Find Business Schools

Study Area & Zipcode

Loan Officers in District of Columbia

Find Schools Near

Loan Officers in District of Columbia

Want to work in District of Columbia as a Loan Officer? Read this first!

6.1% Jobs Projection
$74,840 Median Salary
70 Job Openings

You’re in luck! Jobs for Loan Officers in District of Columbia are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Loan Officers in District of Columbia is growing faster than average.

  • Loan Officers in District of Columbia earn higher salaries than the typical U.S. wage earner.

How Many Loan Officers Work in District of Columbia?

In 2018, there were 470 Loan Officers working in the state.

There were 500 Loan Officers employed in this state in 2017.

That’s a decline of 30 jobs between 2017 and 2018.

undefined

The typical state has 4,250 Loan Officers working in it, which means District of Columbia has fewer Loan Officers than average.

undefined

Job Projections for District of Columbia

Jobs for Loan Officers in this state are growing at a rate of 6.1% which is slower than the nationwide estimated projection of 11.4%.

undefined

District of Columbia Annual Job Openings

The BLS is projecting 70 annual Loan Officers job openings in District of Columbia, and 870 total jobs in the year 2026.

Nationwide, the prediction is 30,400 annual jobs and 354,900 total jobs in 2026.

What do Loan Officers Make in District of Columbia?

In 2018 wages for Loan Officers ranged from $45,980 to $178,220 with $74,840 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $22.11 to $85.68. The median hourly rate was $35.98.

Workers in this field were paid a median of $48.54 an hour in 2017.

The hourly rate declined by $12.56.

The median salary in District of Columbia is higher than the nationwide median salary.

undefined

Top District of Columbia Metros for Loan Officers

The table below shows some of the metros in this state with the most Loan Officers.

Metro Number Employed Annual Median Salary
Washington-Arlington-Alexandria, DC-VA-MD-WV 6,880 $69,660

Top States for Loan Officers Employment

View the list below to see where most Loan Officers work.

State Number Employed Annual Median Salary
California 37,030 $61,310
Texas 19,950 $68,710
Florida 18,000 $67,760
North Carolina 13,910 $62,360
New York 12,890 $78,520
Illinois 12,330 $66,570
Ohio 11,520 $64,770
Virginia 10,140 $63,860
Pennsylvania 10,010 $59,340
Arizona 8,970 $54,400
Georgia 7,790 $54,690
Minnesota 7,740 $72,030
Missouri 7,130 $68,010
Wisconsin 7,090 $62,850
Washington 6,940 $60,540
New Jersey 6,670 $73,180
Massachusetts 5,780 $70,090
Tennessee 5,440 $54,490
Kentucky 5,300 $60,400
Utah 5,220 $45,470

Below are the states where Loan Officers get paid the most:

State Annual Median Salary
New York $78,520
New Hampshire $76,430
Nebraska $75,800
Connecticut $74,990
District of Columbia $74,840
New Jersey $73,180
Minnesota $72,030
Kansas $71,550
Massachusetts $70,090
Texas $68,710

You may also be interested in the following careers:

Occupation DC Employment Total

What Major Will Prepare You For a Loan Officer Career?

References

More about our data sources and methodologies.

Featured Schools

You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs.

Visit School

Find Business Schools Near You

Our free school finder matches students with accredited business colleges across the U.S.