Occupation · SOC 13-2072

Loan Officers

There are 274,330 jobs in the U.S. Median pay is $76,690 a year. The most jobs are in New York–Newark–Jersey City, NY–NJ.

Business & FinanceTypical education: Bachelor's degree
274,330
Jobs in the U.S.
People employed, May 2025
$76,690
Median pay a year
Middle half: $52,730–$104,080
17,100
Annual openings
10-year change: +1.1%
34
LCA filings, last 4 quarters

Metro areas with the highest employment

10 of 382 metro areas with BLS data for this occupation. LCA filings: Apr 2025–Mar 2026.

Metro areaEmploymentMedian payLCA filings
New York–Newark–Jersey City, NY–NJMedian pay $101,570 · LCA filings 1710,350$101,57017
Los Angeles–Long Beach–Anaheim, CAMedian pay $80,360 · LCA filings 39,690$80,3603
Dallas–Fort Worth–Arlington, TXMedian pay $73,930 · LCA filings 08,370$73,9300
Phoenix–Mesa–Chandler, AZMedian pay $61,850 · LCA filings 08,350$61,8500
Chicago–Naperville–Elgin, IL–INMedian pay $80,040 · LCA filings 27,380$80,0402
Detroit–Warren–Dearborn, MIMedian pay $76,260 · LCA filings 07,200$76,2600
Atlanta–Sandy Springs–Roswell, GAMedian pay $76,340 · LCA filings 05,550$76,3400
Washington–Arlington–Alexandria, DC–VA–MD–WVMedian pay $97,800 · LCA filings 05,000$97,8000
Philadelphia–Camden–Wilmington, PA–NJ–DE–MDMedian pay $77,590 · LCA filings 14,660$77,5901
Miami–Fort Lauderdale–West Palm Beach, FLMedian pay $71,510 · LCA filings 14,190$71,5101

Metro areas with the highest median pay

Median pay for this occupation in each metro area, May 2025.

Metro areaMedian payEmploymentLCA filings
Enid, OKEmployment 40 · LCA filings 0$104,990400
Bridgeport–Stamford–Danbury, CTEmployment 560 · LCA filings 0$103,8505600
Boston–Cambridge–Newton, MA–NHEmployment 3,420 · LCA filings 1$103,4003,4201
San Francisco–Oakland–Fremont, CAEmployment 3,330 · LCA filings 1$103,0003,3301
Minneapolis–St. Paul–Bloomington, MN–WIEmployment 3,910 · LCA filings 0$102,2003,9100

Metro areas with the most LCA filings

Labor Condition Applications filed by employers with the U.S. Department of Labor, Apr 2025–Mar 2026. They’re used in the H-1B process and show filing history, not hires or current job openings.

Metro areaLCA filingsEmployers with LCA filingsEmployment
New York–Newark–Jersey City, NY–NJEmployers with LCA filings 15 · Employment 10,350171510,350
Los Angeles–Long Beach–Anaheim, CAEmployers with LCA filings 2 · Employment 9,690329,690
Chicago–Naperville–Elgin, IL–INEmployers with LCA filings 2 · Employment 7,380227,380
Cleveland, OHEmployers with LCA filings 2 · Employment 1,920221,920
Philadelphia–Camden–Wilmington, PA–NJ–DE–MDEmployers with LCA filings 1 · Employment 4,660114,660

Prevailing wage levels (H-1B and PERM)

The minimum yearly wage by level. Level I is entry level and Level IV is fully competent; an H-1B employer must pay at least the level that fits the job.

Metro areaLevel ILevel IILevel IIILevel IV
New York–Newark–Jersey City, NY–NJLevel II $91,146 · Level III $120,890 · Level IV $150,634$61,402$91,146$120,890$150,634
Los Angeles–Long Beach–Anaheim, CALevel II $69,555 · Level III $94,307 · Level IV $119,038$44,824$69,555$94,307$119,038
Dallas–Fort Worth–Arlington, TXLevel II $60,029 · Level III $79,914 · Level IV $99,778$40,165$60,029$79,914$99,778
Phoenix–Mesa–Chandler, AZLevel II $58,490 · Level III $76,294 · Level IV $94,078$40,706$58,490$76,294$94,078
Chicago–Naperville–Elgin, IL–INLevel II $70,429 · Level III $91,437 · Level IV $112,466$49,400$70,429$91,437$112,466
Detroit–Warren–Dearborn, MILevel II $63,190 · Level III $85,717 · Level IV $108,222$40,685$63,190$85,717$108,222
Atlanta–Sandy Springs–Roswell, GALevel II $69,056 · Level III $90,771 · Level IV $112,507$47,320$69,056$90,771$112,507
Washington–Arlington–Alexandria, DC–VA–MD–WVLevel II $79,726 · Level III $105,269 · Level IV $130,811$54,184$79,726$105,269$130,811
Philadelphia–Camden–Wilmington, PA–NJ–DE–MDLevel II $66,851 · Level III $86,715 · Level IV $106,600$46,966$66,851$86,715$106,600
Miami–Fort Lauderdale–West Palm Beach, FLLevel II $61,069 · Level III $83,221 · Level IV $105,394$38,896$61,069$83,221$105,394
Cleveland, OHLevel II $64,501 · Level III $84,406 · Level IV $104,312$44,595$64,501$84,406$104,312

Source: U.S. Department of Labor, OFLC Online Wage Library, July 2026–June 2027.

Related majors

Majors most closely related to this occupation. International graduates: 2024–25 academic year.

MajorInternational graduatesSTEM OPT
Finance and Financial Management ServicesCIP 52.08OPT · up to 12 months3,279OPT · up to 12 months

See Loan Officers in every metro area

All 382 metro areas, pay in each, related majors, schools in each job market, and employers with LCA filing history.

Employers with LCA filings for this occupation

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Related occupations · Business & Finance

Sources: BLS Occupational Employment and Wage Statistics (OEWS), May 2025 · BLS Employment Projections 2025-35 · U.S. Department of Labor LCA disclosure data, Apr 2025–Mar 2026 · IPEDS 2024–25. Prevailing wages: U.S. Department of Labor, OFLC Online Wage Library, July 2026–June 2027. Methodology