Find Grad Schools

Study Area & Zipcode

Loan Officers in Mississippi

Find Schools Near

Loan Officers in Mississippi

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

8.0% Jobs Projection
$57,500 Median Salary
160 Job Openings

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

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

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

How Many Loan Officers Work in Mississippi?

There were approximately 2,400 workers employed as Loan Officers in this state in 2018.

There were 2,130 Loan Officers employed in this state in 2017.

That’s growth of 270 jobs between 2017 and 2018.

undefined

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

undefined

Job Projections for Mississippi

Jobs for Loan Officers in this state are growing at a rate of 8.0% which is slower than the nationwide estimated projection of 11.4%.

undefined

Mississippi Annual Job Openings

The BLS estimates there will be 160 annual job openings, and 1,880 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 Mississippi?

In 2018 wages for Loan Officers ranged from $32,160 to $110,860 with $57,500 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $15.46 to $53.3. The median hourly rate was $27.64.

In 2017 the median pay for this field was $29.03 an hour.

The hourly rate declined by $1.39.

The median salary in Mississippi is higher than the nationwide median salary.

undefined

Top Mississippi 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
Memphis, TN-MS-AR 920 $49,250
Jackson, MS 680 $62,100
Gulfport-Biloxi-Pascagoula, MS 220 $43,200
Hattiesburg, MS 140 $47,290

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

You may also be interested in the following careers:

References

More about our data sources and methodologies.

Featured Schools

Find Graduate Schools Near You

Our free school finder matches students with accredited graduate schools across the U.S.