Loan Officers in Idaho
Get the information you need to know about working as a Loan Officer.
You’re in luck! Jobs for Loan Officers in Idaho are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Loan Officers in Idaho is growing faster than average.
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Loan Officers in Idaho earn higher salaries than the typical U.S. wage earner.
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How Many Loan Officers Work in Idaho?
There were approximately 2,340 workers employed as Loan Officers in this state in 2018.
There were 2,580 Loan Officers employed in this state in 2017.
That’s a decline of 240 jobs between 2017 and 2018.
The typical state has 4,250 Loan Officers working in it, which means Idaho has fewer Loan Officers than average.
Job Projections for Idaho
Jobs for Loan Officers in this state are growing at a rate of 20.1% which is faster than the nationwide estimated projection of 11.4%.
Idaho Annual Job Openings
The BLS is projecting 300 annual Loan Officers job openings in Idaho, and 3,340 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 Idaho?
In 2018 wages for Loan Officers ranged from $29,740 to $102,190 with $49,810 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $14.3 to $49.13. The median hourly rate was $23.95.
Workers in this field were paid a median of $26.6 an hour in 2017.
The hourly rate declined by $2.65.
The median salary in Idaho is higher than the nationwide median salary.
Top Idaho 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 |
|---|---|---|
| Boise City, ID | 930 | $53,440 |
| Coeur d’Alene, ID | 360 | $55,510 |
| Pocatello, ID | 280 | $44,130 |
| Idaho Falls, ID | 170 | $39,570 |
| Logan, UT-ID | 140 | $47,540 |
| Lewiston, ID-WA | 90 | $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 ID
Discover similar careers:
| Occupation | ID Employment Total |
|---|
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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