Loan Officers Salary in Southwest Virginia

BLS Occupational Employment & Wage Statistics • May 2025 • Southwest Virginia nonmetropolitan area

Median annual salary $71,810 -3.2% vs national
Median hourly $34.52
10th percentile $44,920
90th percentile $139,990
Employed locally 130
National median $74,180

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Loan Officers
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Southwest Virginia
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    Salary percentile breakdown

    10th
    $44,920
    25th
    $59,950
    50th (median)
    $71,810
    75th
    $107,510
    90th
    $139,990

    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

    Related occupations in Southwest Virginia

    OccupationMedian salary
    Accountants and Auditors$75,280
    Human Resources Specialists$60,170
    Business Operations Specialists, All Other$51,960
    Project Management Specialists$82,130
    Buyers and Purchasing Agents$61,980
    Training and Development Specialists$47,220

    Frequently asked questions

    How much do Loan Officers make per hour in Southwest Virginia?

    The median hourly wage for Loan Officers in Southwest Virginia is $34.52, based on BLS OEWS 2025 data. Top earners (90th percentile) make $69.09 or more per hour.

    Is Southwest Virginia above or below average for Loan Officers salaries?

    The median Loan Officers salary in Southwest Virginia is 3.2% 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 Southwest Virginia?

    Entry-level Loan Officers (10th percentile) earn around $44,920 per year in Southwest Virginia. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $59,950.