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Job outlook for loan consultants in the United States
Loan consultant job growth summary. After extensive research, interviews, and analysis, Zippia's data science team found that:
The projected loan consultant job growth rate is 4% from 2018-2028.
About 12,600 new jobs for loan consultants are projected over the next decade.
Loan consultant salaries have increased 0% for loan consultants in the last 5 years.
There are over 159,353 loan consultants currently employed in the United States.
There are 23,448 active loan consultant job openings in the US.
The average loan consultant salary is $38,876.
Are loan consultant jobs in demand?
Loan consultant job and salary trends over time
Loan consultant jobs over time
Loan consultant job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 159,353 | 0.05% |
| 2020 | 144,409 | 0.04% |
| 2019 | 144,330 | 0.04% |
| 2018 | 142,996 | 0.04% |
| 2017 | 144,121 | 0.04% |
Average loan consultant salary over time
Loan consultant salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $38,876 | $18.69 | +1.1% |
| 2025 | $38,457 | $18.49 | +0.4% |
| 2024 | $38,317 | $18.42 | --2.5% |
| 2023 | $39,302 | $18.90 | +1.6% |
| 2022 | $38,688 | $18.60 | +0.3% |
Loan consultant jobs by state
Most common states for loan consultants
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | South Dakota | 869,666 | 181 | 21% |
| 2 | Alabama | 4,874,747 | 657 | 13% |
| 3 | District of Columbia | 693,972 | 86 | 12% |
| 4 | Oklahoma | 3,930,864 | 443 | 11% |
| 5 | Mississippi | 2,984,100 | 332 | 11% |
| 6 | Minnesota | 5,576,606 | 480 | 9% |
| 7 | Delaware | 961,939 | 64 | 7% |
| 8 | Arizona | 7,016,270 | 410 | 6% |
| 9 | Colorado | 5,607,154 | 318 | 6% |
| 10 | Montana | 1,050,493 | 66 | 6% |
| 11 | Rhode Island | 1,059,639 | 66 | 6% |
| 12 | North Dakota | 755,393 | 46 | 6% |
| 13 | Wyoming | 579,315 | 37 | 6% |
| 14 | Vermont | 623,657 | 37 | 6% |
| 15 | Florida | 20,984,400 | 953 | 5% |
| 16 | New Jersey | 9,005,644 | 434 | 5% |
| 17 | Missouri | 6,113,532 | 321 | 5% |
| 18 | Iowa | 3,145,711 | 147 | 5% |
| 19 | Kansas | 2,913,123 | 134 | 5% |
| 20 | Idaho | 1,716,943 | 89 | 5% |
Most common cities for loan consultants
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | Laurel | 1 | 4% | $45,543 |
| 2 | Boca Raton | 1 | 1% | $40,889 |
| 3 | Greenville | 1 | 1% | $41,029 |
| 4 | Livermore | 1 | 1% | $43,080 |
| 5 | Plymouth | 1 | 1% | $45,757 |
| 6 | Topeka | 1 | 1% | $39,354 |
| 7 | Detroit | 1 | 0% | $40,178 |
| 8 | Irvine | 1 | 0% | $41,436 |
Loan Consultant job outlook: Expert opinions
Our panel of loan consultant experts
Duke University
Columbia International University
Michael Munger
Director of Undergraduate Studies, Director, PPE ProgramDuke University
Department of Political Science
What skills stand out on Loan Consultant resumes?
Michael Munger: Political science is an ancient career synergy, one that explores the connections between ethical considerations and engineering policy that works. Someone who majors in Political Science is able to make arguments about the questions that have plagued philosophers for thousands of years while using the latest data techniques to scrape online sources of information on social media. So political science instructors have to combine ethics, knowledge of esoteric procedures and laws, and statistics!
Dr. Brian Simmons
Associate ProvostColumbia International University
School of Education and the School of Business and Professional Studies
What Loan Consultant skills would you recommend for someone trying to advance their career?
Dr. Brian Simmons: I would not think so much in terms of "skills to enhance" but rather experiences that will add depth of insight and understanding. Candidates with a variety of practical experiences, coupled with rigorous academic training, are set apart from others.