Loan Officer Salary in Seattle, WA
2024 BLS OEWS Data · Finance · COL Index: 149.4
$79,110
Median Salary
$87,890
Mean Salary
$52,952
COL-Adjusted
3,210
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $35,130 | $23,514 |
| 25th Percentile | $58,660 | $39,264 |
| 50th Percentile (Median) | $79,110 | $52,952 |
| 75th Percentile | $104,580 | $70,000 |
| 90th Percentile (Top Earners) | $152,920 | $102,356 |
What Drives the Range
The $117,790 spread between the 10th and 90th percentiles for Loan Officer positions in Seattle, WA reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.
Seattle, WA's cost-of-living index of 149.4 means that a $79,110 median salary here has the same purchasing power as $52,952 in an average-cost U.S. city. Despite the higher cost of living, this metro area offers a deep talent pool and typically higher total compensation when including equity and bonuses.