Loan Officers Salary in Iowa City, IA

BLS Occupational Employment & Wage Statistics • May 2025 • Iowa City, IA

Median annual salary $95,180 +28.3% vs national
Median hourly $45.76
10th percentile $49,850
90th percentile $158,420
Employed locally 130
National median $74,180

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Loan Officers
in
Iowa City, IA
vs

    Salary percentile breakdown

    10th
    $49,850
    25th
    $66,380
    50th (median)
    $95,180
    75th
    $117,660
    90th
    $158,420

    Iowa City economic context

    Unemployment rate 2.40% 2024 annual avg • BLS LAUS
    Median household income $74,142 2023 • Census ACS
    Loan Officers salary vs area income 128% Median Loan Officers salary is 28% 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
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    Denver-Aurora-Centennial, CO $81,200
    Charlotte-Concord-Gastonia, NC-SC $81,160
    Virginia $79,600

    Related occupations in Iowa City, IA

    OccupationMedian salary
    Business Operations Specialists, All Other $66,920
    Accountants and Auditors $72,470
    Human Resources Specialists $67,720
    Market Research Analysts and Marketing Specialists $61,690
    Project Management Specialists $83,120
    Buyers and Purchasing Agents $64,760

    Frequently asked questions

    How much do Loan Officers make per hour in Iowa City?

    The median hourly wage for Loan Officers in Iowa City, IA is $45.76, based on BLS OEWS 2025 data. Top earners (90th percentile) make $77.85 or more per hour.

    Is Iowa City above or below average for Loan Officers salaries?

    The median Loan Officers salary in Iowa City, IA is 28.3% 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 Iowa City?

    Entry-level Loan Officers (10th percentile) earn around $49,850 per year in Iowa City, IA. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $66,380.