Loan Officers Salary in Lynchburg, VA

BLS Occupational Employment & Wage Statistics • May 2025 • Lynchburg, VA

Median annual salary $59,950 -19.2% vs national
Median hourly $28.82
10th percentile $33,900
90th percentile $164,150
Employed locally 120
National median $74,180

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Loan Officers
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Lynchburg, VA
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    Salary percentile breakdown

    10th
    $33,900
    25th
    $38,400
    50th (median)
    $59,950
    75th
    $82,320
    90th
    $164,150

    Lynchburg economic context

    Unemployment rate 3.20% 2024 annual avg • BLS LAUS
    Median household income $67,782 2023 • Census ACS
    Loan Officers salary vs area income 88% Median Loan Officers salary is 12% below 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
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    Corvallis, OR $84,030
    San Jose-Sunnyvale-Santa Clara, CA $81,990
    Vallejo, CA $78,320
    Portland-Vancouver-Hillsboro, OR-WA $75,020
    Roanoke, VA $74,960

    Related occupations in Lynchburg, VA

    OccupationMedian salary
    Accountants and Auditors$75,020
    Project Management Specialists$95,050
    Business Operations Specialists, All Other$59,890
    Human Resources Specialists$62,290
    Management Analysts$80,410
    Market Research Analysts and Marketing Specialists$61,670

    Frequently asked questions

    How much do Loan Officers make per hour in Lynchburg?

    The median hourly wage for Loan Officers in Lynchburg, VA is $28.82, based on BLS OEWS 2025 data. Top earners (90th percentile) make $46.79 or more per hour.

    Is Lynchburg above or below average for Loan Officers salaries?

    The median Loan Officers salary in Lynchburg, VA is 19.2% below 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 Lynchburg?

    Entry-level Loan Officers (10th percentile) earn around $33,900 per year in Lynchburg, VA. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $38,400.