SOC 13-2072 · Washington · BLS OEWS May 2024
The median salary for Loan Officers in Washington is $89,749 per year ($43.15/hr). This is 21% higher than the national median of $74,173. The middle 50% earn between $61,058 and $123,323 annually. Top earners at the 90th percentile reach $176,403.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $22.40 | $46,586 | +21.0% |
| P25 | $29.35 | $61,058 | +21.0% |
| P50MEDIAN | $43.15 | $89,749 | +21.0% |
| P75 | $59.29 | $123,323 | +21.0% |
| P90 | $84.81 | $176,403 | +21.0% |
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.
The median (P50) annual salary for Loan Officers in Washington is approximately $89,749, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 21% higher than the national median of $74,173.
Entry-level Loan Officers (10th percentile) in Washington earn approximately $46,586 per year. The 25th percentile is $61,058. Top earners (90th percentile) reach $176,403.
Washington pays 21% higher than the national average. The national P50 is $74,173 vs $89,749 in Washington. Based on BLS national data adjusted for regional cost factors.
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