Loan Officer Salary in District of Columbia
Based on 370+ workers in District of Columbia
Median Annual Salary (DC)
$92,890
$44.659/hr
vs National Average
$76,354
+21.7% vs national median
Salary Range (10th–90th)
$46K – $158K
370 employed in District of Columbia
The median loan officer salary in District of Columbia is $92,890 per year, representing a strong compensation level for financial professionals in the region. This figure sits 22% above the national average, reflecting the higher cost of living and robust financial sector in the nation's capital. Approximately 370 loan officers currently work in District of Columbia, contributing to a competitive job market.
Several factors influence loan officer salary in District of Columbia, including experience level, educational background, and employer type. Salaries range from $45,860 to $157,630 annually, demonstrating significant earning potential based on career progression and specialization. Geographic proximity to major financial institutions and federal agencies also plays a role in compensation rates, as does an individual's track record with loan volume and client retention.
Salary Distribution — Loan Officer in District of Columbia
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $45,860 |
| 25th percentile | $64,940 |
| Median (50th percentile) | $92,890 |
| 75th percentile | $125,720 |
| 90th percentile | $157,630 |
Historical Salary Trend — Loan Officer in District of Columbia vs National
| Year | Median Salary (United States) |
|---|---|
| 2022 | $93,430 |
| 2023 | $100,210 |
| 2024 | $102,200 |
| 2025 | $92,890 |
| Year | District of Columbia Median | National Median |
|---|---|---|
| 2022 | $93,430 | $68,453 |
| 2023 | $100,210 | $70,692 |
| 2024 | $102,200 | $73,485 |
| 2025 | $92,890 | $76,354 |
Loan Officer Salary by Experience Level in District of Columbia
Loan Officer Salary in Other States
Frequently Asked Questions
How much do loan officers make in Washington DC?
- Loan officers in Washington DC earn a median salary of $92,890 per year, or $45 per hour. This is 21.7% higher than the national average for this profession, making it a lucrative market for loan officers.
What is the salary range for loan officers in District of Columbia?
- Loan officer salaries in DC range from a low of $45,860 to a high of $157,630 per year. This wide range reflects differences in experience, specialization, and employer type within the district.
Is DC a good place to work as a loan officer compared to the national average?
- Yes, DC offers strong compensation for loan officers with a median salary that is 21.7% above the national average at $92,890 annually. This makes Washington DC one of the better-paying markets for loan officer positions nationwide.
How many loan officers are currently employed in Washington DC?
- There are approximately 370 loan officers currently employed in the District of Columbia, indicating a stable job market for professionals in this field.