Best Cities for Loan Officerss

Cities ranked by purchasing power — where loan officerss get the most value from their salary after accounting for cost of living. A score above 1.00 means better than national average.

How we calculate this: City Score = (Local Salary ÷ National Median) ÷ (Local Cost ÷ National Avg Cost). A score of 1.20 means 20% better purchasing power than average.

#	Location	Score	Raw Salary	Adjusted Salary	Rent/Income
1	Minneapolis-St. Paul-Bloomington, MN-WIMetro	1.34	$102,200	$102,714	17%
2	MinnesotaState	1.27	$95,170	$97,112	16%
3	KansasState	1.26	$86,970	$96,633	14%
4	IowaState	1.22	$83,670	$93,800	14%
5	MassachusettsState	1.22	$101,600	$93,641	27%
6	OregonState	1.20	$94,440	$91,689	20%
7	North DakotaState	1.19	$84,650	$91,415	14%
8	Boston-Cambridge-Newton, MA-NHMetro	1.19	$103,400	$91,101	30%
9	ColoradoState	1.17	$94,520	$89,677	23%
10	ConnecticutState	1.16	$95,730	$88,968	20%
11	Kansas City, MO-KSMetro	1.16	$82,330	$88,718	19%
12	Portland-Vancouver-Hillsboro, OR-WAMetro	1.16	$96,100	$89,147	22%
13	South DakotaState	1.15	$79,920	$88,018	14%
14	Columbus, OHMetro	1.15	$82,160	$87,872	19%
15	NebraskaState	1.14	$79,840	$87,257	16%
16	VermontState	1.13	$88,710	$86,546	19%
17	Washington-Arlington-Alexandria, DC-VA-MD-WVMetro	1.13	$97,800	$86,702	24%
18	WyomingState	1.12	$79,620	$85,613	15%
19	New JerseyState	1.11	$92,920	$85,404	23%
20	New YorkState	1.11	$95,710	$85,076	23%
21	WisconsinState	1.11	$78,290	$84,821	17%
22	OhioState	1.10	$76,370	$84,480	16%
23	Detroit-Warren-Dearborn, MIMetro	1.09	$76,260	$83,618	19%
24	MissouriState	1.08	$73,660	$83,138	17%
25	OklahomaState	1.08	$72,990	$82,475	16%
26	DelawareState	1.07	$83,130	$82,307	20%
27	MaineState	1.07	$81,900	$82,064	19%
28	ArkansasState	1.06	$70,260	$81,414	15%
29	District of ColumbiaState	1.06	$92,890	$81,269	27%
30	IllinoisState	1.06	$79,150	$81,263	20%
31	Charlotte-Concord-Gastonia, NC-SCMetro	1.06	$78,200	$81,628	23%
32	IndianaState	1.05	$72,960	$80,619	17%
33	MichiganState	1.05	$74,470	$80,683	18%
34	North CarolinaState	1.05	$75,920	$80,424	21%
35	Atlanta-Sandy Springs-Roswell, GAMetro	1.03	$76,340	$78,864	25%
36	Pittsburgh, PAMetro	1.03	$73,360	$79,308	19%
37	San Jose-Sunnyvale-Santa Clara, CAMetro	1.03	$95,090	$79,110	40%
38	AlabamaState	1.00	$66,710	$76,590	17%
39	Rhode IslandState	1.00	$77,250	$76,866	23%
40	New HampshireState	0.99	$80,660	$76,094	24%
41	VirginiaState	0.99	$78,320	$75,671	24%
42	Dallas-Fort Worth-Arlington, TXMetro	0.99	$73,930	$76,060	26%
43	Philadelphia-Camden-Wilmington, PA-NJ-DE-MDMetro	0.98	$77,590	$74,966	25%
44	MontanaState	0.97	$71,570	$74,243	19%
45	WashingtonState	0.97	$80,120	$74,669	28%
46	CaliforniaState	0.96	$81,770	$73,866	33%
47	GeorgiaState	0.96	$68,490	$73,330	25%
48	IdahoState	0.96	$71,070	$73,648	20%
49	Seattle-Tacoma-Bellevue, WAMetro	0.96	$83,720	$73,246	32%
50	Tampa-St. Petersburg-Clearwater, FLMetro	0.96	$72,220	$73,320	29%
51	San Antonio-New Braunfels, TXMetro	0.95	$66,810	$72,620	23%
52	MississippiState	0.93	$60,260	$71,061	18%
53	PennsylvaniaState	0.93	$69,300	$71,443	22%
54	AlaskaState	0.91	$72,800	$69,799	23%
55	FloridaState	0.91	$71,090	$70,039	29%
56	KentuckyState	0.91	$62,090	$70,158	19%
57	TexasState	0.91	$66,370	$69,425	25%
58	South CarolinaState	0.90	$63,220	$68,717	24%
59	Los Angeles-Long Beach-Anaheim, CAMetro	0.90	$80,360	$68,979	34%
60	New MexicoState	0.89	$62,610	$68,054	20%
61	TennesseeState	0.89	$62,800	$68,634	24%
62	West VirginiaState	0.89	$57,580	$68,385	17%
63	LouisianaState	0.88	$61,110	$67,825	21%
64	MarylandState	0.88	$73,580	$67,381	27%
65	Miami-Fort Lauderdale-West Palm Beach, FLMetro	0.86	$71,510	$65,908	34%
66	Nashville-Davidson--Murfreesboro--Franklin, TNMetro	0.85	$62,800	$65,281	30%
67	NevadaState	0.84	$64,500	$64,371	27%
68	Baltimore-Columbia-Towson, MDMetro	0.84	$68,470	$64,716	29%
69	ArizonaState	0.80	$62,160	$61,606	29%
70	UtahState	0.77	$59,440	$59,321	30%
71	HawaiiState	0.76	$63,740	$57,945	45%

Data Sources: Salary: U.S. Bureau of Labor Statistics (OEWS). Cost of Living: BEA Regional Price Parities (2024). Rent: HUD Fair Market Rents (FY2025).