Loan Officer Salary in Washington, DC
Loan Officers in the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area earn a median $97,800 a year — 28% more than the national median. After 2026 taxes, that is $72,288 take-home, or $6,024 a month.
Take-home pay calculator
Pre-filled with the median loan officer salary in Washington, DC. Enter your own offer to see your paycheck.
- Federal income tax$12,686
- Social Security (6.2%)$6,064
- Medicare (1.45%)$1,418
- District of Columbia income tax$5,345
- Take-home pay$72,288
Marginal rate: 22% federal + 8.50% state
The Washington-Arlington-Alexandria, DC-VA-MD-WV metro spans District of Columbia, Virginia, Maryland, West Virginia. Pick the state you live in — state income tax follows your residence.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Loan Officer pay by experience in Washington, DC
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $46,790 | $22.50 | $38,134 | $3,178 |
| 25th percentile | $65,270 | $31.38 | $51,828 | $4,319 |
| Median (50th) | $97,800 | $47.02 | $72,288 | $6,024 |
| 75th percentile | $134,700 | $64.76 | $94,852 | $7,904 |
| 90th percentile (top earners) | $169,540 | $81.51 | $115,704 | $9,642 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, District of Columbia resident, 2026 tax rules.
What $97,800 buys in Washington, DC
Prices in Washington, DC are 8.9% higher than the U.S. average (housing costs are 1.51× the national average). Adjusted for local prices, a median loan officer's $72,288 take-home pay has the buying power of $66,390 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Loan Officer jobs are about as common in Washington, DC as in the U.S. overall (location quotient 0.90).
Best-paying cities for loan officers, adjusted for cost of living
Washington, DC ranks #5 of 21 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Minneapolis, MN | $102,200 | $75,301 | $71,837 |
| 2 | Boston, MA | $103,400 | $76,622 | $70,772 |
| 3 | Columbus, OH | $82,160 | $65,153 | $68,245 |
| 4 | New York, NY | $101,570 | $75,332 | $66,924 |
| 5 | Washington, DC | $97,800 | $72,288 | $66,390 |
| 6 | Portland, OR | $96,100 | $68,857 | $65,316 |
| 7 | San Francisco, CA | $103,000 | $74,602 | $64,527 |
| 8 | Charlotte, NC | $78,200 | $61,232 | $62,900 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 21 metros →
About the job: loan officers
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods.
- Typical education
- Bachelor's degree
- Work experience
- Less than 5 years
- On-the-job training
- Moderate-term on-the-job training
- Job outlook, 2025–35
- +1.1% (slower than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a loan officer make in Washington, DC?
The median loan officer salary in the Washington-Arlington-Alexandria, DC-VA-MD-WV metro area is $97,800 a year, or about $47.02 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $65,270 and $134,700.
What is a loan officer’s take-home pay in Washington, DC?
On the median $97,800 salary, a single filer living in District of Columbia takes home about $72,288 a year ($6,024 a month) after federal tax, Social Security, Medicare and $5,345 in District of Columbia taxes in 2026.
Is Washington, DC a good place to work as a loan officer?
Pay here is 28% above the national median of $76,690. Local prices are 8.9% above the U.S. average, so the take-home pay buys what $66,390 would in a typical U.S. city. Washington, DC ranks #5 of 21 metro areas for cost-of-living-adjusted pay in this job.
Can a loan officer afford rent in Washington, DC?
HUD’s fair market rent for a one-bedroom in Washington, DC is $1,990 a month ($2,223 for two bedrooms) — 33% of a median loan officer’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in Washington, DC
- Project Management Specialist — $127,030
- Management Analyst — $126,830
- Budget Analyst — $125,050
- Financial Specialists, All Other — $120,580
- Financial and Investment Analyst — $108,330
- Personal Financial Advisor — $106,230
- Buyer and Purchasing Agent — $104,880
- Business Operations Specialists, All Other — $104,770
- Logistician — $104,330
- Accountant and Auditor — $102,140
- Human Resources Specialist — $100,830
- Compliance Officer — $100,200