Loan Officers Salary in Olympia, WA

BLS Occupational Employment & Wage Statistics • May 2025 • Olympia-Lacey-Tumwater, WA

Median annual salary $78,710 +6.1% vs national
Median hourly $37.84
10th percentile $37,800
90th percentile $158,330
Employed locally 240
National median $74,180

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Loan Officers
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Olympia, WA
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    Salary percentile breakdown

    10th
    $37,800
    25th
    $58,960
    50th (median)
    $78,710
    75th
    $108,240
    90th
    $158,330

    Olympia economic context

    Unemployment rate 4.60% 2024 annual avg • BLS LAUS
    Median household income $93,985 2023 • Census ACS
    Loan Officers salary vs area income 84% Median Loan Officers salary is 16% 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
    New York-Newark-Jersey City, NY-NJ $102,540
    Iowa City, IA $95,180
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    Southwest Iowa nonmetropolitan area $92,560
    Mount Vernon-Anacortes, WA $83,140
    Milwaukee-Waukesha, WI $81,680

    Related occupations in Olympia, WA

    OccupationMedian salary
    Management Analysts$86,200
    Business Operations Specialists, All Other$75,460
    Human Resources Specialists$84,180
    Accountants and Auditors$90,140
    Compliance Officers$82,050
    Financial and Investment Analysts$67,370

    Frequently asked questions

    How much do Loan Officers make per hour in Olympia?

    The median hourly wage for Loan Officers in Olympia, WA is $37.84, based on BLS OEWS 2025 data. Top earners (90th percentile) make $65.58 or more per hour.

    Is Olympia above or below average for Loan Officers salaries?

    The median Loan Officers salary in Olympia, WA is 6.1% 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 Olympia?

    Entry-level Loan Officers (10th percentile) earn around $37,800 per year in Olympia, WA. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $58,960.