Loan Officers Salary in Cedar Rapids, IA
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Cedar Rapids, IA is $78,210 per year as of 2024. That works out to roughly $37.60 per hour. This is 5% above the national median of $74,180. 220 people work as Loan Officers in Cedar Rapids, IA. Wages have grown 13% since 2014, when the median was $69,420.
Median Annual Salary
$78,210
Mean Annual
$87,550
Median Hourly
$37.60
Total Employed
220
Location Quotient
0.85
Average concentration
Salary Distribution
How This Compares
Cedar Rapids, IA
$78,210
this metro
Iowa
$80,070
you earn -2% vs state
United States
$74,180
you earn +5% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $78,210 |
| 2023 | $74,020 |
| 2022 | $75,110 |
| 2021 | $62,560 |
| 2020 | $73,140 |
| 2019 | $59,190 |
| 2018 | $59,190 |
| 2017 | $58,260 |
| 2016 | $70,610 |
| 2015 | $61,190 |
| 2014 | $69,420 |
Related Business and Financial Operations Occupations Jobs in Cedar Rapids, IA
Other occupations in the same group, sorted by salary.
| Management Analysts | $95,480 |
| Financial Risk Specialists | $94,130 |
| Financial Examiners | $87,400 |
| Project Management Specialists | $83,410 |
| Logisticians | $80,800 |
| Financial and Investment Analysts | $80,470 |