Loan Officers Salary in Davenport, IA-IL

BLS Occupational Employment & Wage Statistics • May 2025 • Davenport-Moline-Rock Island, IA-IL

Median annual salary $75,570 +1.9% vs national
Median hourly $36.33
10th percentile $45,960
90th percentile $127,890
Employed locally 340
National median $74,180

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Loan Officers
in
Davenport, IA-IL
vs

    Salary percentile breakdown

    10th
    $45,960
    25th
    $50,980
    50th (median)
    $75,570
    75th
    $101,240
    90th
    $127,890

    Davenport economic context

    Unemployment rate 4.60% 2024 annual avg • BLS LAUS
    Median household income $71,925 2023 • Census ACS
    Loan Officers salary vs area income 105% Median Loan Officers salary is 5% above the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    District of Columbia $102,200
    Des Moines-West Des Moines, IA $97,000
    Iowa City, IA $95,180
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    Denver-Aurora-Centennial, CO $81,200
    Charlotte-Concord-Gastonia, NC-SC $81,160

    Related occupations in Davenport, IA-IL

    OccupationMedian salary
    Accountants and Auditors $77,280
    Buyers and Purchasing Agents $82,360
    Human Resources Specialists $76,790
    Business Operations Specialists, All Other $91,270
    Market Research Analysts and Marketing Specialists $75,430
    Logisticians $100,090

    Frequently asked questions

    How much do Loan Officers make per hour in Davenport?

    The median hourly wage for Loan Officers in Davenport, IA-IL is $36.33, based on BLS OEWS 2025 data. Top earners (90th percentile) make $60.20 or more per hour.

    Is Davenport above or below average for Loan Officers salaries?

    The median Loan Officers salary in Davenport, IA-IL is 1.9% above the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Davenport?

    Entry-level Loan Officers (10th percentile) earn around $45,960 per year in Davenport, IA-IL. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $50,980.