Loan Officers in Oregon
Want to work in Oregon as a Loan Officer? Read this first!
You’re in luck! Jobs for Loan Officers in Oregon are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Loan Officers in Oregon is growing faster than average.
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Loan Officers in Oregon earn higher salaries than the typical U.S. wage earner.
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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.
The typical state has 4,250 Loan Officers working in it, which means Oregon has more Loan Officers than average.
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%.
Oregon Annual Job Openings
The BLS estimates 350 annual job openings, and a total of 4,070 jobs for Oregon 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 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.
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 |
Related Careers in OR
You may also be interested in the following careers:
| Occupation | OR Employment Total |
|---|
What Major Will Prepare You For a Loan Officer Career?
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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