The annual salary statistics of loan officers in Washington-Arlington-Alexandria, District of Columbia is shown in Table 1. The wage data of loan officers in Washington-Arlington-Alexandria is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $45,000 |
| 25th Percentile Wage | $59,040 |
| 50th Percentile Wage | $82,230 |
| 75th Percentile Wage | $123,350 |
| 90th Percentile Wage | $200,540 |
Table 1 shows the average annual salary for loan officers in Washington-Arlington-Alexandria, District of Columbia in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $200,540. The median (50th percentile) annual salary is $82,230. The average annual salary for the bottom 10 percent earners is $45,000.
The table and chart below show the trend of the median salary of loan officers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $82,230 | 2.91% | 22.07% |
| 2021 | $79,840 | 16.02% | - |
| 2020 | $67,050 | -10.75% | - |
| 2019 | $74,260 | 6.19% | - |
| 2018 | $69,660 | -9.89% | - |
| 2017 | $76,550 | 10.80% | - |
| 2016 | $68,280 | -5.84% | - |
| 2015 | $72,270 | 6.71% | - |
| 2014 | $67,420 | -3.87% | - |
| 2013 | $70,030 | 8.50% | - |
| 2012 | $64,080 | - | - |