Loan Officer salary in Staunton-Stuarts Draft, VA
Loan Officers in the Staunton-Stuarts Draft, VA metro area earn a median of $63,390 a year ($30.48 an hour), based on BLS data for 70 workers.
Pay ranges from $39,200 for the lowest-paid 10% to $96,120 for the top 10%. That is 17% lower than the national median of $76,690. Pay here is 19% lower than the Virginia statewide median of $78,320. There are 1.3 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.74). The average (mean) salary is $67,460, above the median because a few high earners pull it up.
Pay range for loan officers in Staunton-Stuarts Draft, VA
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $39,200 | $18.85 |
| 25th percentile | $54,130 | $26.03 |
| Median | $63,390 | $30.48 |
| 75th percentile | $76,400 | $36.73 |
| 90th percentile (top earners) | $96,120 | $46.21 |
| Average (mean) | $67,460 | $32.43 |
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 | $5,282.50 |
| Semi-monthly (24 a year) | $2,641.25 |
| Biweekly (26 a year) | $2,438.08 |
| Weekly | $1,219.04 |
| Hourly | $30.48 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $63,390 salary, see how much house you can afford in Virginia 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 |
|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $97,800 | 5,000 |
| Blacksburg-Christiansburg-Radford, VA | $85,610 | 90 |
| Richmond, VA | $69,610 | 1,480 |
| Harrisonburg, VA | $65,010 | 100 |
| Roanoke, VA | $64,720 | 320 |
| Virginia Beach-Chesapeake-Norfolk, VA-NC | $64,080 | 1,260 |
| Winchester, VA-WV | $63,320 | 280 |
| Charlottesville, VA | $60,610 | 480 |
| Kingsport-Bristol, TN-VA | $60,250 | 260 |
| Lynchburg, VA | $58,550 | 140 |
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 Virginia statewide figures.
Related jobs in Staunton-Stuarts Draft, VA
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $77,300 | $37.16 |
| Personal Financial Advisor | $133,900 | $64.38 |
| Business Operations Specialists, All Other | $63,000 | $30.29 |
| Human Resources Specialist | $65,540 | $31.51 |
| Project Management Specialist | $89,020 | $42.80 |
| Buyers and Purchasing Agents | $63,250 | $30.41 |
| Market Research Analysts and Marketing Specialists | $69,660 | $33.49 |
| Compliance Officer | $67,120 | $32.27 |
| Management Analyst | $91,790 | $44.13 |
| Training and Development Specialists | $63,130 | $30.35 |
| Cost Estimator | $66,420 | $31.94 |
| Fundraiser | $59,160 | $28.44 |
| Logistician | $83,720 | $40.25 |
More: Business and Financial Operations Occupations · all salaries in Staunton-Stuarts Draft, VA
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 Staunton-Stuarts Draft, VA?
The median salary for loan officers in the Staunton-Stuarts Draft, VA metro area is $63,390 a year, or $30.48 an hour. Pay ranges from $39,200 for the lowest-paid 10% to $96,120 for the top 10%.
How much do the highest-paid loan officers make in Staunton-Stuarts Draft, VA?
The top 10% of loan officers in the Staunton-Stuarts Draft, VA metro area earn at least $96,120 a year. The top 25% earn $76,400 or more.
What is the starting pay for loan officers in Staunton-Stuarts Draft, VA?
Entry-level pay (the 10th percentile) is about $39,200 a year, and a quarter of loan officers earn $54,130 or less.
How many loan officers work in Staunton-Stuarts Draft, VA?
About 70 loan officers are employed in the Staunton-Stuarts Draft, VA metro area, not counting the self-employed.