Loan Officer Salary in Iowa City, Iowa
The median loan officer salary in Iowa City, IA is $62,453 per year, which is 5% below the national median and 6.7% above the Iowa state average.
Loan Officer Pay in Iowa City: What to Expect (2026)
Iowa City offers a median loan officer salary of $62,453, which is $3,944 above the Iowa state average of $58,509. Compared to the national median of $65,740, Iowa City pays below the national benchmark for this role.
Iowa City's cost of living is 95% 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 Iowa City spans from $33,440 at the 10th percentile to $146,110 at the 90th percentile — a $112,670 spread. Entry-level professionals start around $36,100, while senior loan officers with 8+ years of experience can earn up to $123,500. Iowa City is a smaller market (pop. 74,828), which may mean fewer openings but also less competition for available positions.
Loan Officer Salary in Iowa City by Experience
In Iowa City, an entry-level loan officer earns around $36,100, while experienced professionals earn up to $123,500 per year. The local cost of living index is 95% of the national average.
Salary Percentiles in Iowa City, IA
| Percentile | Iowa City |
|---|---|
| 10th Percentile | $33,440 |
| 25th Percentile | $43,130 |
| Median (50th) | $62,453 |
| 75th Percentile | $95,000 |
| 90th Percentile | $146,110 |
Loan Officer Salary in Other Iowa Cities
How to Become a Loan Officer in Iowa City
Education
Most loan officer positions require a bachelor's degree. Iowa City 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 Iowa City may vary based on local industry and population growth.
Find Loan Officer Jobs in Iowa City
Browse open loan officer positions in Iowa City, IA: