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.
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 #17 of 86 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | Des Moines, IA | $101,190 | $76,824 | $83,776 |
| 2 | Wichita, KS | $99,170 | $73,862 | $83,042 |
| 3 | Sioux Falls, SD | $81,380 | $66,081 | $72,912 |
| 4 | Bridgeport, CT | $103,850 | $77,752 | $72,758 |
| 5 | Minneapolis, MN | $102,200 | $75,301 | $71,837 |
| 6 | Denver, CO | $100,130 | $75,574 | $71,443 |
| 7 | Fayetteville, AR | $84,200 | $64,994 | $71,146 |
| 8 | Columbia, MO | $81,850 | $63,502 | $71,001 |
| 17 | Washington, DC | $97,800 | $72,288 | $66,390 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 86 metros →
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 #17 of 86 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
- Financial Examiner — $157,560
- Project Management Specialist — $127,030
- Management Analyst — $126,830
- Financial Risk Specialist — $126,510
- Budget Analyst — $125,050
- Financial Specialists, All Other — $120,580
- Credit Analyst — $114,700
- Financial and Investment Analyst — $108,330
- Personal Financial Advisor — $106,230
- Labor Relations Specialist — $105,210
- Buyer and Purchasing Agent — $104,880
- Business Operations Specialists, All Other — $104,770