Best cities for a Commercial Loan Officer
The best cities for commercial loan officers are Raleigh, NC, Milwaukee, WI, and Newark, NJ, based on factors like average salary and job availability per capita. Jobs and pay for commercial loan officers vary across the country, but we've determined the ten best cities for commercial loan officers in the U.S.
Whether you're starting your career as a commercial loan officer or considering a move, this list of the best cities for commercial loan officers to live in will help you decide. These aren't just the best-paying cities for commercial loan officers. We also consider how easy it is to find work as a commercial loan officer. While the absolute best city for commercial loan officers is Raleigh, NC, there are plenty of other great places to consider.
Keep reading to learn more about the best cities for commercial loan officers in 2024.
If you're looking for a Commercial Loan Officer job, here are five companies hiring now:
10 best cities for Commercial loan officers In 2025
1. Raleigh, NC
Total Commercial Loan Officer jobs: 2 Average annual salary: $80,075 Lowest 10 percent warn: $53,000 Highest 10 percent earn: $119,000 Location quotient: 0.99 2. Milwaukee, WI
Total Commercial Loan Officer jobs: 7 Average annual salary: $66,614 Lowest 10 percent warn: $47,000 Highest 10 percent earn: $93,000 Location quotient: 4.55 3. Newark, NJ
Total Commercial Loan Officer jobs: 2 Average annual salary: $82,362 Lowest 10 percent warn: $56,000 Highest 10 percent earn: $119,000 Location quotient: 2.20 4. Saint Paul, MN
Total Commercial Loan Officer jobs: 1 Average annual salary: $77,205 Lowest 10 percent warn: $56,000 Highest 10 percent earn: $105,000 Location quotient: 0.67 5. Charlotte, NC
Total Commercial Loan Officer jobs: 3 Average annual salary: $77,116 Lowest 10 percent warn: $51,000 Highest 10 percent earn: $114,000 Location quotient: 0.65 6. Tampa, FL
Total Commercial Loan Officer jobs: 4 Average annual salary: $71,724 Lowest 10 percent warn: $48,000 Highest 10 percent earn: $106,000 Location quotient: 1.48 7. Seattle, WA
Total Commercial Loan Officer jobs: 4 Average annual salary: $87,312 Lowest 10 percent warn: $59,000 Highest 10 percent earn: $127,000 Location quotient: 0.61 8. Lexington, KY
Total Commercial Loan Officer jobs: 2 Average annual salary: $63,170 Lowest 10 percent warn: $43,000 Highest 10 percent earn: $92,000 Location quotient: 4.12 9. Durham, NC
Total Commercial Loan Officer jobs: 0 Average annual salary: $79,895 Lowest 10 percent warn: $53,000 Highest 10 percent earn: $118,000 Location quotient: 0.00 10. Greensboro, NC
Total Commercial Loan Officer jobs: 0 Average annual salary: $78,710 Lowest 10 percent warn: $52,000 Highest 10 percent earn: $116,000 Location quotient: 0.00
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Best cities for commercial loan officers
- Raleigh, NC
- Milwaukee, WI
- Newark, NJ
- Saint Paul, MN
- Charlotte, NC
- Tampa, FL
- Seattle, WA
- Lexington, KY
- Durham, NC
- Greensboro, NC
- (2 commercial loan officer jobs)
- (7 commercial loan officer jobs)
- (2 commercial loan officer jobs)
- (1 commercial loan officer jobs)
- (3 commercial loan officer jobs)
- (4 commercial loan officer jobs)
- (4 commercial loan officer jobs)
- (2 commercial loan officer jobs)
- (0 commercial loan officer jobs)
- (0 commercial loan officer jobs)
Detailed list of the best cities for a Commercial Loan Officer
| Rank | City | Average Salary | Lowest 10% Earn | Population | Job Count |
|---|---|---|---|---|---|
| 1 | Raleigh, NC | $80,075 | $53,000 | 458,880 | 2 |
| 2 | Milwaukee, WI | $66,614 | $47,000 | 595,047 | 7 |
| 3 | Newark, NJ | $82,362 | $56,000 | 281,764 | 2 |
| 4 | Saint Paul, MN | $77,205 | $56,000 | 302,398 | 1 |
| 5 | Charlotte, NC | $77,116 | $51,000 | 842,051 | 3 |
| 6 | Tampa, FL | $71,724 | $48,000 | 377,165 | 4 |
| 7 | Seattle, WA | $87,312 | $59,000 | 704,352 | 4 |
| 8 | Lexington, KY | $63,170 | $43,000 | 318,449 | 2 |
| 9 | Durham, NC | $79,895 | $53,000 | 263,016 | - |
| 10 | Greensboro, NC | $78,710 | $52,000 | 287,027 | - |
| 11 | Madison, WI | $65,986 | $47,000 | 252,551 | 3 |
| 12 | Winston-Salem, NC | $78,141 | $52,000 | 242,203 | - |
| 13 | Detroit, MI | $67,872 | $47,000 | 672,795 | 1 |
| 14 | Albuquerque, NM | $78,601 | $55,000 | 559,277 | - |
| 15 | Minneapolis, MN | $77,177 | $56,000 | 413,651 | - |
| 16 | Portland, OR | $75,753 | $51,000 | 639,863 | 1 |
| 17 | Jersey City, NJ | $82,417 | $56,000 | 264,152 | - |
| 18 | Cleveland, OH | $67,208 | $46,000 | 385,809 | - |
| 19 | Boston, MA | $82,355 | $57,000 | 673,184 | - |
| 20 | Denver, CO | $72,587 | $52,000 | 693,060 | 8 |
| 21 | Miami, FL | $71,639 | $48,000 | 453,579 | 1 |
| 22 | Saint Petersburg, FL | $71,769 | $48,000 | 260,999 | - |
| 23 | Toledo, OH | $65,146 | $45,000 | 278,508 | - |
| 24 | Hialeah, FL | $71,645 | $48,000 | 236,387 | - |
| 25 | Orlando, FL | $71,599 | $48,000 | 277,173 | - |
| 26 | Columbus, OH | $63,655 | $44,000 | 860,090 | - |
| 27 | Brookhaven, NY | $78,148 | $53,000 | 486,040 | - |
| 28 | Islip, NY | $77,952 | $53,000 | 335,543 | - |
| 29 | Jacksonville, FL | $71,286 | $47,000 | 880,619 | - |
| 30 | Omaha, NE | $65,258 | $46,000 | 446,970 | 1 |
| 31 | Oyster Bay, NY | $77,824 | $53,000 | 293,214 | - |
| 32 | New York, NY | $77,488 | $53,000 | 8,537,673 | 9 |
| 33 | Baltimore, MD | $81,075 | $55,000 | 614,664 | - |
| 34 | Hempstead, NY | $77,665 | $53,000 | 759,757 | - |
| 35 | Cincinnati, OH | $62,209 | $42,000 | 298,800 | - |
| 36 | Louisville, KY | $62,843 | $43,000 | 597,337 | - |
| 37 | Saint Louis, MO | $61,436 | $42,000 | 311,404 | 3 |
| 38 | Philadelphia, PA | $63,556 | $43,000 | 1,567,872 | - |
| 39 | Fort Wayne, IN | $55,269 | $38,000 | 264,488 | 5 |
| 40 | Aurora, CO | $72,566 | $52,000 | 361,710 | - |
| 41 | Lincoln, NE | $64,900 | $46,000 | 280,364 | - |
| 42 | Fort Worth, TX | $59,552 | $41,000 | 854,113 | 1 |
| 43 | Dallas, TX | $59,519 | $41,000 | 1,317,929 | 4 |
| 44 | Buffalo, NY | $75,446 | $52,000 | 256,902 | - |
| 45 | Tulsa, OK | $62,583 | $43,000 | 403,090 | - |
| 46 | Corpus Christi, TX | $62,380 | $41,000 | 325,733 | - |
| 47 | Houston, TX | $61,373 | $41,000 | 2,303,482 | 3 |
| 48 | Oklahoma City, OK | $62,521 | $43,000 | 638,367 | - |
| 49 | Colorado Springs, CO | $72,349 | $51,000 | 465,101 | - |
| 50 | San Antonio, TX | $61,568 | $41,000 | 1,492,510 | - |
Highest paying cities for commercial loan officers
| Rank | City | Avg. Commercial Loan Officer Salary |
|---|---|---|
| 1 | Fort Lee, NJ | $82,570 |
| 2 | Andover, MA | $82,385 |
| 3 | Frederick, MD | $80,235 |
| 4 | White Plains, NY | $77,805 |
| 5 | Prior Lake, MN | $76,966 |
| 6 | Portland, OR | $75,753 |
| 7 | Cedar Rapids, IA | $74,633 |
| 8 | Grand Junction, CO | $73,055 |
| 9 | Sioux Falls, SD | $72,366 |
| 10 | Miami, FL | $71,639 |
| 11 | Bozeman, MT | $70,733 |
| 12 | Stevens Point, WI | $66,975 |
| 13 | Ann Arbor, MI | $66,966 |
| 14 | Saint Louis, MO | $61,436 |
| 15 | Houston, TX | $61,373 |
| 16 | San Francisco, CA | $60,625 |
| 17 | Glendale, AZ | $57,195 |
| 18 | Wilmette, IL | $52,759 |
| 19 | Evansville, IN | $52,426 |
Commercial Loan Officer best cities FAQs
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Updated January 8, 2025