Loan Officers Salary in Virginia
Loan Officers in Virginia earn a median annual wage of $78,320 —2.1% above the national median of $76,690. That ranks VA #22 of 51 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Employment is 1.21× as concentrated as the national average, making Virginia a strong market for this occupation.
Highest-paying states for loan officers
All 51 states ranked by median annual wage. Virginia is highlighted.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | Massachusetts | $101,600 | $48.85 | 4,470 | 0.70 |
| 2 | Connecticut | $95,730 | $46.03 | 2,220 | 0.74 |
| 3 | New York | $95,710 | $46.01 | 10,840 | 0.63 |
| 4 | Minnesota | $95,170 | $45.76 | 6,430 | 1.24 |
| 5 | Colorado | $94,520 | $45.44 | 3,230 | 0.64 |
| 6 | Oregon | $94,440 | $45.40 | 4,220 | 1.22 |
| 7 | New Jersey | $92,920 | $44.67 | 6,200 | 0.82 |
| 8 | District of Columbia | $92,890 | $44.66 | 370 | 0.30 |
| 9 | Vermont | $88,710 | $42.65 | 350 | 0.64 |
| 10 | Kansas | $86,970 | $41.81 | 3,540 | 1.40 |
Related occupations in Virginia
Occupations in the same job family, compared within Virginia.
| Occupation | Virginia median | U.S. median |
|---|---|---|
| Accountants and Auditors | $93,290 | $83,680 |
| Business Operations Specialists, All Other | $85,200 | $83,050 |
| Project Management Specialists | $120,840 | $102,320 |
| Human Resources Specialists | $82,090 | $75,940 |
| Market Research Analysts and Marketing Specialists | $76,980 | $78,760 |
| Management Analysts | $117,580 | $101,860 |
Frequently asked questions
How much do loan officers make in Virginia?
The median annual wage for loan officers in Virginia is $78,320, or $37.66 per hour. That is 2.1% above the national median of $76,690.
What is the entry-level loan officers salary in Virginia?
Workers at the 10th percentile earn $40,190 per year ($19.32/hour). The 25th percentile is $57,200.
How many people work as loan officers in Virginia?
About 8,790 people work in this occupation in Virginia, or 2.1 per 1,000 jobs statewide.
Is Virginia a good state for loan officers?
Virginia ranks #22 of 51 states by median wage for this occupation. Employment is 1.21x as concentrated as the national average, making Virginia a strong market for this occupation.
Which state pays loan officers the most?
Massachusetts has the highest median wage at $101,600 per year, followed by Connecticut ($95,730) and New York ($95,710).