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Loan Officers Employment & Job Outlook in Washington (2025)

Last updated: 2025 BLS data · Page refreshed:

Washington employs 6,040 Loan Officers professionals, above the national average concentration.

Data: BLS OEWS 2025 • Washington employment outlook • Updated 2026-05-19

Total Employed
6,040
professionals
Jobs per 1,000
6.04
workers
Location Quotient
1.12
vs national avg
Average Salary
$94K
annual

Average Demand in Washington

The location quotient (LQ) of 1.12 indicates that Washington has an average concentration of Loan Officers professionals, similar to the national average employment distribution.

Note: Location Quotient (LQ) is the ratio of the percentage of workers in an occupation in a given area to the percentage in that occupation nationwide. An LQ > 1.0 means above-average concentration; < 1.0 means below-average.

Washington vs National Average

Total Employed
6,040
National: 274,320
2.2% of national
Jobs per 1,000
6.04
National: 5.38
+12.3%
Average Salary
$94K
National: $87K
+7.8%

Top States by Loan Officers Employment

#1
25,790
25,790
employed
#2
21,200
21,200
employed
#3
18,830
18,830
employed
#4
11,340
11,340
employed
#5
10,890
10,890
employed
#6
10,840
10,840
employed
#7
10,700
10,700
employed
#8
10,020
10,020
employed
#9
9,880
9,880
employed
#10
9,540
9,540
employed

What Does a Loan Officers Earn in Washington?

The average annual salary for a Loan Officers in Washington is $94,320. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.

View full salary breakdown →

Frequently Asked Questions

How many Loan Officers jobs are there in Washington?

Washington employs approximately 6,040 Loan Officers professionals (2025 BLS data). This ranks Washington among the top states nationwide.

Is Loan Officers in demand in Washington?

Yes — Washington has above-average concentration of Loan Officers jobs (LQ: 1.12). A Location Quotient above 1.0 indicates higher-than-average demand.

What is the average salary for Loan Officers in Washington?

The average (mean) salary for Loan Officers in Washington is $94320/year. See our detailed salary page for percentile breakdowns.

What is a Location Quotient (LQ)?

Location Quotient measures how concentrated an occupation is in a state compared to the national average. LQ > 1.0 means the state has more of that job proportionally. LQ > 1.2 indicates strong demand.

Which states employ the most Loan Officers professionals?

The top state for Loan Officers employment is California with 25,790 jobs.

Find Your Next Opportunity

Related Pages

Top Cities in Washington

Explore cost of living, median household income, and demographics for Washington's largest cities.

Top Colleges in Washington

Compare tuition, admissions, and graduate outcomes at Washington's leading institutions.

Loan Officers Employment in Other States

Compare Loan Officers labor-market data (jobs, location quotient, salary) across the top-employing states.

All Loan Officers & Washington Resources

Drill deeper into Loan Officers pay, hiring, and education data for Washington.

Data Source

Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2025. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Loan Officers (SOC 132072) in Washington.

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