Business & Finance Iowa (IA) Rank #39 of 50

Loan Officer Salary in Iowa

The median loan officer salary in Iowa is $58,509 per year, which is 11% below the national median of $65,740.

Median Salary

$58,509

vs National

$-7,231

State Rank

#39 of 50

Cost of Living

89%

Loan Officer Salary in Iowa by Experience

In Iowa, an entry-level loan officer earns around $33,820, while experienced professionals earn up to $115,700 per year. The cost of living index in Iowa is 89% of the national average.

Entry Level (0-2 yrs)

$33,820

$-4,180 vs national

Mid Level (3-7 yrs)

$58,740

$-7,260 vs national

Senior Level (8+ yrs)

$115,700

$-14,300 vs national

Salary Percentiles in Iowa

Percentile	IA Salary	National	Difference
10th Percentile	$31,328	$35,200	$-3,872
25th Percentile	$40,406	$45,400	$-4,994
Median (50th)	$58,509	$65,740	$-7,231
75th Percentile	$89,000	$100,000	$-11,000
90th Percentile	$136,882	$153,800	$-16,918

Major Cities for Loan Officers in Iowa

The largest employment areas for loan officers in Iowa include Des Moines, Cedar Rapids, Davenport, and Sioux City. Salaries in major metro areas may be higher due to increased demand and cost of living.

Des Moines, IA