Loan Officer salary in Kennewick-Richland, WA
Loan Officers in the Kennewick-Richland, WA metro area earn a median of $72,690 a year ($34.95 an hour), based on BLS data for 230 workers.
Pay ranges from $43,900 for the lowest-paid 10% to $152,860 for the top 10%. That is 5% lower than the national median of $76,690. Pay here is 9% lower than the Washington statewide median of $80,120. There are 1.7 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $86,690, above the median because a few high earners pull it up.
Pay range for loan officers in Kennewick-Richland, WA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $43,900 | $21.11 |
| 25th percentile | $51,130 | $24.58 |
| Median | $72,690 | $34.95 |
| 75th percentile | $105,430 | $50.69 |
| 90th percentile (top earners) | $152,860 | $73.49 |
| Average (mean) | $86,690 | $41.68 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,057.50 |
| Semi-monthly (24 a year) | $3,028.75 |
| Biweekly (26 a year) | $2,795.77 |
| Weekly | $1,397.88 |
| Hourly | $34.95 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $72,690 salary, see how much house you can afford in Washington at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Portland-Vancouver-Hillsboro, OR-WA | $96,100 | 2,840 |
| Mount Vernon-Anacortes, WA | $84,060 | 80 |
| Seattle-Tacoma-Bellevue, WA | $83,720 | 3,110 |
| Walla Walla, WA | $82,730 | 60 |
| Wenatchee-East Wenatchee, WA | $82,170 | 90 |
| Longview-Kelso, WA | $78,940 | 90 |
| Yakima, WA | $78,850 | 100 |
| Bellingham, WA | $77,670 | 210 |
| Spokane-Spokane Valley, WA | $77,220 | 680 |
| Bremerton-Silverdale-Port Orchard, WA | $75,010 | 140 |
| Lewiston, ID-WA | $74,190 | 60 |
| Olympia-Lacey-Tumwater, WA | $74,130 | 200 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Washington statewide figures.
Related jobs in Kennewick-Richland, WA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $93,280 | $44.85 |
| Financial Specialists, All Other | $86,260 | $41.47 |
| Financial and Investment Analysts | $90,860 | $43.68 |
| Personal Financial Advisor | $101,920 | $49.00 |
| Tax Preparer | $44,250 | $21.27 |
| Budget Analyst | $98,750 | $47.48 |
| Property Appraisers and Assessors | $63,950 | $30.75 |
| Project Management Specialist | $125,940 | $60.55 |
| Business Operations Specialists, All Other | $101,380 | $48.74 |
| Human Resources Specialist | $81,290 | $39.08 |
| Buyers and Purchasing Agents | $94,790 | $45.57 |
| Compliance Officer | $100,440 | $48.29 |
| Market Research Analysts and Marketing Specialists | $76,540 | $36.80 |
| Cost Estimator | $87,150 | $41.90 |
More: Business and Financial Operations Occupations · all salaries in Kennewick-Richland, WA
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Kennewick-Richland, WA?
The median salary for loan officers in the Kennewick-Richland, WA metro area is $72,690 a year, or $34.95 an hour. Pay ranges from $43,900 for the lowest-paid 10% to $152,860 for the top 10%.
How much do the highest-paid loan officers make in Kennewick-Richland, WA?
The top 10% of loan officers in the Kennewick-Richland, WA metro area earn at least $152,860 a year. The top 25% earn $105,430 or more.
What is the starting pay for loan officers in Kennewick-Richland, WA?
Entry-level pay (the 10th percentile) is about $43,900 a year, and a quarter of loan officers earn $51,130 or less.
How many loan officers work in Kennewick-Richland, WA?
About 230 loan officers are employed in the Kennewick-Richland, WA metro area, not counting the self-employed.