officers ranged from $35,840 to $121,030 with $60,140 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $17.23 to $58.19. The median hourly rate was $28.92.
Workers in this field were paid a median of $31.43 an hour in 2017.
The hourly rate declined by $2.51.
The median salary in Delaware is higher than the nationwide median salary.
Top Delaware Metros for Loan Officers
The table below shows some of the metros in this state with the most Loan Officers.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 5,830 | $65,560 |
| Salisbury, MD-DE | 160 | $68,140 |
Top States for Loan Officers Employment
The table below shows the states where most Loan Officers work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| California | 37,030 | $61,310 |
| Texas | 19,950 | $68,710 |
| Florida | 18,000 | $67,760 |
| North Carolina | 13,910 | $62,360 |
| New York | 12,890 | $78,520 |
| Illinois | 12,330 | $66,570 |
| Ohio | 11,520 | $64,770 |
| Virginia | 10,140 | $63,860 |
| Pennsylvania | 10,010 | $59,340 |
| Arizona | 8,970 | $54,400 |
| Georgia | 7,790 | $54,690 |
| Minnesota | 7,740 | $72,030 |
| Missouri | 7,130 | $68,010 |
| Wisconsin | 7,090 | $62,850 |
| Washington | 6,940 | $60,540 |
| New Jersey | 6,670 | $73,180 |
| Massachusetts | 5,780 | $70,090 |
| Tennessee | 5,440 | $54,490 |
| Kentucky | 5,300 | $60,400 |
| Utah | 5,220 | $45,470 |
Below are the states where Loan Officers get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $78,520 |
| New Hampshire | $76,430 |
| Nebraska | $75,800 |
| Connecticut | $74,990 |
| District of Columbia | $74,840 |
| New Jersey | $73,180 |
| Minnesota | $72,030 |
| Kansas | $71,550 |
| Massachusetts | $70,090 |
| Texas | $68,710 |
Related Careers in DE
Discover similar careers:
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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