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Application processor salary
Average application processor salary
$15.59
Understanding Application Processor Salaries
As an Application Processor, your salary can vary significantly based on factors such as experience, location, and the specific industry you work in. Currently, the average salary stands at $32,435 per year, but this figure can increase with experience and advancement into specialized roles. For example, those with several years of experience can expect higher compensation, with top earners making over $45,000 annually.
Salary by State and City
Location plays a crucial role in salary variances. States such as California and New York typically offer higher wages due to the cost of living and demand for skilled workers. Major cities like San Francisco and New York City often provide even more lucrative opportunities. To get a clearer picture of potential earnings, explore job listings in your area.
Career Outlook
The demand for Application Processors is expected to grow, particularly in industries like finance, healthcare, and technology. This growth translates to more job openings and competitive salaries. Whether you’re just starting or looking to advance in your career, understanding salary trends can help you negotiate better pay and find roles that align with your career goals.
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Where can an Application Processor earn more?
Application processor salaries by experience level
Average application processor salary by state
The highest-paying states for application processors are West Virginia, Maryland, and New Jersey. The lowest average application processor salary states are Nevada, Tennessee, and Virginia.
- State view
- County view
Highest paying states for application processors
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Rhode Island | $36,248 | $17.43 |
| 2 | New Jersey | $38,645 | $18.58 |
| 3 | California | $38,398 | $18.46 |
| 4 | Massachusetts | $36,459 | $17.53 |
| 5 | Vermont | $35,883 | $17.25 |
| 6 | West Virginia | $40,321 | $19.39 |
| 7 | Kansas | $34,626 | $16.65 |
| 8 | Maryland | $39,331 | $18.91 |
| 9 | Oregon | $34,532 | $16.60 |
| 10 | Kentucky | $35,686 | $17.16 |
| 11 | Illinois | $35,334 | $16.99 |
| 12 | Minnesota | $33,246 | $15.98 |
| 13 | New York | $36,423 | $17.51 |
| 14 | Arkansas | $34,588 | $16.63 |
| 15 | Wisconsin | $33,834 | $16.27 |
| 16 | Pennsylvania | $32,808 | $15.77 |
| 17 | Connecticut | $35,111 | $16.88 |
| 18 | Colorado | $34,616 | $16.64 |
| 19 | Washington | $35,396 | $17.02 |
| 20 | New Hampshire | $34,680 | $16.67 |
| 21 | Indiana | $33,146 | $15.94 |
| 22 | North Dakota | $32,752 | $15.75 |
| 23 | North Carolina | $31,435 | $15.11 |
| 24 | Iowa | $33,098 | $15.91 |
| 25 | Utah | $30,528 | $14.68 |
| 26 | Maine | $32,458 | $15.60 |
| 27 | Michigan | $29,850 | $14.35 |
| 28 | South Dakota | $30,355 | $14.59 |
| 29 | Alaska | $32,046 | $15.41 |
| 30 | Ohio | $29,684 | $14.27 |
| 31 | Montana | $30,526 | $14.68 |
| 32 | Arizona | $30,152 | $14.50 |
| 33 | Delaware | $32,849 | $15.79 |
| 34 | Oklahoma | $31,575 | $15.18 |
| 35 | Alabama | $31,264 | $15.03 |
| 36 | Wyoming | $31,048 | $14.93 |
| 37 | Georgia | $31,147 | $14.97 |
| 38 | Nebraska | $29,189 | $14.03 |
| 39 | Nevada | $28,667 | $13.78 |
| 40 | Florida | $29,196 | $14.04 |
| 41 | Louisiana | $30,739 | $14.78 |
| 42 | Texas | $28,236 | $13.57 |
| 43 | New Mexico | $28,814 | $13.85 |
| 44 | Tennessee | $28,398 | $13.65 |
| 45 | Virginia | $28,352 | $13.63 |
| 46 | Hawaii | $31,480 | $15.13 |
| 47 | Idaho | $29,131 | $14.01 |
| 48 | District of Columbia | $26,435 | $12.71 |
| 49 | South Carolina | $28,708 | $13.80 |
| 50 | Mississippi | $28,138 | $13.53 |
| 51 | Missouri | $27,367 | $13.16 |
Highest paying cities for application processors
The highest-paying cities for application processors are Santa Rosa, CA, Hackensack, NJ, and New York, NY.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Santa Rosa, CA | $38,864 | $18.68 |
| 2 | Hackensack, NJ | $38,758 | $18.63 |
| 3 | New York, NY | $36,413 | $17.51 |
| 4 | Chicago, IL | $35,431 | $17.03 |
| 5 | Greeley, CO | $34,683 | $16.67 |
| 6 | Madison, WI | $33,720 | $16.21 |
| 7 | Saint Paul, MN | $33,231 | $15.98 |
| 8 | Newark, DE | $32,870 | $15.80 |
| 9 | Harrisburg, PA | $32,751 | $15.75 |
| 10 | Ann Arbor, MI | $29,798 | $14.33 |
| 11 | North Miami Beach, FL | $29,030 | $13.96 |
| 12 | Columbia, SC | $28,758 | $13.83 |
| 13 | Las Vegas, NV | $28,632 | $13.77 |
| 14 | Irving, TX | $28,222 | $13.57 |
Application processor salary details
An application processor's salary ranges from $27,000 a year at the 10th percentile to $38,000 at the 90th percentile.
What is an application processor's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $38,000 | $3,167 | $18 |
| 75th Percentile | $35,000 | $2,917 | $17 |
| Average | $32,435 | $2,703 | $16 |
| 25th Percentile | $29,000 | $2,417 | $14 |
| 10th Percentile | $27,000 | $2,250 | $13 |
Highest paying application processor jobs
The highest paying types of application processors are loan servicing specialist, mortgage loan processor, and loan specialist.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Loan Services Representative | $38,603 | $3,217 | $18.56 | 85,475 |
| Loan Closer | $39,093 | $3,258 | $18.79 | 11,431 |
| Loan Coordinator | $39,836 | $3,320 | $19.15 | 24,765 |
| Closing Coordinator | $39,066 | $3,256 | $18.78 | 19,203 |
| Transaction Coordinator | $41,792 | $3,483 | $20.09 | 16,804 |
| Mortgage Processor | $40,527 | $3,377 | $19.48 | 9,057 |
Top companies hiring application processors now:
Which companies pay application processors the most?
Application processor salaries at PSECU and TRC Companies are the highest-paying according to our most recent salary estimates. In addition, the average application processor salary at companies like University of Michigan and Marten Transport are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | PSECU | $37,969 | $18.25 |
| 2 | TRC Companies | $35,849 | $17.24 |
| 3 | University of Michigan | $35,123 | $16.89 |
| 4 | Marten Transport | $33,750 | $16.23 |
| 5 | UMS Banking | $33,349 | $16.03 |
| 6 | ConcordRENTS | $32,481 | $15.62 |
| 7 | Remedy Intelligent Staffing | $32,182 | $15.47 |
| 8 | Allina Health | $32,128 | $15.45 |
| 9 | Illinois Institute of Technology | $32,028 | $15.40 |
| 10 | New York City Housing Development | $31,910 | $15.34 |
| 11 | Prince George's County Police | $31,910 | $15.34 |
| 12 | Randstad North America, Inc. | $31,278 | $15.04 |
| 13 | The Chefs' Warehouse | $31,259 | $15.03 |
| 14 | Russell Tobin | $31,052 | $14.93 |
| 15 | Adecco | $30,824 | $14.82 |
| 16 | Robert Half | $30,668 | $14.74 |
| 17 | University of South Carolina | $29,514 | $14.19 |
| 18 | 84 Lumber | $29,163 | $14.02 |
| 19 | Sonic Drive-In | $28,596 | $13.75 |
Wage gap by gender, race and education
Application Processor salary by industry
The average application processor salary varies across industries:
- The average application processor salary in the manufacturing industry is $36,099, the highest of any industry.
- The average application processor salary in the finance industry is $34,009.
- Application processors in the finance industry earn an average salary of $32,963, the lowest of any industry.
Highest paying industries for application processors
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Manufacturing | $36,099 | $17.36 |
| 2 | Insurance | $34,009 | $16.35 |
| 3 | Education | $33,473 | $16.09 |
| 4 | Finance | $32,963 | $15.85 |
High paying application processor jobs
Application processor salary trends
The average application processor salary has risen by $5,135 over the last ten years. In 2014, the average application processor earned $27,300 annually, but today, they earn $32,435 a year. That works out to a 7% change in pay for application processors over the last decade.
Compare application processor salaries for cities or states with the national average over time.
Average application processor salary over time
Compare application processor salaries for individual cities or states with the national average.
Application processor salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $32,400 | $15.59 | +1.8% |
| 2024 | $31,900 | $15.32 | +1.8% |
| 2023 | $31,300 | $15.04 | +2.1% |
| 2022 | $30,600 | $14.72 | +1.1% |
| 2021 | $30,300 | $14.56 | +2.4% |
Recently added application processor salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Reli Group | Application Processor | Millington, MD | 06/12/2025 | $31,305 |
| Adecco Us, Inc. | Application Processor | Newark, DE | 06/03/2025 | $37,566 |
| Teksystems | Home Equity Processor/Loab Application Processor | Baltimore, MD | 05/28/2025 | $48,001 |
| Adecco Us, Inc. | Application Processor | Newark, DE | 05/02/2025 | $37,566 |
| Adecco Us, Inc. | Application Processor | Newark, DE | 04/04/2025 | $37,566 |
| Chefs' Warehouse | Cash Applications Processor | Dallas, TX | 03/27/2025 | $54,262 |
| Adecco Us, Inc. | Application Processor | Newark, DE | 03/27/2025 | $37,566 |
| Concordrents | Credit Application Processor | Maitland, FL | 03/21/2025 | $41,740 |
| Kennesaw State University | Admissions Application Processor | Kennesaw, GA | 03/20/2025 | $33,663 |
| Abraham Baldwin Agricultural College | Admissions Application Processor | Kennesaw, GA | 03/19/2025 | $33,663 |
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