Business and Finance salary guide

Salary Needed for Loan Officers in District of Columbia

Loan Officers in District of Columbia: compare salary needs with estimated annual costs. Basic costs are about $70,853, while a 20% cushion is about $85,024.

Updated with BLS OEWS source metadata from May 2025; cost estimates reflect current WatchPennies county-level data.

Salary adequacy in District of Columbia

WatchPennies compares loan officer salary context with statewide median county costs for a single adult household. The comfort target adds a 20% cushion for savings, emergencies, and month-to-month variation.

Baseline annual costs

$70,853

About $5,904 per month.

Comfort salary target

$85,024

About $7,085 per month.

OEWS median salary

$92,890

Adequacy versus comfort target: 109%.

The available salary benchmark is $7,866 above the WatchPennies comfort target for District of Columbia.

Housing32%
Food8%
Transport14%
Healthcare10%
Other Costs12%
Taxes23%

More Loan Officers states

Compare salary-needed targets for this occupation across all states.

District of Columbia cost of living

See county rankings, housing, food, healthcare, taxes, and transportation costs.

Compare counties

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Common questions

What salary is needed for loan officers in District of Columbia?

WatchPennies estimates baseline annual costs around $70,853 for a single adult household in District of Columbia. A 20% comfort cushion is about $85,024.

Does this page use an official District of Columbia wage benchmark?

Yes. The occupation wage benchmark on this page is imported from BLS OEWS.

What costs are included in the salary-needed estimate?

The estimate includes housing, food, transportation, healthcare, childcare where applicable, other necessities, taxes, and income context from WatchPennies cost data.

Sources

Wage benchmark fields are based on Bureau of Labor Statistics Occupational Employment and Wage Statistics (May 2025, last modified 2026-05-15). Cost estimates use WatchPennies county cost data for housing, food, transportation, healthcare, childcare, necessities, taxes, and income context.