WageDepth

Loan Officers Salary in Waterloo-Cedar Falls, IA

SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS

The median salary for a Loan Officers in Waterloo-Cedar Falls, IA is $62,160 per year as of 2024. That works out to roughly $29.88 per hour. This is 16% below the national median of $74,180. 190 people work as Loan Officers in Waterloo-Cedar Falls, IA. Wages have grown 11% since 2014, when the median was $56,240.

Median Annual Salary

$62,160

Mean Annual

$76,600

Median Hourly

$29.88

Total Employed

190

Location Quotient

1.17

Average concentration

Salary Distribution

$49k
10th
$51k
25th
$62k
Median
$92k
75th
$125k
90th

How This Compares

Waterloo-Cedar Falls, IA

$62,160

this metro

Iowa

$80,070

you earn -22% vs state

United States

$74,180

you earn -16% vs US

Salary Trend

View data table
Year Median Annual
2024 $62,160
2023 $66,360
2022 $67,860
2021 $61,970
2020 $52,630
2019 $68,270
2018 $75,980
2017 $78,290
2016 $53,630
2015 $49,980
2014 $56,240

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