📊 BLS Official Data · May 2025 Release

Loan Officer Salary in Virginia (2026)

Virginia · 10.0% above national average · Medium Demand

Average
$87,648
per year
Median
$72,193
per year
Hourly
$42.14
per hour
📅 Dataset: OES May 2025
🔄 Published: May 2026
📍 Coverage: All 50 States + DC
📊
Salary Range & Percentiles
Pay distribution across experience levels
10th Percentile — Entry Level$46,129
25th Percentile — Junior$68,329
50th Percentile — Median$72,193
75th Percentile — Senior$118,280
90th Percentile — Top Earners$139,454
💡 Top-earning Loan Officers in Virginia make up to $139,454 per year. The job market in Virginia is rated very strong, with key industries including Government, Technology, Defense.
📈
Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$78.6k
2021
$80.3k
2022
$82.1k
2023
$83.9k
2024
$85.8k
2025
$87.6k
2026
📈 Loan Officer salaries in Virginia have followed the national trend with 2.2% annual growth. The strong presence in Virginia's job market supports continued salary increases.
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Loan Officer Salary by City in Virginia
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Virginia Beach $92,030 +5.0% Medium
Richmond $89,401 +2.0% Medium
🔍
Loan Officer Job Market in Virginia
Key factors affecting compensation

Virginia is home to a very strong job market for Loan Officers. The state's key industries — Government, Technology, Defense — generate significant demand for skilled professionals. At $87,648 per year, Virginia's Loan Officer salaries are 10.0% higher than the national average.

The cost of living in Virginia (index: 1.1) justifies the higher pay scale. Entry-level professionals in Virginia can expect to earn $46,129–$68,329, while experienced Loan Officers can command $118,280–$139,454.

Looking ahead, the Loan Officer profession in Virginia is projected to grow at 2.2% annually. Major employers are actively hiring, and the state's investment in Government continues to drive new opportunities for qualified candidates.

🏛️ U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
⚖️
Compare with Similar Jobs
Related career salary benchmarks
Frequently Asked Questions
Common questions about this salary
  • The average Loan Officer salary in Virginia is $87,648 per year in 2026, which is 10.0% above the national average of $79,680.
  • Major metro areas typically pay Loan Officers the highest wages in Virginia due to higher costs of living and competitive job markets.
  • Virginia has a very strong job market with major industries in Government, Technology, Defense. This makes it one of the better states for Loan Officer employment.
  • At $87,648/year, Virginia Loan Officer salaries are 10.0% higher than the national average of $79,680/year.