Average Loan Analyst Salary in Washington D.C., United States for 2025

In this article, we will look at the average Loan Analyst salary for 2025 in Washington D.C. and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the United States dollar. To keep things simple, we are using the USD currency code instead of the currency symbol $.

How Much Does a Loan Analyst Make in Washington D.C.?

A Loan Analyst working in Washington D.C. will typically earn around 112,700 USD per year, and this can range from the lowest average salary of about 53,500 USD to the highest average salary of 175,200 USD.

Average Annual Salary112,700 USD
Average Monthly Salary9,391 USD
Average Lowest Salary53,500 USD
Lowest Monthly Salary4,458 USD
Average Highest Salary175,200 USD
Highest Monthly Salary14,600 USD

These are average salaries for a Loan Analyst in Washington D.C. and include benefits such as housing and transport. It's also possible for a Loan Analyst to earn more or less than the average salaries shown above.

Loan Analyst salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Loan Analyst Salaries in Washington D.C.

So we've looked at the average salaries a Loan Analyst will earn in Washington D.C.. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Loan Analyst can earn between 53,500 USD and 175,200 USD on average in Washington D.C.. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Loan Analyst in Washington D.C. is 115,600 USD. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 115,600 USD, and 50% of the population earn more than 115,600 USD.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Loan Analyst salary in Washington D.C., 25% of the population are earning less than 75,900 USD while 75% of the population earn more than 75,900 USD.

75% of the population earn less than 153,800 USD, and 25% of the population earn more than 153,800 USD.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Loan Analyst Salary by Experience Level in Washington D.C.

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average Loan Analyst salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Loan Analyst in Washington D.C. that has less than two years of experience can expect to earn somewhere in the region of 61,400 USD.
  • 2 - 5 Years Experience. With two to five years of experience the average Loan Analyst salary would increase to 90,000 USD.
  • 5 - 10 Years Experience. From five to ten years of experience as a Loan Analyst, the average salary would be 115,600 USD.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 142,300 USD.
  • 15 - 20 Years Experience. A Loan Analyst with 15 to 20 years of experience can earn an average of 152,900 USD.
  • 20+ Years Experience. For a Loan Analyst with more than 20 years, the expected average salary increases to 167,100 USD.

Average Salary by Experience Chart

0-2 Years-
61,400 USD
2-5 Years+42%
90,000 USD
5-10 Years+31%
115,600 USD
10-15 Years+23%
142,300 USD
15-20 Years+6%
152,900 USD
20+ Years+10%
167,100 USD

Loan Analyst Salary by Education Level in Washington D.C.

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Loan Analyst in Washington D.C. based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • Bachelor's Degree. A Loan Analyst in Washington D.C. with a bachelor's degree education can earn an average salary of 97,300 USD.
  • Master's Degree. A Loan Analyst in Washington D.C. with a master's degree education can earn an average salary of 140,200 USD.

Average Salary by Education Chart

Bachelor's Degree-
97,300 USD
Master's Degree+43%
140,200 USD

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in United States is around 39,500 to 118,000 USD and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Loan Analyst Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Washington D.C., a male loan analyst will earn an average of 108,200 USD, while a female loan analyst will earn around 105,800 USD.

This means that a male loan analyst earns approximately 2% more than a female loan analyst for performing the same job.

Average Salary by Gender Chart in Washington D.C.

Male-
108,200 USD
Female-2%
105,800 USD

Loan Analyst Average Pay Raise in Washington D.C.

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Loan Analyst in Washington D.C. is around 12% every 15 months.

The national average pay raise across all professions and industries in United States is around 8% every 16 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 12 ÷ 15 ) × 12  = 10%

What this means is that a Loan Analyst in Washington D.C. can expect to receive an average pay raise of around 10% every 12 months.

Annual Pay Raise by Industry in Washington D.C. for 2025

In the chart below, you can see the average annual pay raise percentages for each of the major industries in United States.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking-
4%
Energy-
8%
Information Technology-
3%
Healthcare-
7%
Travel-
2%
Construction-
6%
Education-
1%

Loan Analyst Bonus and Incentive Rates in Washington D.C.

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Loan Analyst is a moderate bonus based job, with 54% of employees reporting at least one bonus in the last 12 months.

46% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 3% to 5%.

Received Bonus-
54%
No Bonus-
46%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in United States earn approximately 6% more than private sector employees in the same role.

Public Sector-
98,800 USD
Private Sector-6%
93,100 USD

Salaries for Jobs Similar to a Loan Analyst

In the table below, we have salary information for jobs that are similar to a Loan Analyst in Washington D.C..

Job TitleCategorySalary
AML AnalystBanking148,300 USD
ATM ManagerBanking146,900 USD
ATM Service TechnicianBanking36,200 USD
Assistant Bank Branch ManagerBanking127,700 USD
Assistant Bank ManagerBanking169,700 USD
Bank Accounts AnalystBanking52,300 USD
Bank Accounts CollectorBanking33,500 USD
Bank Accounts ControllerBanking72,300 USD
Bank Accounts ExecutiveBanking102,700 USD
Bank Accounts ManagerBanking123,000 USD
Bank Auditing ManagerBanking127,700 USD
Bank Branch ManagerBanking165,900 USD
Bank Branch Operations CoordinatorBanking74,500 USD
Bank ClerkBanking33,200 USD
Bank Client Service AssociateBanking46,900 USD
Bank CollectorBanking35,600 USD
Bank Compliance SpecialistBanking89,400 USD
Bank ManagerBanking192,600 USD
Bank Operational Risk ManagerBanking205,700 USD
Bank Operations HeadBanking205,700 USD
Bank Operations OfficerBanking82,200 USD
Bank Operations SpecialistBanking124,500 USD
Bank Process ManagerBanking118,900 USD
Bank Product Manager Banking134,100 USD
Bank Programme ManagerBanking138,700 USD
Bank Project ManagerBanking158,700 USD
Bank Propositions ManagerBanking139,100 USD
Bank Quantitative AnalystBanking107,300 USD
Bank Regional ManagerBanking218,100 USD
Bank Regional Risk OfficerBanking109,700 USD
Bank Relationship ManagerBanking151,800 USD
Bank Relationship OfficerBanking73,200 USD
Bank TellerBanking36,400 USD
BankerBanking74,100 USD
Banking Business AnalystBanking107,700 USD
Banking Business Development OfficerBanking63,400 USD
Banking Business Planning ExecutiveBanking156,200 USD
Banking Product ManagerBanking134,100 USD
Banking Reference Data ManagerBanking121,800 USD
Banking Risk AnalystBanking105,800 USD
Banking Technical AnalystBanking53,800 USD
Bankruptcy CoordinatorBanking77,400 USD
Bill and Account CollectorBanking36,500 USD
Budget AnalystBanking107,700 USD
Capital Risk ManagerBanking193,200 USD
Cards Marketing ManagerBanking128,200 USD
Cash Management ManagerBanking185,900 USD
Check Processing ManagerBanking140,200 USD
Commercial Vault AssociateBanking97,300 USD
Corporate BankerBanking78,200 USD
Corporate DealerBanking112,700 USD
Credit AnalystBanking83,300 USD
Credit Card Fraud InvestigatorBanking107,700 USD
Credit Portfolio ManagerBanking197,600 USD
Credit Risk AnalystBanking124,500 USD
Credit Risk AssociateBanking108,200 USD
Credit and Collections ManagerBanking137,100 USD
Direct Bank Sales RepresentativeBanking75,400 USD
Exchange Control ConsultantBanking108,200 USD
Executive Account AnalystBanking105,200 USD
Financial Bank Planning ConsultantBanking140,700 USD
Financial Banking Analysis ManagerBanking151,800 USD
Financial Banking AssistantBanking49,100 USD
Financial Banking Systems ManagerBanking146,900 USD
Foreign Exchange ManagerBanking148,300 USD
Fraud AnalystBanking114,300 USD
Fraud Detection AssociateBanking74,600 USD
Fraud Detection ManagerBanking169,700 USD
Fraud Detection SupervisorBanking93,800 USD
Internal Bank Audit ManagerBanking185,900 USD
Internal Bank AuditorBanking103,600 USD
Internal Private BankerBanking78,900 USD
International Banking ManagerBanking222,300 USD
Investment Banking AnalystBanking152,700 USD
Loan Area ManagerBanking130,500 USD
Loan Audit Team LeaderBanking119,700 USD
Loan Branch ManagerBanking124,500 USD
Loan Business Development OfficerBanking63,200 USD
Loan ClerkBanking36,800 USD
Loan Collection ManagerBanking130,500 USD
Loan Collection and Recovery ManagerBanking132,000 USD
Loan CollectorBanking34,000 USD
Loan ExaminerBanking46,000 USD
Loan OfficerBanking39,300 USD
Loan Processing ManagerBanking117,100 USD
Loan ProcessorBanking45,600 USD
Loan Quality Assurance AuditorBanking107,300 USD
Loan Quality Assurance ManagerBanking121,800 USD
Loan Quality Assurance RepresentativeBanking77,000 USD
Loan Review ManagerBanking115,600 USD
Loan Team LeaderBanking109,000 USD
Loans ManagerBanking137,100 USD
Mortgage AdvisorBanking74,300 USD
Mortgage Collection ManagerBanking119,700 USD
Mortgage CollectorBanking33,000 USD
Mortgage Credit AnalystBanking57,800 USD
Mortgage Credit ManagerBanking114,600 USD
Mortgage Development ManagerBanking132,000 USD
Mortgage Document ReviewerBanking45,900 USD
Mortgage Funding ManagerBanking140,200 USD
Mortgage Operations ManagerBanking180,500 USD
Mortgage Payment Processing ClerkBanking39,700 USD
Mortgage Processing ManagerBanking115,600 USD
Mortgage ProcessorBanking48,600 USD
Mortgage Quality Assurance AuditorBanking109,700 USD
Mortgage Quality Assurance ManagerBanking114,300 USD
Mortgage Servicing ClerkBanking39,500 USD
Mortgage Servicing ManagerBanking112,700 USD
Mortgage UnderwriterBanking45,600 USD
Online Banking ManagerBanking175,200 USD
Payment Processing ClerkBanking35,400 USD
Personal BankerBanking73,700 USD
Personal Banking Advisor Banking77,100 USD
Phone BankerBanking50,800 USD
Private BankerBanking78,500 USD
Reconciliation and Investigation SpecialistBanking84,800 USD
Tax OfficerBanking62,600 USD
TellerBanking34,900 USD
Trade OfficerBanking45,200 USD
Trade Product ManagerBanking130,500 USD
TraderBanking49,200 USD
Treasury Operations OfficerBanking92,100 USD

Salary Comparison by City

If you want to compare salaries with different cities in United States, you can use the links below to explore the data for each specific city we have researched.

CityAverage Salary
Atlanta94,300 USD
Austin119,700 USD
Baltimore107,700 USD
Boston107,700 USD
Bristol87,600 USD
Chicago128,200 USD
Cincinnati94,800 USD
Cleveland90,900 USD
Dallas116,400 USD
Denver105,800 USD
Detroit105,200 USD
Honolulu87,400 USD
Houston117,100 USD
Indianapolis114,600 USD
Iowa City87,800 USD
Jacksonville114,600 USD
Kansas City99,700 USD
Kent83,700 USD
Las Vegas105,800 USD
Long Beach93,600 USD
Los Angeles127,700 USD
Memphis111,700 USD
Miami103,600 USD
Minneapolis91,900 USD
New Orleans98,700 USD
New York119,700 USD
Oakland97,300 USD
Oklahoma City105,800 USD
Orlando92,000 USD
Philadelphia114,300 USD
Phoenix117,100 USD
Sacramento103,600 USD
San Antonio123,000 USD
San Diego116,400 USD
San Francisco112,700 USD
San Jose119,700 USD
Seattle107,300 USD
Tampa93,100 USD
Vancouver88,700 USD

Salary Comparison by State

The table below includes links to the average salary for each state in United States.

StateAverage Salary
Alabama111,700 USD
Alaska93,300 USD
Arizona107,300 USD
Arkansas105,200 USD
California114,900 USD
Colorado109,700 USD
Connecticut103,600 USD
Delaware99,700 USD
District of Columbia93,900 USD
Florida112,700 USD
Georgia115,600 USD
Hawaii94,000 USD
Idaho100,700 USD
Illinois116,400 USD
Indiana114,300 USD
Iowa102,700 USD
Kansas100,200 USD
Kentucky109,000 USD
Louisiana102,700 USD
Maine100,700 USD
Maryland109,700 USD
Massachusetts105,800 USD
Michigan116,400 USD
Minnesota105,200 USD
Mississippi105,200 USD
Missouri107,700 USD
Montana99,700 USD
Nebraska100,500 USD
Nevada95,600 USD
New Hampshire100,400 USD
New Jersey108,200 USD
New Mexico105,200 USD
New York114,300 USD
North Carolina109,000 USD
North Dakota92,200 USD
Ohio111,700 USD
Oklahoma107,700 USD
Oregon102,700 USD
Pennsylvania121,800 USD
Rhode Island93,600 USD
South Carolina103,600 USD
South Dakota94,800 USD
Tennessee109,000 USD
Texas123,000 USD
Utah97,300 USD
Vermont95,600 USD
Virginia114,600 USD
Washington107,700 USD
West Virginia100,700 USD
Wisconsin107,300 USD
Wyoming95,100 USD

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