Loan Officer Salary in Virginia
Loan Officers in Virginia earn an average of $68,472 per year across 1 metro area. This is +2.2% lower than the national average.
Average Salary
$68,472
per year
Hourly Rate
$32.92
per hour
vs National
-2.2%
$69,990 national
Salary Range
$43,540
to $102,579
Cost of Living Adjusted Salary
Nominal Salary
$68,472
Cost of Living Index
103
100 = national average
Adjusted Salary
$66,478
purchasing power equivalent
After adjusting for Virginia's cost of living (above average), a Loan Officer's salary of $68,472 has the purchasing power of $66,478 in an average-cost area.
Loan Officer Salary by City in Virginia
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Richmond, VA | $68,472 | $32.92/hr | $43,540 | $102,579 | 319 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Virginia vs National Average
Loan Officer Salary Comparison
Employment in Virginia
There are approximately 319 Loan Officers employed across 1 metro area in Virginia.
Key Industries: Federal Government, Defense & Military, Technology
State Income Tax: 2% - 5.75%
Loan Officer Salary Range in Virginia
Entry Level (10th Percentile)
$43,540
Starting salary for new Loan Officers
Median (50th Percentile)
$68,472
Mid-career Loan Officer salary
Senior (90th Percentile)
$102,579
Top earners in the field
Related Occupations in Virginia
Loan Officer Salary in Neighboring States
Compare Loan Officer salaries in Virginia with nearby states to find the best opportunities.
More Virginia Data
Frequently Asked Questions
What is the average Loan Officer salary in Virginia?
The average Loan Officer salary in Virginia is $68,472 per year ($32.92/hour) based on 2026 data across 1 metro areas. This is 2.2% below the national average of $69,990.
What is the highest paying city for Loan Officers in Virginia?
Richmond, VA is the highest paying city for Loan Officers in Virginia, with a median salary of $68,472 per year.
What is the salary range for Loan Officers in Virginia?
Loan Officer salaries in Virginia range from $43,540 (entry-level, 10th percentile) to $102,579 (experienced, 90th percentile). The median salary is $68,472 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within Virginia. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.