Loan Officers in Georgia
Want to work in Georgia as a Loan Officer? Read this first!
You’re in luck! Jobs for Loan Officers in Georgia are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Loan Officers in Georgia is growing faster than average.
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Loan Officers in Georgia earn higher salaries than the typical U.S. wage earner.
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How Many Loan Officers Work in Georgia?
In 2018, there were 7,790 Loan Officers working in the state.
There were 7,050 Loan Officers employed in this state in 2017.
That’s growth of 740 jobs between 2017 and 2018.
The typical state has 4,250 Loan Officers working in it, which means Georgia has more Loan Officers than average.
Job Projections for Georgia
Jobs for Loan Officers in this state are growing at a rate of 17.7% which is faster than the nationwide estimated projection of 11.4%.
Georgia Annual Job Openings
The BLS estimates there will be 790 annual job openings, and 8,910 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 Georgia?
In 2018 wages for Loan Officers ranged from $28,970 to $131,410 with $54,690 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $13.93 to $63.18. The median hourly rate was $26.29.
In 2017 the median pay for this field was $27.8 an hour.
The hourly rate declined by $1.51.
The median salary in Georgia is higher than the nationwide median salary.
Top Georgia 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 |
|---|---|---|
| Atlanta-Sandy Springs-Roswell, GA | 4,480 | $60,920 |
| Gainesville, GA | 440 | $49,290 |
| Chattanooga, TN-GA | 400 | $57,120 |
| Savannah, GA | 300 | $43,040 |
| Augusta-Richmond County, GA-SC | 280 | $53,950 |
| Columbus, GA-AL | 220 | $53,760 |
| Valdosta, GA | 150 | $54,350 |
| Dalton, GA | 90 | $44,530 |
| Warner Robins, GA | 90 | $61,180 |
| Athens-Clarke County, GA | 90 | $63,940 |
| Macon, GA | 70 | $79,960 |
| Rome, GA | 60 | $40,760 |
| Albany, GA | 60 | $51,910 |
| Hinesville, GA | 60 | n/a |
| Brunswick, GA | 50 | $50,360 |
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 GA
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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