Loan Officers · Washington

Loan Officers Salary in Washington

Loan Officers in Washington earn a median annual wage of $80,120 —4.5% above the national median of $76,690. That ranks WA #17 of 51 covered states and territories for this occupation.

Median annual
$80,120
Median hourly
$38.52
Entry level (P10)
$39,000
10th percentile
Top 10% (P90)
$162,240
90th percentile
Employment
6,040
1.7 per 1,000 jobs
vs U.S. median
+4.5%
U.S. $76,690

Wage distribution

How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.

10th percentile90th percentile
$39,000
$61,450
$80,120
$121,170
$39,000$80,120$162,240
Annual wage distribution. Highlighted segment contains the median of $80,120.

Employment concentration (0.96×) is close to the national average.

Highest-paying states for loan officers

All 51 states ranked by median annual wage. Washington is highlighted.

#StateMedian annual Median hourlyEmploymentLocation quotient
1Massachusetts$101,600$48.854,4700.70
2Connecticut$95,730$46.032,2200.74
3New York$95,710$46.0110,8400.63
4Minnesota$95,170$45.766,4301.24
5Colorado$94,520$45.443,2300.64
6Oregon$94,440$45.404,2201.22
7New Jersey$92,920$44.676,2000.82
8District of Columbia$92,890$44.663700.30
9Vermont$88,710$42.653500.64
10Kansas$86,970$41.813,5401.40

Related occupations in Washington

Occupations in the same job family, compared within Washington.

OccupationWashington medianU.S. median
Accountants and Auditors$96,550$83,680
Business Operations Specialists, All Other$100,360$83,050
Project Management Specialists$124,160$102,320
Human Resources Specialists$84,550$75,940
Market Research Analysts and Marketing Specialists$95,120$78,760
Management Analysts$109,170$101,860

Frequently asked questions

How much do loan officers make in Washington?

The median annual wage for loan officers in Washington is $80,120, or $38.52 per hour. That is 4.5% above the national median of $76,690.

What is the entry-level loan officers salary in Washington?

Workers at the 10th percentile earn $39,000 per year ($18.75/hour). The 25th percentile is $61,450.

How many people work as loan officers in Washington?

About 6,040 people work in this occupation in Washington, or 1.7 per 1,000 jobs statewide.

Is Washington a good state for loan officers?

Washington ranks #17 of 51 states by median wage for this occupation. Employment concentration (0.96x) is close to the national average.

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).

Source: U.S. Bureau of Labor Statistics, OEWS May 2025. Occupational Employment and Wage Statistics, cross-industry estimates. Retrieved 2026-10-26. Figures are rounded by BLS to the nearest dollar (annual) and cent (hourly). Percentile wages describe the distribution of workers, not the pay range for a single job posting. bls.gov/oes