What are the main factors that influence a Settlement Processor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Settlement Processor's salary?

A Settlement Processor's salary grows with experience: a Loan Processor I (0-1 years)earns $39,688, a Settlement Processor (1-3 years)earns $44,456, a Loan Processor III (3-5 years)earns $53,885, a Loan Processing Supervisor (5+ years)earns $58,234,

What are the highest paying cities for a Settlement Processor?

Settlement Processor salary varies significantly by city. The top 3 highest paying cities in New Mexico for Settlement Processor roles are San Jose $62,381, San Francisco $61,698, Oakland $60,398.

How much do different types of Settlement Processor roles make?

Salaries for Settlement Processor level roles vary by specialization: Settlement Accountant: $73,614; Settlement Executive: $61,924; Settlement Manager: $58,330; Settlement Administrator: $54,179; Settlement Coordinator: $53,520.

What specialized skills increase a Settlement Processor's salary?

Skills with high demand and low supply, such as Team Operations (up to 7% premium), Leadership (up to 6% premium), Onboarding (up to 5% premium), directly translate to higher compensation. Employers pay more for these capabilities to gain a competitive edge.

Settlement Processor Salary in Hanover, NM

How much does a Settlement Processor make in Hanover, NM?

As of June 01, 2026, the average salary for a Settlement Processor in Hanover, NM is $44,788 per year, which breaks down to an hourly rate of $22.

However, a Settlement Processor's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $53,421
Majority Range (25th-75th percentile): $41,386 to $49,307
Entry-Level (10th percentile): $38,289

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Settlement Processor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$49,307	$4,109	$948	$24
Average	$44,788	$3,732	$861	$22
25th Percentile	$41,386	$3,449	$796	$20

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Key Factors That Influence Settlement Processor Salaries

A Settlement Processor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, skills and company size can directly affect your earning potential.

Top Paying Cities for Settlement Processors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

San Jose: $62,381
San Francisco: $61,698
Oakland: $60,398

San Jose, CA $62,381

San Francisco, CA $61,698

Oakland, CA $60,398

New York, NY $56,945

Paramus, NJ $56,253

Queens Village, NY $56,250

Passaic, NJ $56,203

Bergenfield, NJ $56,199

Stamford, CT $56,090

Huntington, NY $56,070

Newark, NJ $55,704

Bridgeport, CT $55,600

Vallejo, CA $55,501

New Brunswick, NJ $55,482

Petaluma, CA $55,452

Middlesex, NJ $55,358

Somerset, NJ $55,323

Santa Cruz, CA $55,259

Boston, MA $54,957

Monterey, CA $54,784

Seattle, WA $54,670

Santa Rosa, CA $54,661

Los Angeles, CA $54,646

Juneau, AK $54,517

Washington, DC $54,463

Orange, CA $54,287

Santa Ana, CA $54,156

Long Beach, CA $54,107

Anaheim, CA $54,097

Anchorage, AK $54,072

Santa Maria, CA $53,924

Everett, WA $53,914

Danbury, CT $53,740

Bremerton, WA $53,671

Tacoma, WA $53,493

New Suffolk, NY $53,492

Sacramento, CA $53,479

Santa Barbara, CA $53,424

Trenton, NJ $53,370

San Diego, CA $53,370

Brockton, MA $53,315

Fairbanks, AK $53,194

Lompoc, CA $53,068

Lowell, MA $53,028

Ventura, CA $53,019

Nashua, NH $53,009

Stockton, CA $53,004

Modesto, CA $52,643

Poughkeepsie, NY $52,534

Olympia, WA $52,440

Kennewick, WA $52,440

New Haven, CT $52,420

Lawrence, MA $52,242

Hartford, CT $52,193

Riverside, CA $52,183

New Bedford, MA $52,133

Richland, WA $52,133

Bakersfield, CA $52,064

San Bernardino, CA $52,044

New Britain, CT $52,039

Atlantic City, NJ $52,039

New London, CT $52,020

Norwich, CT $52,005

Portsmouth, NH $51,995

Boulder, CO $51,890

Portland, OR $51,822

Worcester, MA $51,817

Minneapolis, MN $51,663

Philadelphia, PA $51,594

Honolulu, HI $51,431

Saint Paul, MN $51,407

Vineland, NJ $51,396

Providence, RI $51,253

Chicago, IL $51,109

Bellingham, WA $51,050

Springfield, MA $51,011

Baltimore, MD $50,996

Chico, CA $50,872

Pittsfield, MA $50,739

Manchester, NH $50,645

Spokane, WA $50,427

Denver, CO $50,422

Albany, NY $50,190

Troy, NY $50,170

Nassau, NY $50,117

Schenectady, NY $50,066

Wilmington, DE $50,026

Burlington, VT $49,957

Salem, OR $49,937

Portland, ME $49,784

Yakima, WA $49,735

Rochester, MN $49,581

Reno, NV $49,557

Fresno, CA $49,557

Milwaukee, WI $49,512

Detroit, MI $49,463

Ann Arbor, MI $49,454

Allentown, PA $49,448

Colorado Springs, CO $49,364

Syracuse, NY $49,339

Carson City, NV $49,339

Houston, TX $49,270

Eugene, OR $49,245

Gary, IN $49,186

Springfield, OR $49,146

Bismarck, ND $49,136

Galveston, TX $49,102

Medford, OR $49,027

Fort Collins, CO $49,008

Concord, NH $48,983

Austin, TX $48,968

Mesa, AZ $48,864

Reading, PA $48,859

Phoenix, AZ $48,854

Dallas, TX $48,839

Saint Cloud, MN $48,792

Madison, WI $48,726

Utica, NY $48,592

Rochester, NY $48,513

Des Moines, IA $48,508

Raleigh, NC $48,503

Atlanta, GA $48,429

Battle Creek, MI $48,414

Salt Lake City, UT $48,399

Lancaster, PA $48,325

Harrisburg, PA $48,256

Kansas City, MO $48,206

Champaign, IL $48,196

Kansas City, KS $48,196

Fort Worth, TX $48,191

Columbus, OH $48,183

Boca Raton, FL $48,172

Pittsburgh, PA $48,152

Richmond, VA $48,132

Indianapolis, IN $48,122

Cleveland, OH $48,117

Las Vegas, NV $48,058

Cincinnati, OH $48,058

Petersburg, VA $47,984

Huntsville, AL $47,910

Lansing, MI $47,876

Lebanon, PA $47,870

Pueblo, CO $47,865

Appleton, WI $47,850

Buffalo, NY $47,830

Dayton, OH $47,816

Racine, WI $47,806

Charlotte, NC $47,801

Saint Louis, MO $47,786

York, PA $47,756

Elkhart, IN $47,756

Gastonia, NC $47,747

Billings, MT $47,735

Beaumont, TX $47,722

Lorain, OH $47,712

Benton Harbor, MI $47,702

Toledo, OH $47,692

Binghamton, NY $47,667

Rock Hill, SC $47,662

Rockford, IL $47,638

Springfield, IL $47,618

Elyria, OH $47,613

Fargo, ND $47,613

Flagstaff, AZ $47,578

Fort Lauderdale, FL $47,549

Duluth, MN $47,519

Miami, FL $47,519

Cheyenne, WY $47,484

Grand Forks, ND $47,484

Bangor, ME $47,375

Cedar Rapids, IA $47,321

Durham, NC $47,300

Louisville, KY $47,296

Grand Rapids, MI $47,286

Hialeah, FL $47,281

Casper, WY $47,212

Scranton, PA $47,153

New Orleans, LA $47,138

Virginia Beach, VA $47,133

Akron, OH $47,108

Peoria, IL $47,044

Sarasota, FL $47,034

Nashville, TN $47,000

Omaha, NE $47,000

Green Bay, WI $47,000

Baton Rouge, LA $46,975

Charleston, SC $46,965

Jamestown, NY $46,940

Davenport, IA $46,940

Tucson, AZ $46,915

Saint Petersburg, FL $46,886

Tampa, FL $46,876

Evansville, IN $46,846

Port Arthur, TX $46,846

Bradenton, FL $46,826

Santa Fe, NM $46,737

Orlando, FL $46,648

Clearwater, FL $46,634

Canton, OH $46,530

La Crosse, WI $46,530

Albuquerque, NM $46,500

Newport News, VA $46,495

High Point, NC $46,480

Ogden, UT $46,460

Corpus Christi, TX $46,421

Norfolk, VA $46,391

Laramie, WY $46,391

Rock Island, IL $46,362

Saginaw, MI $46,352

Jacksonville, FL $46,347

Salisbury, NC $46,337

Boise, ID $46,327

Moline, IL $46,302

Fort Myers, FL $46,287

Memphis, TN $46,277

Tulsa, OK $46,253

Waterloo, IA $46,223

Spartanburg, SC $46,174

Lincoln, NE $46,149

Fort Wayne, IN $46,139

Provo, UT $46,134

Cedar Falls, IA $46,075

San Antonio, TX $46,055

Greensboro, NC $46,035

South Bend, IN $46,030

Savannah, GA $45,976

Muskegon, MI $45,956

Birmingham, AL $45,951

Winston Salem, NC $45,927

Lake Charles, LA $45,808

Anderson, IN $45,798

Lexington, KY $45,783

Augusta, GA $45,768

Greenville, SC $45,768

Lima, OH $45,728

Wichita, KS $45,724

Tuscaloosa, AL $45,724

Columbia, SC $45,679

Springfield, OH $45,669

Asheville, NC $45,590

Bloomington, IN $45,555

Knoxville, TN $45,377

Shreveport, LA $45,372

Wilmington, NC $45,308

Roanoke, VA $45,308

Topeka, KS $45,219

Frankfort, KY $45,214

Oklahoma City, OK $45,180

Chillicothe, OH $45,160

Longview, TX $45,155

Melbourne, FL $45,150

Sioux Falls, SD $45,071

Mobile, AL $45,066

Terre Haute, IN $45,046

Altoona, PA $45,016

Amarillo, TX $44,982

Killeen, TX $44,967

Fayetteville, AR $44,927

Chattanooga, TN $44,912

Sioux City, IA $44,868

Idaho Falls, ID $44,858

Lynchburg, VA $44,818

Gainesville, FL $44,754

Portsmouth, OH $44,729

Little Rock, AR $44,720

Lafayette, LA $44,700

Youngstown, OH $44,700

Daytona Beach, FL $44,670

Clarksville, TN $44,665

Pensacola, FL $44,660

Temple, TX $44,657

Hopkinsville, KY $44,512

Erie, PA $44,502

Florence, SC $44,482

Charleston, WV $44,403

Great Falls, MT $44,378

Macon, GA $44,309

Tallahassee, FL $44,304

Fayetteville, NC $44,294

Waco, TX $44,284

Helena, MT $44,250

Pine Bluff, AR $44,231

Vincennes, IN $44,171

Lubbock, TX $44,151

Alamogordo, NM $44,121

Twin Falls, ID $44,077

Rapid City, SD $44,062

Jackson, MS $43,973

Huntington, WV $43,969

Greenville, MS $43,968

Parkersburg, WV $43,917

Montgomery, AL $43,908

Wichita Falls, TX $43,859

Springfield, MO $43,859

Biloxi, MS $43,834

Monroe, LA $43,785

Johnstown, PA $43,750

Sumter, SC $43,730

Columbus, GA $43,725

Pascagoula, MS $43,631

Abilene, TX $43,631

Kingsport, TN $43,503

Albany, GA $43,503

Gulfport, MS $43,488

Alexandria, LA $43,325

Fort Smith, AR $43,201

El Paso, TX $43,068

Las Cruces, NM $42,845

Harlingen, TX $42,719

Pocatello, ID $42,712

Florence, AL $42,647

Brownsville, TX $42,637

Mcallen, TX $42,534

Dothan, AL $42,464

Columbus, MS $42,171

Altus, OK $41,940

Lawton, OK $41,846

Pierre, SD $41,668

What Skills Can Increase a Settlement Processor's Salary?

Demanded Skills for the Role:

Customer Service (Mentioned in 9.84% Job Postings): Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.
Data Entry (Mentioned in 2.85% Job Postings): Transcribing information into an electronic medium such as a computer or other electronic device.
Loan Review (Mentioned in 1.38% Job Postings): Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

See More Skills

Skills	Demand Percentage
Customer Service	9.84%
Data Entry	2.85%
Loan Review	1.38%

What skills can make your compensation higher?

Mastering certain specialized skills can lead to a significant increase in pay. Here are examples of skills and the potential impact they can have on a Settlement Processor's salary.

Team Operations: Can increase your salary by up to 7%.
Leadership: Can increase your salary by up to 6%.
Onboarding: Can increase your salary by up to 5%.

Skill	Salary	Salary % Increase
Team Operations	$47,923	7%
Leadership	$47,476	6%
Onboarding	$47,028	5%
Prioritization	$47,028	5%
Presentation	$47,028	5%
Customer Relationship	$46,580	4%

Get Latest Data

Settlement Processor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Settlement Processor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on June 01, 2026

$41,386

Average $44,788/year

$49,307

$3,449

Average $3,732/month

$4,109

$796

Average $861/week

$948

$20

Average $22/hour

$24

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$49,307	$4,109	$948	$24
Average	$44,788	$3,732	$861	$22
25th Percentile	$41,386	$3,449	$796	$20

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