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Processor salary
Average processor salary
$15.43
Understanding Processor Salaries
As of October 2025, the average salary for a Processor in the United States is around $32,098 per year. This figure represents about $15 per hour. The salary can differ significantly based on various factors, including geographic location, experience level, and the specific industry in which a Processor is employed.
For instance, Processors in high-demand sectors or larger metropolitan areas often earn higher wages. Cities known for offering competitive salaries for Processors include San Francisco, New York, and Los Angeles. Each state also presents unique salary averages; for example, California and Washington typically feature higher compensation rates compared to the national average.
The salary for Processors can also increase with experience. Entry-level positions may start lower, while those with several years in the field or specialized skills can command salaries significantly above the average. For example, a Processor with five or more years of experience may see salaries rise to $40,000 or more annually.
To optimize career prospects, aspiring Processors should consider obtaining relevant certifications, which can enhance their qualifications and open doors to higher-paying roles.
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Where can a Processor earn more?
Processor salaries by experience level
| Experience level | Avg. salary | Hourly rate |
|---|---|---|
| Entry-level processor | $24,000 | $11.53 |
| Mid-level processor | $29,800 | $14.34 |
| Senior-level processor | $35,200 | $16.93 |
Average processor salary by state
The average processor salary in California, Massachusetts, and Colorado are the highest in the U.S. The lowest average processor salary states are Nebraska, Georgia, and Alabama.
- State view
- County view
Highest paying states for processors
| Rank | State | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Colorado | $35,644 | $17.14 |
| 2 | Oregon | $34,687 | $16.68 |
| 3 | Minnesota | $34,470 | $16.57 |
| 4 | California | $37,952 | $18.25 |
| 5 | South Dakota | $32,388 | $15.57 |
| 6 | Massachusetts | $37,898 | $18.22 |
| 7 | Wisconsin | $33,668 | $16.19 |
| 8 | New Jersey | $34,418 | $16.55 |
| 9 | Montana | $34,020 | $16.36 |
| 10 | Arizona | $31,445 | $15.12 |
| 11 | Illinois | $33,172 | $15.95 |
| 12 | West Virginia | $33,312 | $16.02 |
| 13 | Ohio | $30,969 | $14.89 |
| 14 | North Dakota | $32,688 | $15.72 |
| 15 | Alaska | $32,003 | $15.39 |
| 16 | Washington | $33,868 | $16.28 |
| 17 | New Mexico | $31,117 | $14.96 |
| 18 | Pennsylvania | $31,376 | $15.08 |
| 19 | Connecticut | $33,667 | $16.19 |
| 20 | Michigan | $30,087 | $14.46 |
| 21 | Wyoming | $31,881 | $15.33 |
| 22 | Iowa | $31,265 | $15.03 |
| 23 | Rhode Island | $30,438 | $14.63 |
| 24 | New Hampshire | $32,888 | $15.81 |
| 25 | Idaho | $31,343 | $15.07 |
| 26 | Vermont | $33,295 | $16.01 |
| 27 | Kansas | $29,920 | $14.38 |
| 28 | Maryland | $32,085 | $15.43 |
| 29 | New York | $32,603 | $15.67 |
| 30 | Hawaii | $34,210 | $16.45 |
| 31 | Texas | $28,312 | $13.61 |
| 32 | Kentucky | $28,585 | $13.74 |
| 33 | Virginia | $30,541 | $14.68 |
| 34 | Maine | $30,327 | $14.58 |
| 35 | Missouri | $29,768 | $14.31 |
| 36 | Utah | $27,038 | $13.00 |
| 37 | Nevada | $26,693 | $12.83 |
| 38 | Delaware | $29,920 | $14.38 |
| 39 | Tennessee | $26,898 | $12.93 |
| 40 | Oklahoma | $28,616 | $13.76 |
| 41 | Indiana | $26,716 | $12.84 |
| 42 | Nebraska | $25,440 | $12.23 |
| 43 | North Carolina | $26,872 | $12.92 |
| 44 | Florida | $22,454 | $10.80 |
| 45 | Arkansas | $26,951 | $12.96 |
| 46 | District of Columbia | $28,831 | $13.86 |
| 47 | Georgia | $24,954 | $12.00 |
| 48 | South Carolina | $26,299 | $12.64 |
| 49 | Louisiana | $22,635 | $10.88 |
| 50 | Alabama | $23,792 | $11.44 |
| 51 | Mississippi | $21,776 | $10.47 |
Highest paying cities for processors
The highest-paying cities for processors are Randolph, MA, San Diego, CA, and Denver, CO.
| Rank | City | Avg. salary | Hourly rate |
|---|---|---|---|
| 1 | Randolph, MA | $37,949 | $18.24 |
| 2 | San Diego, CA | $36,834 | $17.71 |
| 3 | Denver, CO | $35,642 | $17.14 |
| 4 | Salem, OR | $34,745 | $16.70 |
| 5 | Minneapolis, MN | $34,512 | $16.59 |
| 6 | Seattle, WA | $33,909 | $16.30 |
| 7 | Milwaukee, WI | $33,665 | $16.19 |
| 8 | Chicago, IL | $33,339 | $16.03 |
| 9 | Baltimore, MD | $32,283 | $15.52 |
| 10 | Phoenix, AZ | $31,497 | $15.14 |
| 11 | Philadelphia, PA | $31,354 | $15.07 |
| 12 | Columbus, OH | $30,338 | $14.59 |
| 13 | Lewiston, ME | $30,295 | $14.56 |
| 14 | Grand Rapids, MI | $30,226 | $14.53 |
| 15 | Salem, VA | $29,815 | $14.33 |
| 16 | Wichita, KS | $29,738 | $14.30 |
| 17 | Saint Louis, MO | $29,587 | $14.22 |
| 18 | Tulsa, OK | $28,652 | $13.78 |
| 19 | San Antonio, TX | $28,348 | $13.63 |
| 20 | Fort Wayne, IN | $27,579 | $13.26 |
Processors are the most in-demand in these five cities:
Processor salary details
A processor's salary ranges from $24,000 a year at the 10th percentile to $41,000 at the 90th percentile.
What is a processor's salary?
| Percentile | Annual salary | Monthly salary | Hourly rate |
|---|---|---|---|
| 90th Percentile | $41,000 | $3,417 | $20 |
| 75th Percentile | $36,000 | $3,000 | $17 |
| Average | $32,098 | $2,675 | $15 |
| 25th Percentile | $27,000 | $2,250 | $13 |
| 10th Percentile | $24,000 | $2,000 | $12 |
Highest paying processor jobs
The highest paying types of processors are loan servicing specialist, senior loan processor, and loan officer/loan processor.
| Job title | Annual salary | Monthly salary | Hourly rate | Job openings |
|---|---|---|---|---|
| Closing Coordinator | $39,066 | $3,256 | $18.78 | 19,203 |
| Loan Officer/Loan Processor | $46,753 | $3,896 | $22.48 | 71,801 |
| Medical Claims Processor | $36,777 | $3,065 | $17.68 | 59,992 |
| Mortgage Loan Processor | $43,594 | $3,633 | $20.96 | 16,276 |
| Merchandise Processor | $31,092 | $2,591 | $14.95 | 13,551 |
| Data Entry Processor | $32,567 | $2,714 | $15.66 | 83,470 |
Top companies hiring processors now:
Which companies pay processors the most?
Processor salaries at Argonne National Laboratory and Los Alamos National Laboratory are the highest-paying according to our most recent salary estimates. In addition, the average processor salary at companies like USAA and BD are highly competitive.
| Rank | Company | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Argonne National Laboratory | $59,682 | $28.69 |
| 2 | Los Alamos National Laboratory | $58,786 | $28.26 |
| 3 | USAA | $49,441 | $23.77 |
| 4 | BD | $46,202 | $22.21 |
| 5 | Deloitte | $44,891 | $21.58 |
| 6 | University of Colorado Boulder | $44,748 | $21.51 |
| 7 | Univ Of Colorado-Colorado Spgs | $44,138 | $21.22 |
| 8 | Grant Thornton | $43,911 | $21.11 |
| 9 | Home Bancshares Inc. | $43,486 | $20.91 |
| 10 | Dairy Farmers of America | $43,407 | $20.87 |
| 11 | Pfizer | $43,177 | $20.76 |
| 12 | IBM | $42,816 | $20.58 |
| 13 | Syracuse University | $42,122 | $20.25 |
| 14 | ICW Group | $41,679 | $20.04 |
| 15 | General Electric | $41,232 | $19.82 |
| 16 | Idahoan | $41,133 | $19.78 |
| 17 | Schreiber Foods | $41,106 | $19.76 |
| 18 | United Natural Foods | $41,048 | $19.73 |
| 19 | Affinity Credit Union | $40,868 | $19.65 |
| 20 | PPG | $40,849 | $19.64 |
Wage gap by gender, race and education
Processor salary by industry
The average processor salary varies across industries:
- The average processor salary in the finance industry is $35,573, the highest of any industry.
- The average processor salary in the finance industry is $34,105.
- Processors in the retail industry earn an average salary of $31,807, the lowest of any industry.
Highest paying industries for processors
| Rank | Industry | Average salary | Hourly rate |
|---|---|---|---|
| 1 | Finance | $35,573 | $17.10 |
| 2 | Manufacturing | $34,105 | $16.40 |
| 3 | Technology | $33,423 | $16.07 |
| 4 | Transportation | $33,404 | $16.06 |
| 5 | Professional | $32,542 | $15.65 |
| 6 | Retail | $31,807 | $15.29 |
High paying processor jobs
Processor salary trends
The average processor salary has risen by $5,309 over the last ten years. In 2014, the average processor earned $26,789 annually, but today, they earn $32,098 a year. That works out to a 6% change in pay for processors over the last decade.
Compare processor salaries for cities or states with the national average over time.
Average processor salary over time
Compare processor salaries for individual cities or states with the national average.
Processor salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2025 | $32,100 | $15.43 | +1.7% |
| 2024 | $31,500 | $15.16 | +1.5% |
| 2023 | $31,100 | $14.94 | +0.0% |
| 2022 | $31,100 | $14.94 | +2.5% |
| 2021 | $30,300 | $14.56 | +2.9% |
Recently added processor salaries
| Company | Job | Location | Date added | Salary |
|---|---|---|---|---|
| Exact Sciences | Specimen Processor | Phoenix, AZ | 06/30/2025 | $34,000 |
| Axos Bank | Commercial Lending Processor | San Diego, CA | 06/30/2025 | $54,199 |
| Wheels | Sale Processor | Schaumburg, IL | 06/30/2025 | $34,000 |
| First American Financial | Escrow Support Processor (Remote) | Santa Ana, CA | 06/29/2025 | $35,980 |
| Redwood Trust Inc. | HEI Processor/Closer | Englewood, CO | 06/29/2025 | $75,000 |
| Universal Logistics Holdings | 3Rd Shift Processor | Lincoln, AL | 06/29/2025 | $35,479 |
| American Pacific Mortgage | Processor | Roseville, CA | 06/29/2025 | $58,436 |
| Shearer | Green Day Tort Processor | Massillon, OH | 06/29/2025 | $45,497 |
| Baldwin Richardson Foods | Processor I | Corona, CA | 06/29/2025 | $54,262 |
| State of Illinois | Refunds and Recoveries Processor (Accountant)(Ump) | Springfield, IL | 06/29/2025 | $59,448 |
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