Loan Officer Salary in WashingtonNo State Income Tax
Loan Officers in Washington earn an average of $86,576 per year across 1 metro area. This is +23.7% higher than the national average.
Average Salary
$86,576
per year
Hourly Rate
$41.62
per hour
vs National
+23.7%
$69,990 national
Salary Range
$57,613
to $124,045
Cost of Living Adjusted Salary
Nominal Salary
$86,576
Cost of Living Index
118
100 = national average
Adjusted Salary
$73,369
purchasing power equivalent
After adjusting for Washington's cost of living (above average), a Loan Officer's salary of $86,576 has the purchasing power of $73,369 in an average-cost area. Additionally, Washington has no state income tax, further increasing take-home pay.
Loan Officer Salary by City in Washington
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| Seattle, WA | $86,576 | $41.62/hr | $57,613 | $124,045 | 399 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
Washington vs National Average
Loan Officer Salary Comparison
Employment in Washington
There are approximately 399 Loan Officers employed across 1 metro area in Washington.
Key Industries: Technology, Aerospace, Agriculture
State Income Tax: None (tax-free state)
Loan Officer Salary Range in Washington
Entry Level (10th Percentile)
$57,613
Starting salary for new Loan Officers
Median (50th Percentile)
$86,576
Mid-career Loan Officer salary
Senior (90th Percentile)
$124,045
Top earners in the field
Related Occupations in Washington
Loan Officer Salary in Neighboring States
Compare Loan Officer salaries in Washington with nearby states to find the best opportunities.
More Washington Data
Frequently Asked Questions
What is the average Loan Officer salary in Washington?
The average Loan Officer salary in Washington is $86,576 per year ($41.62/hour) based on 2026 data across 1 metro areas. This is 23.7% above the national average of $69,990.
What is the highest paying city for Loan Officers in Washington?
Seattle, WA is the highest paying city for Loan Officers in Washington, with a median salary of $86,576 per year.
What is the salary range for Loan Officers in Washington?
Loan Officer salaries in Washington range from $57,613 (entry-level, 10th percentile) to $124,045 (experienced, 90th percentile). The median salary is $86,576 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 Washington. 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.