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Job outlook for lenders in the United States
Are lender jobs in demand?
Yes, lender jobs are in demand. Lender demand is projected to grow 4% from 2018 to 2028.
Lender job and salary trends over time
Compare the number of lender jobs and the average lender salary over time.
Lender jobs over time
Lender job growth rate over time
Year  | # Of Jobs | % Of Population |
|---|---|---|
| 2021 | 1,918 | 0.00% |
| 2020 | 1,740 | 0.00% |
| 2019 | 1,739 | 0.00% |
| 2018 | 1,719 | 0.00% |
| 2017 | 1,732 | 0.00% |
Average lender salary over time
Lender salary by year
| Year | Avg. Salary | Hourly Rate | % Change |
|---|---|---|---|
| 2025 | $37,723 | $18.14 | +1.1% |
| 2024 | $37,316 | $17.94 | +0.4% |
| 2023 | $37,180 | $17.88 | --2.5% |
| 2022 | $38,136 | $18.33 | +1.6% |
| 2021 | $37,540 | $18.05 | +0.3% |
Lender jobs by state
The map below shows you the number of lender job openings in each state. The darker areas on the map show where lenders earn the highest salaries across all 50 states.
Average Salary: Job Openings:
Most common states for lenders
| Rank | State | Population | # of Jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | South Dakota | 869,666 | 66 | 8% |
| 2 | Minnesota | 5,576,606 | 400 | 7% |
| 3 | Arizona | 7,016,270 | 408 | 6% |
| 4 | Maine | 1,335,907 | 75 | 6% |
| 5 | Rhode Island | 1,059,639 | 66 | 6% |
| 6 | North Dakota | 755,393 | 46 | 6% |
| 7 | District of Columbia | 693,972 | 39 | 6% |
| 8 | Wyoming | 579,315 | 37 | 6% |
| 9 | Colorado | 5,607,154 | 273 | 5% |
| 10 | Utah | 3,101,833 | 160 | 5% |
| 11 | Delaware | 961,939 | 51 | 5% |
| 12 | Vermont | 623,657 | 31 | 5% |
| 13 | Illinois | 12,802,023 | 536 | 4% |
| 14 | Ohio | 11,658,609 | 506 | 4% |
| 15 | Michigan | 9,962,311 | 369 | 4% |
| 16 | Washington | 7,405,743 | 270 | 4% |
| 17 | Maryland | 6,052,177 | 225 | 4% |
| 18 | Iowa | 3,145,711 | 133 | 4% |
| 19 | Nebraska | 1,920,076 | 72 | 4% |
| 20 | Montana | 1,050,493 | 38 | 4% |
Most common cities for lenders
| Rank | City | # of Jobs | Employment/ 1000ppl | Avg. Salary |
|---|---|---|---|---|
| 1 | Goshen | 3 | 9% | $34,649 |
| 2 | Frankfort | 1 | 4% | $38,230 |
| 3 | Annapolis | 1 | 3% | $44,985 |
| 4 | Danville | 1 | 3% | $43,178 |
| 5 | Dover | 1 | 3% | $43,215 |
| 6 | Billings | 2 | 2% | $46,397 |
| 7 | Bentonville | 1 | 2% | $48,260 |
| 8 | Bismarck | 1 | 1% | $44,652 |
| 9 | Columbus | 1 | 1% | $36,201 |
| 10 | Gary | 1 | 1% | $34,598 |
| 11 | Hartford | 1 | 1% | $41,674 |
| 12 | Hoover | 1 | 1% | $35,003 |
| 13 | Atlanta | 1 | 0% | $36,615 |
| 14 | Baton Rouge | 1 | 0% | $33,578 |
| 15 | Birmingham | 1 | 0% | $35,045 |
| 16 | Boston | 1 | 0% | $45,402 |
| 17 | Denver | 1 | 0% | $35,013 |
| 18 | Des Moines | 1 | 0% | $46,573 |