Loan Officers Salary in Iowa
SOC 13-2072 · Iowa · BLS OEWS May 2024
The median salary for Loan Officers in Iowa is $80,059 per year ($38.49/hr). This is 7.9% higher than the national median of $74,173. The middle 50% earn between $62,317 and $109,970 annually. Top earners at the 90th percentile reach $135,886.
Wage Percentiles: Iowa
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $23.56 | $49,005 | +27.3% |
| P25 | $29.96 | $62,317 | +23.5% |
| P50MEDIAN | $38.49 | $80,059 | +7.9% |
| P75 | $52.87 | $109,970 | +7.9% |
| P90 | $65.33 | $135,886 | -6.8% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median loan officers salary in Iowa?
The median (P50) annual salary for Loan Officers in Iowa is approximately $80,059, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 7.9% higher than the national median of $74,173.
What is the salary range for entry-level loan officers in Iowa?
Entry-level Loan Officers (10th percentile) in Iowa earn approximately $49,005 per year. The 25th percentile is $62,317. Top earners (90th percentile) reach $135,886.
How does Iowa compare to the national average for loan officers?
Iowa pays 7.9% higher than the national average. The national P50 is $74,173 vs $80,059 in Iowa. Based on BLS national data adjusted for regional cost factors.
Loan Officers Salary by Location
Other Roles in Iowa
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