2024 Salary Data

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

Loan Officerss in Washington-Arlington-Alexandria, DC-VA-MD-WV earn a median salary of $94,840 per year, which is 27.9% higher than the national median.

Median Salary

$94,840

27.9%vs national

Entry Level

$47,260

10th percentile

Experienced

$206,190

90th percentile

Employed

5,260

in Washington-Arlington-Alexandria, DC-VA-MD-WV

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Loan Officerss Make in Washington-Arlington-Alexandria, DC-VA-MD-WV?

According to the Bureau of Labor Statistics, Loan Officerss in the Washington-Arlington-Alexandria, DC-VA-MD-WV metropolitan area earn a median annual salary of $94,840. The salary range varies significantly based on experience, with entry-level positions starting around $47,260 and experienced professionals earning up to $206,190 or more.

Entry Level

0-2 years experience

$47,260 - $62,930

Mid Career

2-8 years experience

$62,930 - $133,710

Senior Level

8+ years experience

$133,710 - $206,190

Washington-Arlington-Alexandria, DC-VA-MD-WV vs National Average

Washington-Arlington-Alexandria, DC-VA-MD-WV$94,840
National Average$74,180

Loan Officerss in Washington-Arlington-Alexandria, DC-VA-MD-WV earn 27.9% more than the national median of $74,180.

Quick Facts

Occupation
Loan Officers
SOC Code
132072
Location
Washington-Arlington-Alexandria, DC-VA-MD-WV
Data Year
2024
Total Employed
5,260

Frequently Asked Questions

What is the average salary for a Loan Officers in Washington-Arlington-Alexandria, DC-VA-MD-WV?
The median annual salary for Loan Officers in Washington-Arlington-Alexandria, DC-VA-MD-WV is $94,840, according to Bureau of Labor Statistics data from 2024. This is 27.9% higher than the national median.
What is the starting salary for Loan Officers in Washington-Arlington-Alexandria, DC-VA-MD-WV?
Entry-level Loan Officers positions in Washington-Arlington-Alexandria, DC-VA-MD-WV typically start around $47,260 to $62,930 annually (10th to 25th percentile).
How much can experienced Loan Officerss make in Washington-Arlington-Alexandria, DC-VA-MD-WV?
Experienced Loan Officerss in Washington-Arlington-Alexandria, DC-VA-MD-WV can earn $133,710 to $206,190 annually (75th to 90th percentile).
How does Loan Officers salary in Washington-Arlington-Alexandria, DC-VA-MD-WV compare to the national average?
Loan Officerss in Washington-Arlington-Alexandria, DC-VA-MD-WV earn 27.9% more than the national median of $74,180.

Explore More