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Best states for a Loan Administrator
- Rank 1 - 10
- 11 - 20
- 21 - 30
- 31 - 40
- 41 - 51
Not all states present equal opportunity for employees, and when it comes to loan administrator jobs, it's no different. We know how hard job search can be, and in order to make your life a little easier, we have the information you need in order to determine where you might want to start your job search. Turns out, the median salary for the highest 10% of loan administrators in America is $59,000.
Minnesota is the best state for jobs for loan administrators, and Indiana is the worst. The most common pay in Minnesota is $46,288, while the median pay in Indiana is $31,979.We found that the South is best for loan administrators, and the West is the worst. Seattle, WA is the best city in the country for loan administrator jobs, where as Minnesota is the best state in the country.
10 best states for loan administrators in 2025
1. Minnesota
Total Loan Administrator Jobs: 834 Average Annual Salary: $46,288 Lowest 10 Percent Earn: $34,000 Highest 10 Percent Earn: $62,000 Location Quotient: 1.242. Hawaii
Total Loan Administrator Jobs: 116 Average Annual Salary: $53,696 Lowest 10 Percent Earn: $47,000 Highest 10 Percent Earn: $61,000 Location Quotient: 1.373. Washington
Total Loan Administrator Jobs: 804 Average Annual Salary: $48,275 Lowest 10 Percent Earn: $38,000 Highest 10 Percent Earn: $61,000 Location Quotient: 1.094. New Mexico
Total Loan Administrator Jobs: 199 Average Annual Salary: $50,054 Lowest 10 Percent Earn: $37,000 Highest 10 Percent Earn: $66,000 Location Quotient: 15. Wyoming
Total Loan Administrator Jobs: 67 Average Annual Salary: $43,184 Lowest 10 Percent Earn: $32,000 Highest 10 Percent Earn: $56,000 Location Quotient: 1.16. North Dakota
Total Loan Administrator Jobs: 115 Average Annual Salary: $42,153 Lowest 10 Percent Earn: $32,000 Highest 10 Percent Earn: $55,000 Location Quotient: 1.227. South Dakota
Total Loan Administrator Jobs: 102 Average Annual Salary: $48,458 Lowest 10 Percent Earn: $36,000 Highest 10 Percent Earn: $64,000 Location Quotient: 0.948. Montana
Total Loan Administrator Jobs: 123 Average Annual Salary: $43,679 Lowest 10 Percent Earn: $34,000 Highest 10 Percent Earn: $55,000 Location Quotient: 1.059. Rhode Island
Total Loan Administrator Jobs: 138 Average Annual Salary: $41,060 Lowest 10 Percent Earn: $27,000 Highest 10 Percent Earn: $61,000 Location Quotient: 1.1210. Colorado
Total Loan Administrator Jobs: 935 Average Annual Salary: $41,990 Lowest 10 Percent Earn: $31,000 Highest 10 Percent Earn: $55,000 Location Quotient: 1.55
How Zippia determines the best states to be a loan administrator
You can read about how the best state rankings are calculated here.
Detailed list of the best states for a loan administrator
| Rank | State | Average Salary | Lowest 10% Earn | Population | Job Count |
|---|---|---|---|---|---|
| 1 | Minnesota | $46,288 | $34,000 | 5,576,606 | 834 |
| 2 | Hawaii | $53,696 | $47,000 | 1,427,538 | 116 |
| 3 | Washington | $48,275 | $38,000 | 7,405,743 | 804 |
| 4 | New Mexico | $50,054 | $37,000 | 2,088,070 | 199 |
| 5 | Wyoming | $43,184 | $32,000 | 579,315 | 67 |
| 6 | North Dakota | $42,153 | $32,000 | 755,393 | 115 |
| 7 | South Dakota | $48,458 | $36,000 | 869,666 | 102 |
| 8 | Montana | $43,679 | $34,000 | 1,050,493 | 123 |
| 9 | Rhode Island | $41,060 | $27,000 | 1,059,639 | 138 |
| 10 | Colorado | $41,990 | $31,000 | 5,607,154 | 935 |
| 11 | Arkansas | $47,258 | $35,000 | 3,004,279 | 200 |
| 12 | Texas | $40,350 | $30,000 | 28,304,596 | 2,316 |
| 13 | Oregon | $42,005 | $32,000 | 4,142,776 | 478 |
| 14 | Maine | $41,639 | $28,000 | 1,335,907 | 124 |
| 15 | North Carolina | $39,424 | $28,000 | 10,273,419 | 990 |
| 16 | Alaska | $40,379 | $34,000 | 739,795 | 119 |
| 17 | New York | $43,794 | $29,000 | 19,849,399 | 1,205 |
| 18 | Michigan | $38,993 | $27,000 | 9,962,311 | 738 |
| 19 | Vermont | $38,986 | $26,000 | 623,657 | 85 |
| 20 | South Carolina | $39,738 | $28,000 | 5,024,369 | 443 |
| 21 | California | $42,498 | $31,000 | 39,536,653 | 3,095 |
| 22 | New Jersey | $40,671 | $27,000 | 9,005,644 | 809 |
| 23 | Maryland | $44,453 | $30,000 | 6,052,177 | 249 |
| 24 | Arizona | $36,557 | $27,000 | 7,016,270 | 906 |
| 25 | Kansas | $37,546 | $28,000 | 2,913,123 | 300 |
| 26 | Nebraska | $39,097 | $29,000 | 1,920,076 | 201 |
| 27 | Ohio | $37,610 | $26,000 | 11,658,609 | 1,005 |
| 28 | Missouri | $36,796 | $27,000 | 6,113,532 | 611 |
| 29 | Illinois | $37,326 | $27,000 | 12,802,023 | 1,220 |
| 30 | West Virginia | $37,494 | $26,000 | 1,815,857 | 126 |
| 31 | Oklahoma | $38,557 | $28,000 | 3,930,864 | 220 |
| 32 | Idaho | $35,312 | $27,000 | 1,716,943 | 186 |
| 33 | Florida | $35,470 | $26,000 | 20,984,400 | 2,039 |
| 34 | Massachusetts | $37,488 | $24,000 | 6,859,819 | 964 |
| 35 | New Hampshire | $36,659 | $24,000 | 1,342,795 | 175 |
| 36 | Kentucky | $36,956 | $26,000 | 4,454,189 | 307 |
| 37 | Connecticut | $38,557 | $25,000 | 3,588,184 | 295 |
| 38 | District of Columbia | $41,107 | $27,000 | 693,972 | 45 |
| 39 | Louisiana | $36,281 | $27,000 | 4,684,333 | 229 |
| 40 | Wisconsin | $35,945 | $25,000 | 5,795,483 | 476 |
| 41 | Utah | $32,297 | $24,000 | 3,101,833 | 453 |
| 42 | Pennsylvania | $34,195 | $22,000 | 12,805,537 | 1,180 |
| 43 | Iowa | $34,891 | $25,000 | 3,145,711 | 337 |
| 44 | Georgia | $35,220 | $26,000 | 10,429,379 | 980 |
| 45 | Nevada | $32,887 | $24,000 | 2,998,039 | 223 |
| 46 | Tennessee | $33,504 | $24,000 | 6,715,984 | 535 |
| 47 | Alabama | $31,230 | $23,000 | 4,874,747 | 484 |
| 48 | Delaware | $31,994 | $21,000 | 961,939 | 122 |
| 49 | Mississippi | $30,593 | $22,000 | 2,984,100 | 211 |
| 50 | Virginia | $34,607 | $23,000 | 8,470,020 | 272 |
| 51 | Indiana | $31,979 | $23,000 | 6,666,818 | 551 |
Highest paying states for loan administrators
| Rank | State | Avg. Loan Administrator Salary |
|---|---|---|
| 1 | Minnesota | $46,288 |
| 2 | Hawaii | $53,696 |
| 3 | Washington | $48,275 |
| 4 | New Mexico | $50,054 |
| 5 | Wyoming | $43,184 |
| 6 | North Dakota | $42,153 |
| 7 | South Dakota | $48,458 |
| 8 | Montana | $43,679 |
| 9 | Rhode Island | $41,060 |
| 10 | Colorado | $41,990 |
| 11 | Arkansas | $47,258 |
| 12 | Texas | $40,350 |
| 13 | Oregon | $42,005 |
| 14 | Maine | $41,639 |
| 15 | North Carolina | $39,424 |
| 16 | Alaska | $40,379 |
| 17 | New York | $43,794 |
| 18 | Michigan | $38,993 |
| 19 | Vermont | $38,986 |
| 20 | South Carolina | $39,738 |
| 21 | California | $42,498 |
| 22 | New Jersey | $40,671 |
| 23 | Maryland | $44,453 |
| 24 | Arizona | $36,557 |
| 25 | Kansas | $37,546 |
| 26 | Nebraska | $39,097 |
| 27 | Ohio | $37,610 |
| 28 | Missouri | $36,796 |
| 29 | Illinois | $37,326 |
| 30 | West Virginia | $37,494 |
| 31 | Oklahoma | $38,557 |
| 32 | Idaho | $35,312 |
| 33 | Florida | $35,470 |
| 34 | Massachusetts | $37,488 |
| 35 | New Hampshire | $36,659 |
| 36 | Kentucky | $36,956 |
| 37 | Connecticut | $38,557 |
| 38 | District of Columbia | $41,107 |
| 39 | Louisiana | $36,281 |
| 40 | Wisconsin | $35,945 |
| 41 | Utah | $32,297 |
| 42 | Pennsylvania | $34,195 |
| 43 | Iowa | $34,891 |
| 44 | Georgia | $35,220 |
| 45 | Nevada | $32,887 |
| 46 | Tennessee | $33,504 |
| 47 | Alabama | $31,230 |
| 48 | Delaware | $31,994 |
| 49 | Mississippi | $30,593 |
| 50 | Virginia | $34,607 |
| 51 | Indiana | $31,979 |
Loan Administrator best states FAQs
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Updated January 8, 2025