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Loan Officers in Oregon

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Loan Officers in Oregon

Want to work in Oregon as a Loan Officer? Read this first!

12.4% Jobs Projection
$64,610 Median Salary
350 Job Openings

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

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

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

How Many Loan Officers Work in Oregon?

In Oregon, there were 4,410 people working as Loan Officers in the year 2018.

There were 4,200 Loan Officers employed in this state in 2017.

That’s growth of 210 jobs between 2017 and 2018.

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

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Job Projections for Oregon

Jobs for Loan Officers in this state are growing at a rate of 12.4% which is faster than the nationwide estimated projection of 11.4%.

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Oregon Annual Job Openings

The BLS is projecting 350 annual Loan Officers job openings in Oregon, and 4,070 total jobs in the year 2026.

Nationwide, the prediction is 30,400 annual jobs and 354,900 total jobs in 2026.

What do Loan Officers Make in Oregon?

In 2018 wages for Loan Officers ranged from $31,790 to $126,300 with $64,610 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $15.28 to $60.72. The median hourly rate was $31.06.

Workers in this field were paid a median of $33.21 an hour in 2017.

The hourly rate declined by $2.15.

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

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Top Oregon 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
Portland-Vancouver-Hillsboro, OR-WA 3,230 $69,000
Salem, OR 410 $64,900
Eugene, OR 360 $54,750
Medford, OR 160 $55,620
Bend-Redmond, OR 150 $54,000
Albany, OR 110 $65,020
Corvallis, OR 60 $47,640
Grants Pass, OR 30 $35,420

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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