Washington Median
$80,120
per year
Hourly Rate
$38.52
based on 2,080 hrs/yr
vs National
+4% vs US median
US median $76,690
State Rank
#17 of 51
6,040 employed here
How much does a Loan Officer make in Washington?
A Loan Officer working in Washington earns a median salary of $80,120 per year, or about $38.52 per hour. That is 4% above the national median of $76,690 for this occupation.
Within Washington, entry-level pay starts around $39,000 while the top 10% make $162,240 or more. The middle 50% of earners fall between $61,450 and $121,170 a year.
Loan Officer salary range in Washington
| Pay level | Annual salary | Hourly rate | |
|---|
| 10th percentile (entry level) | $39,000 | $18.75 |
|
| 25th percentile (early career) | $61,450 | $29.54 |
|
| 50th percentile (median) | $80,120 | $38.52 |
|
| 75th percentile (experienced) | $121,170 | $58.25 |
|
| 90th percentile (top earners) | $162,240 | $78.00 |
|
How Washington compares
Washington ranks 17th out of 51 states and territories for Loan Officer pay. The top 5 best-paying states:
Loan Officer salary in other states
Massachusetts $101,600Connecticut $95,730New York $95,710Minnesota $95,170Colorado $94,520Oregon $94,440New Jersey $92,920District of Columbia $92,890Vermont $88,710Kansas $86,970North Dakota $84,650Iowa $83,670Delaware $83,130Maine $81,900California $81,770New Hampshire $80,660South Dakota $79,920Nebraska $79,840Wyoming $79,620Illinois $79,150Virginia $78,320Wisconsin $78,290Rhode Island $77,250Ohio $76,370North Carolina $75,920Michigan $74,470Missouri $73,660Maryland $73,580Oklahoma $72,990Indiana $72,960Alaska $72,800Montana $71,570Florida $71,090Idaho $71,070Arkansas $70,260Pennsylvania $69,300Georgia $68,490Alabama $66,710Texas $66,370Nevada $64,500Hawaii $63,740South Carolina $63,220Tennessee $62,800New Mexico $62,610Arizona $62,160Kentucky $62,090Louisiana $61,110Mississippi $60,260Utah $59,440West Virginia $57,580
Working as a Loan Officer in Washington
Nationally, about 274,000 people work as Loan Officers in the United States. A bachelor's degree (about 4 years of college) is the standard entry requirement.
Considering a move? Compare Washington pay ($80,120) against the highest-paying state above, and weigh the difference against housing and everyday costs — a smaller paycheck in a cheaper state can stretch further.
Frequently asked questions
How much does a Loan Officer make in Washington?
The median Loan Officer salary in Washington is $80,120 per year, or about $38.52 per hour, per official BLS state wage estimates. Salaries typically range from $39,000 at the entry level to $162,240 for the top 10% of earners.
How does Washington pay compare to the national average?
Washington pays Loan Officers about 4% more than the national median of $76,690. Washington ranks 17th out of 51 states and territories reporting this occupation.
Is Washington a good state for Loan Officers?
Yes on pay — Washington pays above the national median for this occupation, at $80,120 a year. About 6,040 Loan Officers are employed in Washington. Weigh that against local housing and living costs before moving.
What are the highest-paying jobs in Washington?
The highest-paying occupations in Washington include Cardiologist ($656,330), Orthopedic Surgeon, Except Pediatric ($553,310), Dermatologist ($526,170), based on median annual pay in official BLS state estimates.
← See the national Loan Officer salary report
Related salaries
$54,920
median pay · 76,000 employed
$78,240
median pay · 12,000 employed
$81,370
median pay · 105,000 employed
$83,680
median pay · 1,450,000 employed
$61,160
median pay · 143,000 employed
$82,320
median pay · 251,000 employed
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), Unknown vintage. Education requirements: O*NET (U.S. Department of Labor). State figures are official BLS state-level wage estimates. Where BLS suppresses a state percentile, it is scaled from the official national distribution. Individual pay varies by employer, metro area, and experience.