Loan Officers pay range in Washington
New workers and the lowest-paid 10% earn about $46,790 a year or less, while the top 10% make $169,540 or more. The middle half of loan officers in Washington earn between $65,270 and $134,700.
- $47K10th
- $65K25th
- $98KMedian
- $135K75th
- $170K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $105,520 | $8,793 | $50.73 |
| Median | $97,800 | $8,150 | $47.02 |
| Entry level (25th percentile) | $65,270 | $5,439 | $31.38 |
| Experienced (75th percentile) | $134,700 | $11,225 | $64.76 |
*Hourly figures assume 2,080 paid hours a year.
Loan Officers salary after taxes in Washington
On the average salary of $105,520, a single filer in Washington takes home about $77,063 a year, or $6,422 a month and $2,964 every two weeks. Taxes take 27% of gross pay.
The Washington-Arlington-Alexandria, DC-VA-MD-WV metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in WV | $79,120 | $6,593 |
| Working in MD | $78,257 | $6,521 |
| Working in VA | $77,810 | $6,484 |
| Working in DC | $77,063 | $6,422 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
Is Washington a good place for loan officers? Pay vs. cost of living
Prices in the Washington area are 9% above the U.S. average (BEA price parity 108.9), so the average $105,520 buys what about $96,910 would buy in a typical U.S. metro. This job pays 1.4 times the median wage of all jobs in Washington ($71,060). A typical home costs $583,013, or 5.5 years of this average salary before tax.
Loan Officers salary in nearby metro areas
- Hagerstown, MD$78,000
- Baltimore, MD$79,620
- Winchester, VA$78,220
- Lexington Park, MD$84,780
- Chambersburg, PA$74,230
- Harrisonburg, VA$77,500
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in Washington: questions
How much do loan officers make an hour in Washington?
$50.73 an hour on average, and $47.02 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Washington?
The lowest-paid 10% earn about $46,790 a year and the 25th percentile is $65,270, a fair guide to starting pay.
What is the loan officers take-home pay in Washington?
About $77,063 a year ($6,422 a month) for a single filer on the average salary of $105,520.
Do loan officers earn more in Washington than elsewhere?
The average here is 19% more than the U.S. metro average for this job ($88,726).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area Washington-Arlington-Alexandria, DC-VA-MD-WV (47900). Relative standard error of the mean wage: 2.2%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules).
- Job concentration: location quotient 0.90, this job is about as common as in the U.S. overall.
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