Loan Officers in North Carolina
Is North Carolina a good place for you to work as a Loan Officer?
You’re in luck! Jobs for Loan Officers in North Carolina are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Loan Officers in North Carolina is growing faster than average.
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Loan Officers in North Carolina earn higher salaries than the typical U.S. wage earner.
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How Many Loan Officers Work in North Carolina?
13,910 people worked as Loan Officers in 2018 in this state.
There were 13,100 Loan Officers employed in this state in 2017.
That’s growth of 810 jobs between 2017 and 2018.
The typical state has 4,250 Loan Officers working in it, which means North Carolina has more Loan Officers than average.
Job Projections for North Carolina
Jobs for Loan Officers in this state are growing at a rate of 15.5% which is faster than the nationwide estimated projection of 11.4%.
North Carolina Annual Job Openings
The BLS estimates 1,330 annual job openings, and a total of 15,180 jobs for North Carolina 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 North Carolina?
In 2018 wages for Loan Officers ranged from $32,550 to $126,900 with $62,360 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $15.65 to $61.01. The median hourly rate was $29.98.
In 2017 the median pay for this field was $30.52 an hour.
The hourly rate declined by $0.54.
The median salary in North Carolina is higher than the nationwide median salary.
Top North Carolina 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 |
|---|---|---|
| Charlotte-Concord-Gastonia, NC-SC | 5,520 | $66,830 |
| Raleigh, NC | 2,240 | $61,500 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 1,380 | $56,670 |
| Greensboro-High Point, NC | 1,170 | $54,110 |
| Winston-Salem, NC | 920 | $69,350 |
| Durham-Chapel Hill, NC | 750 | $61,610 |
| Wilmington, NC | 530 | $66,340 |
| Asheville, NC | 340 | $48,550 |
| Hickory-Lenoir-Morganton, NC | 320 | $72,210 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 320 | $49,990 |
| Fayetteville, NC | 250 | $57,050 |
| Rocky Mount, NC | 140 | $56,730 |
| Greenville, NC | 100 | $72,650 |
| Goldsboro, NC | 70 | $58,340 |
| Jacksonville, NC | 70 | $45,250 |
| Burlington, NC | 60 | $73,290 |
| New Bern, NC | 50 | $48,940 |
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 NC
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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