Loan Officer Salary in Des Moines, Iowa
The median loan officer salary in Des Moines, IA is $60,481 per year, which is 8% below the national median and 3.4% above the Iowa state average.
Loan Officer Pay in Des Moines: What to Expect (2026)
Des Moines offers a median loan officer salary of $60,481, which is $1,972 above the Iowa state average of $58,509. Compared to the national median of $65,740, Des Moines pays below the national benchmark for this role.
Des Moines's cost of living is 92% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Des Moines spans from $32,384 at the 10th percentile to $141,496 at the 90th percentile — a $109,112 spread. Entry-level professionals start around $34,960, while senior loan officers with 8+ years of experience can earn up to $119,600. With a population of 214,133, Des Moines is a mid-sized metro with a growing job market.
Loan Officer Salary in Des Moines by Experience
In Des Moines, an entry-level loan officer earns around $34,960, while experienced professionals earn up to $119,600 per year. The local cost of living index is 92% of the national average.
Salary Percentiles in Des Moines, IA
| Percentile | Des Moines |
|---|---|
| 10th Percentile | $32,384 |
| 25th Percentile | $41,768 |
| Median (50th) | $60,481 |
| 75th Percentile | $92,000 |
| 90th Percentile | $141,496 |
Loan Officer Salary in Other Iowa Cities
How to Become a Loan Officer in Des Moines
Education
Most loan officer positions require a bachelor's degree. Des Moines and the surrounding Iowa area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Des Moines may vary based on local industry and population growth.
Find Loan Officer Jobs in Des Moines
Browse open loan officer positions in Des Moines, IA: