Loan Officer Salary in Washington, DC
2024 BLS OEWS Data · Finance · COL Index: 152.8
$94,840
Median Salary
$112,140
Mean Salary
$62,068
COL-Adjusted
5,260
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $47,260 | $30,929 |
| 25th Percentile | $62,930 | $41,185 |
| 50th Percentile (Median) | $94,840 | $62,068 |
| 75th Percentile | $133,710 | $87,507 |
| 90th Percentile (Top Earners) | $206,190 | $134,941 |
What Drives the Range
The $158,930 spread between the 10th and 90th percentiles for Loan Officer positions in Washington, DC 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.
Washington, DC's cost-of-living index of 152.8 means that a $94,840 median salary here has the same purchasing power as $62,068 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.