Business & Financial
Loan Officers
SOC 13-2072
Evaluate and approve loan applications for people and businesses.
The job
Median pay
$77k
$53k to $104k typical range
Outlook, 2025 to 2035
Growing
+1.1% projected
Openings a year
17k
BLS projection
Typical education
Bachelor's
Our model
AI displacement risk
High
How much of this job AI may do instead of the person
Works with AI
4/100
AI alongside the person rather than instead of them
AI exposure
78th pct
More exposed than 78% of occupations · modeled estimate · 79th pct in Microsoft's data
Future-proof
43/100
Key skills
- Active Listening
- Speaking
- Reading Comprehension
- Critical Thinking
- Writing
- Mathematics
Pay and jobs by state
BLS OEWS May 2025, 51 states. Sorted by jobs; per 1,000 is jobs per thousand workers in the state; vs national compares that rate with the country's.
| State | Jobs | Per 1,000 | vs national | Median pay |
|---|---|---|---|---|
| California | 25,790 | 1.4 | 0.8× | $82k |
| Texas | 21,200 | 1.5 | 0.8× | $66k |
| Florida | 18,830 | 1.9 | 1.1× | $71k |
| Michigan | 11,340 | 2.6 | 1.5× | $74k |
| Illinois | 10,890 | 1.8 | 1.0× | $79k |
| New York | 10,840 | 1.1 | 0.6× | $96k |
| North Carolina | 10,700 | 2.2 | 1.2× | $76k |
| Arizona | 10,020 | 3.1 | 1.8× | $62k |
| Ohio | 9,880 | 1.8 | 1.0× | $76k |
| Georgia | 9,540 | 2.0 | 1.1× | $68k |
All 51 states
| State | Jobs | Per 1,000 | vs national | Median pay |
|---|---|---|---|---|
| Virginia | 8,790 | 2.1 | 1.2× | $78k |
| Pennsylvania | 8,140 | 1.3 | 0.8× | $69k |
| Missouri | 7,050 | 2.4 | 1.4× | $74k |
| Tennessee | 6,510 | 2.0 | 1.1× | $63k |
| Minnesota | 6,430 | 2.2 | 1.2× | $95k |
| New Jersey | 6,200 | 1.4 | 0.8× | $93k |
| Washington | 6,040 | 1.7 | 1.0× | $80k |
| Alabama | 5,050 | 2.4 | 1.4× | $67k |
| Wisconsin | 4,940 | 1.7 | 0.9× | $78k |
| Indiana | 4,790 | 1.5 | 0.8× | $73k |
| Massachusetts | 4,470 | 1.2 | 0.7× | $102k |
| Oregon | 4,220 | 2.1 | 1.2× | $94k |
| South Carolina | 4,140 | 1.8 | 1.0× | $63k |
| Oklahoma | 4,100 | 2.4 | 1.4× | $73k |
| Utah | 3,990 | 2.3 | 1.3× | $59k |
| Kentucky | 3,940 | 2.0 | 1.1× | $62k |
| Maryland | 3,850 | 1.4 | 0.8× | $74k |
| Kansas | 3,540 | 2.5 | 1.4× | $87k |
| Mississippi | 3,450 | 3.0 | 1.7× | $60k |
| Colorado | 3,230 | 1.1 | 0.6× | $95k |
| Iowa | 2,840 | 1.8 | 1.0× | $84k |
| Louisiana | 2,810 | 1.5 | 0.8× | $61k |
| Nebraska | 2,710 | 2.6 | 1.5× | $80k |
| Arkansas | 2,610 | 2.0 | 1.1× | $70k |
| Nevada | 2,580 | 1.7 | 0.9× | $65k |
| Connecticut | 2,220 | 1.3 | 0.7× | $96k |
| Idaho | 2,030 | 2.4 | 1.3× | $71k |
| South Dakota | 1,820 | 4.0 | 2.3× | $80k |
| Delaware | 1,420 | 2.9 | 1.7× | $83k |
| North Dakota | 1,370 | 3.2 | 1.8× | $85k |
| Rhode Island | 1,290 | 2.6 | 1.5× | $77k |
| West Virginia | 1,290 | 1.8 | 1.0× | $58k |
| Montana | 1,180 | 2.3 | 1.3× | $72k |
| New Mexico | 1,140 | 1.3 | 0.7× | $63k |
| New Hampshire | 1,120 | 1.6 | 0.9× | $81k |
| Maine | 1,060 | 1.7 | 0.9× | $82k |
| Hawaii | 980 | 1.6 | 0.9× | $64k |
| Wyoming | 740 | 2.6 | 1.5× | $80k |
| Alaska | 490 | 1.5 | 0.8× | $73k |
| Washington DC | 370 | 0.5 | 0.3× | $93k |
| Vermont | 350 | 1.2 | 0.7× | $89k |
Top metro areas
- New York-Newark-Jersey City, NY-NJ10,350 jobs · $102k median
- Los Angeles-Long Beach-Anaheim, CA9,690 jobs · $80k median
- Dallas-Fort Worth-Arlington, TX8,370 jobs · $74k median
- Phoenix-Mesa-Chandler, AZ8,350 jobs · $62k median
- Chicago-Naperville-Elgin, IL-IN7,380 jobs · $80k median
- Detroit-Warren-Dearborn, MI7,200 jobs · $76k median
- Atlanta-Sandy Springs-Roswell, GA5,550 jobs · $76k median
- Washington-Arlington-Alexandria, DC-VA-MD-WV5,000 jobs · $98k median
Explore the rankings
Explore Loan Officers interactively →Pay and outlook from BLS (OEWS 2025, Employment Projections 2025-2035). Skills and work activities from O*NET 30.3. AI exposure and future-proof scores are modeled estimates. How these numbers are made.