Loan Officer Salary in Iowa
Median annual pay in Iowa
$83,670
$40.23/hour
BLS OEWS, May 2025
Adjusted for cost of living in Iowa
$95,337
Regional Price Parity: 87.762 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($76,690): +$6,980 (+9.1%)
Iowa ranks 12th of 51 states by median pay, and 4th of 51 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $51,690 | $24.85 |
| 25th percentile | $66,550 | $32.00 |
| Median | $83,670 | $40.23 |
| 75th percentile | $104,790 | $50.38 |
| 90th percentile | $138,150 | $66.42 |
Employment
- Employment in Iowa
- 2,840
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Comparison
Compared with the U.S.
- Median annual pay in Iowa
- $83,670
- Median annual pay in the U.S.
- $76,690
- Difference
- +$6,980 (+9.1%)
Cost of living
$83,670 ÷ 87.762 × 100 = $95,337
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Kansas | ||
| 10th | $86,970 | $96,560 1st |
| North Dakota | ||
| 11th | $84,650 | $95,156 5th |
| Iowa This page | ||
| 12th | $83,670 | $95,337 4th |
| Delaware | ||
| 13th | $83,130 | $83,290 17th |
| Maine | ||
| 14th | $81,900 | $84,389 16th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Credit Counselor salary in the U.S.
$52,230/year U.S.
- Credit Analyst salary in the U.S.
$83,510/year U.S.
- Personal Financial Advisor salary in the U.S.
$105,070/year U.S.
- Securities, Commodities, and Financial Services Sales Agent salary in the U.S.
$78,660/year U.S.
- Financial Manager salary in the U.S.
$166,570/year U.S.
- Brokerage Clerk salary in the U.S.
$65,750/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +1.1%
- Typical education needed for entry (U.S.)
- Bachelor's degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Loan Officer salary in nearby places
- Loan Officer salary in Illinois
$79,150/year Illinois
- Loan Officer salary in Minnesota
$95,170/year Minnesota
- Loan Officer salary in Missouri
$73,660/year Missouri
- Loan Officer salary in Nebraska
$79,840/year Nebraska
- Loan Officer salary in South Dakota
$79,920/year South Dakota
- Loan Officer salary in Wisconsin
$78,290/year Wisconsin
- Loan Officer salary in the U.S.
$76,690/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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