Loan Officers Salary in Washington, DC-VA-MD-WV

BLS Occupational Employment & Wage Statistics • May 2025 • Washington-Arlington-Alexandria, DC-VA-MD-WV

Median annual salary $94,840 +27.9% vs national
Median hourly $45.59
10th percentile $47,260
90th percentile $206,190
Employed locally 5,260
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how Washington, DC-VA-MD-WV stacks up on salary and cost of living.

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Loan Officers
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Washington, DC-VA-MD-WV
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    Salary percentile breakdown

    10th
    $47,260
    25th
    $62,930
    50th (median)
    $94,840
    75th
    $133,710
    90th
    $206,190

    Washington economic context

    Unemployment rate 3.00% 2024 annual avg • BLS LAUS
    Median household income $123,896 2023 • Census ACS
    Loan Officers salary vs area income 77% Median Loan Officers salary is 23% 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

    Related occupations in Washington, DC-VA-MD-WV

    OccupationMedian salary
    Business Operations Specialists, All Other $104,000
    Management Analysts $125,820
    Project Management Specialists $123,670
    Accountants and Auditors $99,440
    Human Resources Specialists $97,340
    Market Research Analysts and Marketing Specialists $84,640

    Frequently asked questions

    How much do Loan Officers make per hour in Washington?

    The median hourly wage for Loan Officers in Washington, DC-VA-MD-WV is $45.59, based on BLS OEWS 2025 data. Top earners (90th percentile) make $81.51 or more per hour.

    Is Washington above or below average for Loan Officers salaries?

    The median Loan Officers salary in Washington, DC-VA-MD-WV is 27.9% 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 Washington?

    Entry-level Loan Officers (10th percentile) earn around $47,260 per year in Washington, DC-VA-MD-WV. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $62,930.