📊 BLS Official Data · May 2025 Release

Loan Officer Salary in Washington (2026)

Washington · 25.0% above national average · Medium Demand

Average
$99,600
per year
Median
$82,038
per year
Hourly
$47.88
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$52,419
25th Percentile — Junior$77,646
50th Percentile — Median$82,038
75th Percentile — Senior$134,409
90th Percentile — Top Earners$158,470
💡 Top-earning Loan Officers in Washington make up to $158,470 per year. The job market in Washington is rated very strong, with key industries including Technology, Aerospace, Agriculture.
📈
Salary Growth Trend (2021–2026)
Six-year compensation trajectory
$89.3k
2021
$91.3k
2022
$93.3k
2023
$95.4k
2024
$97.5k
2025
$99.6k
2026
📈 Loan Officer salaries in Washington have followed the national trend with 2.2% annual growth. The strong presence in Washington's job market supports continued salary increases.
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Loan Officer Salary by City in Washington
Geographic salary comparison
CityAvg Salaryvs NationalDemand
Seattle $137,448 +38.0% Medium
Spokane $99,600 +0.0% Medium
Tacoma $119,520 +20.0% Medium
🔍
Loan Officer Job Market in Washington
Key factors affecting compensation

Washington is home to a very strong job market for Loan Officers. The state's key industries — Technology, Aerospace, Agriculture — generate significant demand for skilled professionals. At $99,600 per year, Washington's Loan Officer salaries are 25.0% higher than the national average.

The cost of living in Washington (index: 1.25) justifies the higher pay scale. Entry-level professionals in Washington can expect to earn $52,419–$77,646, while experienced Loan Officers can command $134,409–$158,470.

Looking ahead, the Loan Officer profession in Washington is projected to grow at 2.2% annually. Major employers are actively hiring, and the state's investment in Technology 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 Washington is $99,600 per year in 2026, which is 25.0% above the national average of $79,680.
  • Major metro areas typically pay Loan Officers the highest wages in Washington due to higher costs of living and competitive job markets.
  • Washington has a very strong job market with major industries in Technology, Aerospace, Agriculture. This makes it one of the better states for Loan Officer employment.
  • At $99,600/year, Washington Loan Officer salaries are 25.0% higher than the national average of $79,680/year.