Best cities for a loan manager
The best cities for loan managers are Newark, NJ, Boston, MA, and Jersey City, NJ, based on factors like average salary and job availability per capita. Jobs and pay for loan managers vary across the country, but we've determined the ten best cities for loan managers in the U.S.
Whether you're starting your career as a loan manager or considering a move, this list of the best cities for loan managers to live in will help you decide. These aren't just the best-paying cities for loan managers. We also consider how easy it is to find work as a loan manager. While the absolute best city for loan managers is Newark, NJ, there are plenty of other great places to consider.
Keep reading to learn more about the best cities for loan managers in 2024.
If you're looking for a loan manager job, here are five companies hiring now:
10 best cities for loan managers in 2025
1. Newark, NJ
Total loan manager jobs: 4 Average annual salary: $76,880 Lowest 10 percent warn: $47,000 Highest 10 percent earn: $125,000 Location quotient: 16.35 2. Boston, MA
Total loan manager jobs: 7 Average annual salary: $74,902 Lowest 10 percent warn: $47,000 Highest 10 percent earn: $117,000 Location quotient: 4.66 3. Jersey City, NJ
Total loan manager jobs: 0 Average annual salary: $77,052 Lowest 10 percent warn: $47,000 Highest 10 percent earn: $125,000 Location quotient: 0.00 4. Brookhaven, NY
Total loan manager jobs: 0 Average annual salary: $73,804 Lowest 10 percent warn: $45,000 Highest 10 percent earn: $119,000 Location quotient: 0.00 5. Islip, NY
Total loan manager jobs: 0 Average annual salary: $73,580 Lowest 10 percent warn: $45,000 Highest 10 percent earn: $119,000 Location quotient: 0.00 6. New York, NY
Total loan manager jobs: 6 Average annual salary: $72,589 Lowest 10 percent warn: $44,000 Highest 10 percent earn: $118,000 Location quotient: 0.87 7. Oyster Bay, NY
Total loan manager jobs: 0 Average annual salary: $73,148 Lowest 10 percent warn: $45,000 Highest 10 percent earn: $118,000 Location quotient: 0.00 8. Hempstead, NY
Total loan manager jobs: 0 Average annual salary: $73,056 Lowest 10 percent warn: $44,000 Highest 10 percent earn: $118,000 Location quotient: 0.00 9. Durham, NC
Total loan manager jobs: 0 Average annual salary: $60,485 Lowest 10 percent warn: $35,000 Highest 10 percent earn: $101,000 Location quotient: 0.00 10. San Antonio, TX
Total loan manager jobs: 5 Average annual salary: $51,584 Lowest 10 percent warn: $31,000 Highest 10 percent earn: $84,000 Location quotient: 8.10
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Best cities for loan managers
- Newark, NJ
- Boston, MA
- Jersey City, NJ
- Brookhaven, NY
- Islip, NY
- New York, NY
- Oyster Bay, NY
- Hempstead, NY
- Durham, NC
- San Antonio, TX
- (4 loan manager jobs)
- (7 loan manager jobs)
- (0 loan manager jobs)
- (0 loan manager jobs)
- (0 loan manager jobs)
- (6 loan manager jobs)
- (0 loan manager jobs)
- (0 loan manager jobs)
- (0 loan manager jobs)
- (5 loan manager jobs)
Detailed list of the best cities for a loan manager
| Rank | City | Average salary | Lowest 10% Earn | Population | Job count |
|---|---|---|---|---|---|
| 1 | Newark, NJ | $76,880 | $47,000 | 281,764 | 4 |
| 2 | Boston, MA | $74,902 | $47,000 | 673,184 | 7 |
| 3 | Jersey City, NJ | $77,052 | $47,000 | 264,152 | - |
| 4 | Brookhaven, NY | $73,804 | $45,000 | 486,040 | - |
| 5 | Islip, NY | $73,580 | $45,000 | 335,543 | - |
| 6 | New York, NY | $72,589 | $44,000 | 8,537,673 | 6 |
| 7 | Oyster Bay, NY | $73,148 | $45,000 | 293,214 | - |
| 8 | Hempstead, NY | $73,056 | $44,000 | 759,757 | - |
| 9 | Durham, NC | $60,485 | $35,000 | 263,016 | - |
| 10 | San Antonio, TX | $51,584 | $31,000 | 1,492,510 | 5 |
| 11 | Philadelphia, PA | $58,633 | $35,000 | 1,567,872 | - |
| 12 | Greensboro, NC | $58,627 | $35,000 | 287,027 | - |
| 13 | Miami, FL | $62,275 | $37,000 | 453,579 | - |
| 14 | Raleigh, NC | $60,775 | $36,000 | 458,880 | - |
| 15 | Hialeah, FL | $62,250 | $37,000 | 236,387 | - |
| 16 | Saint Petersburg, FL | $60,950 | $35,000 | 260,999 | - |
| 17 | Winston-Salem, NC | $57,649 | $34,000 | 242,203 | - |
| 18 | Jacksonville, FL | $56,187 | $32,000 | 880,619 | 2 |
| 19 | Pittsburgh, PA | $45,448 | $28,000 | 303,625 | 2 |
| 20 | Tampa, FL | $60,711 | $35,000 | 377,165 | - |
| 21 | Charlotte, NC | $55,711 | $33,000 | 842,051 | 1 |
| 22 | Houston, TX | $50,953 | $30,000 | 2,303,482 | 2 |
| 23 | Baltimore, MD | $70,880 | $42,000 | 614,664 | - |
| 24 | Albuquerque, NM | $57,579 | $37,000 | 559,277 | - |
| 25 | Orlando, FL | $60,003 | $34,000 | 277,173 | - |
| 26 | Laredo, TX | $54,581 | $33,000 | 257,156 | - |
| 27 | Columbus, OH | $44,453 | $28,000 | 860,090 | - |
| 28 | Seattle, WA | $55,740 | $37,000 | 704,352 | 2 |
| 29 | Austin, TX | $50,181 | $30,000 | 947,890 | - |
| 30 | Minneapolis, MN | $49,485 | $34,000 | 413,651 | 4 |
| 31 | Detroit, MI | $47,273 | $30,000 | 672,795 | - |
| 32 | Irving, TX | $46,610 | $28,000 | 238,289 | 1 |
| 33 | Cleveland, OH | $48,762 | $31,000 | 385,809 | - |
| 34 | Corpus Christi, TX | $54,057 | $32,000 | 325,733 | - |
| 35 | Dallas, TX | $46,686 | $28,000 | 1,317,929 | 1 |
| 36 | Buffalo, NY | $60,794 | $38,000 | 256,902 | - |
| 37 | Reno, NV | $47,277 | $30,000 | 245,255 | - |
| 38 | Washington, DC | $63,062 | $37,000 | 681,170 | - |
| 39 | Milwaukee, WI | $42,851 | $28,000 | 595,047 | 2 |
| 40 | El Paso, TX | $48,710 | $31,000 | 683,080 | - |
| 41 | Garland, TX | $46,473 | $28,000 | 234,943 | - |
| 42 | Toledo, OH | $44,984 | $29,000 | 278,508 | - |
| 43 | Plano, TX | $46,332 | $28,000 | 286,057 | - |
| 44 | Saint Paul, MN | $49,500 | $34,000 | 302,398 | - |
| 45 | Virginia Beach, VA | $52,073 | $30,000 | 452,602 | - |
| 46 | New Orleans, LA | $46,291 | $27,000 | 391,495 | - |
| 47 | Arlington, TX | $46,800 | $29,000 | 392,772 | - |
| 48 | Fort Worth, TX | $46,775 | $29,000 | 854,113 | - |
| 49 | Norfolk, VA | $51,573 | $30,000 | 245,115 | - |
| 50 | Denver, CO | $50,033 | $33,000 | 693,060 | 6 |
Highest paying cities for loan managers
| Rank | City | Avg. loan manager salary |
|---|---|---|
| 1 | Jersey City, NJ | $77,052 |
| 2 | Boston, MA | $74,902 |
| 3 | New York, NY | $72,589 |
| 4 | Columbia, MD | $69,632 |
| 5 | Southington, CT | $69,285 |
| 6 | Washington, DC | $63,062 |
| 7 | Urban Honolulu, HI | $56,606 |
| 8 | Lancaster, PA | $56,168 |
| 9 | Charlotte, NC | $55,711 |
| 10 | McLean, VA | $54,031 |
| 11 | San Antonio, TX | $51,584 |
| 12 | Denver, CO | $50,033 |
| 13 | Minneapolis, MN | $49,485 |
| 14 | San Francisco, CA | $48,720 |
| 15 | Greenville, SC | $47,663 |
| 16 | New Orleans, LA | $46,291 |
| 17 | Tucson, AZ | $42,088 |
| 18 | Atlanta, GA | $41,474 |
| 19 | Jefferson City, MO | $40,557 |
| 20 | Gulfport, MS | $39,668 |
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Updated January 8, 2025