Loan Officer Salary in District of Columbia
Based on 370+ workers in District of Columbia
Median Annual Salary (DC)
$92,890
$44.66/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 |
Top-Paying Industries for Loan Officer (U.S.)
Which industries pay Loan Officers the most — nationwide figures (industry-level data is not available by state). Loan Officers in District of Columbia tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Retail Trade | $103,260 | 12K |
| Real Estate and Rental and Leasing | $84,090 | 3K |
| Government (excl. schools, hospitals & USPS) | $81,330 | 6K |
| Management of Companies and Enterprises | $79,570 | 12K |
| Other Services (except Public Administration) | $77,140 | 560 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Loan Officer in District of Columbia vs National
| Year | Median Salary (District of Columbia) |
|---|---|
| 2022 | $93,430 |
| 2023 | $100,210 |
| 2024 | $102,200 |
| 2025 | $92,890 |
| 2026 (projected) | $92,890 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| 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 |
| 2026 (projected) | $92,890 | $76,354 |
Loan Officer Salary by Experience Level in District of Columbia
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $64,940 |
| Mid-level | 3-5 yrs | $92,890 |
| Senior | 6-9 yrs | $125,720 |
| Staff / Lead | 10+ yrs | $157,630 |
Loan Officer Salary in Other States
Related Loan Officer Salaries in District of Columbia
How other high-demand occupations in District of Columbia compare to Loan Officer ($92,890 median).
| Occupation | Median Salary | vs Loan Officer | Hourly |
|---|---|---|---|
| Financial Examiner in DC | $198,720 | +113.9% | $95.54/hr |
| Financial Manager in DC | $188,880 | +103.3% | $90.81/hr |
| Economist in DC | $167,590 | +80.4% | $80.57/hr |
| Actuary in DC | $166,230 | +79.0% | $79.92/hr |
| Credit Analyst in DC | $132,590 | +42.7% | $63.75/hr |
| Tax Examiner in DC | $125,110 | +34.7% | $60.15/hr |
| Budget Analyst in DC | $124,590 | +34.1% | $59.90/hr |
| Accountant in DC | $111,530 | +20.1% | $53.62/hr |
| Compliance Officer in DC | $111,030 | +19.5% | $53.38/hr |
| Financial Analyst in DC | $105,780 | +13.9% | $50.86/hr |
| Personal Financial Advisor in DC | $104,990 | +13.0% | $50.48/hr |
| Insurance Sales Agent in DC | $84,530 | -9.0% | $40.64/hr |
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.