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Loan Officers in Florida

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Loan Officers in Florida

Is Florida a good place for you to work as a Loan Officer?

18.8% Jobs Projection
$67,760 Median Salary
2,290 Job Openings

You’re in luck! Jobs for Loan Officers in Florida are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Loan Officers in Florida is growing faster than average.

  • Loan Officers in Florida earn higher salaries than the typical U.S. wage earner.

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.

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The typical state has 4,250 Loan Officers working in it, which means Florida has more Loan Officers than average.

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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%.

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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.

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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

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References

More about our data sources and methodologies.

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