Loan Officers in Florida
Is Florida a good place for you to work as a Loan Officer?
You’re in luck! Jobs for Loan Officers in Florida are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Loan Officers in Florida is growing faster than average.
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Loan Officers in Florida earn higher salaries than the typical U.S. wage earner.
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How Many Loan Officers Work in Florida?
In 2018, there were 18,000 Loan Officers working in the state.
There were 19,900 Loan Officers employed in this state in 2017.
That’s a decline of 1,900 jobs between 2017 and 2018.
The typical state has 4,250 Loan Officers working in it, which means Florida has more Loan Officers than average.
Job Projections for Florida
Jobs for Loan Officers in this state are growing at a rate of 18.8% which is faster than the nationwide estimated projection of 11.4%.
Florida Annual Job Openings
The BLS estimates there will be 2,290 annual job openings, and 25,740 total jobs in 2026 for Loan Officers in this state.
Nationwide, the prediction is 30,400 annual jobs and 354,900 total jobs in 2026.
What do Loan Officers Make in Florida?
In 2018 wages for Loan Officers ranged from $35,580 to $134,700 with $67,760 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $17.1 to $64.76. The median hourly rate was $32.58.
In 2017 the median pay for this field was $33.54 an hour.
The hourly rate declined by $0.96.
The median salary in Florida is higher than the nationwide median salary.
Top Florida 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 |
|---|---|---|
| Miami-Fort Lauderdale-West Palm Beach, FL | 4,940 | $66,550 |
| Tampa-St. Petersburg-Clearwater, FL | 3,260 | $67,580 |
| Orlando-Kissimmee-Sanford, FL | 2,870 | $72,060 |
| Jacksonville, FL | 2,510 | $70,320 |
| North Port-Sarasota-Bradenton, FL | 550 | $67,940 |
| Lakeland-Winter Haven, FL | 400 | $70,020 |
| Cape Coral-Fort Myers, FL | 310 | $73,190 |
| Deltona-Daytona Beach-Ormond Beach, FL | 300 | $48,420 |
| Tallahassee, FL | 260 | $56,470 |
| Crestview-Fort Walton Beach-Destin, FL | 260 | $59,360 |
| Pensacola-Ferry Pass-Brent, FL | 240 | $65,000 |
| Naples-Immokalee-Marco Island, FL | 240 | $71,440 |
| Palm Bay-Melbourne-Titusville, FL | 190 | $60,080 |
| Port St. Lucie, FL | 180 | $60,730 |
| Gainesville, FL | 170 | $66,790 |
| Ocala, FL | 170 | $61,990 |
| Panama City, FL | 90 | $64,150 |
| Homosassa Springs, FL | 50 | $63,100 |
| Sebastian-Vero Beach, FL | 50 | $74,800 |
| Sebring, FL | 40 | $66,040 |
| Punta Gorda, FL | 30 | $61,910 |
| The Villages, FL | 30 | $74,540 |
Top States for Loan Officers Employment
View the list below to see 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 FL
You may also be interested in the following 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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