Loan Officers pay range in Blacksburg
New workers and the lowest-paid 10% earn about $39,170 a year or less, while the top 10% make $118,290 or more. The middle half of loan officers in Blacksburg earn between $60,780 and $104,880.
- $39K10th
- $61K25th
- $86KMedian
- $105K75th
- $118K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $84,360 | $7,030 | $40.56 |
| Median | $85,610 | $7,134 | $41.16 |
| Entry level (25th percentile) | $60,780 | $5,065 | $29.22 |
| Experienced (75th percentile) | $104,880 | $8,740 | $50.42 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Blacksburg vs. Virginia and the U.S.
Loan officers in Blacksburg earn 6% less than the Virginia average ($90,090) and 4% less than the U.S. average ($87,790). At the median the gap is +12% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Blacksburg | $84,360 | $85,610 | $39,170 | $118,290 | 90 |
| Virginia | $90,090 | $78,320 | $40,190 | $157,070 | 8,790 |
| United States | $87,790 | $76,690 | $39,430 | $153,180 | 274,330 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Loan Officers salary after taxes in Blacksburg
On the average salary of $84,360, a single filer in Blacksburg takes home about $64,141 a year, or $5,345 a month and $2,467 every two weeks. Taxes take 24% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
Is Blacksburg a good place for loan officers? Pay vs. cost of living
Prices in the Blacksburg area are 7% below the U.S. average (BEA price parity 92.7), so the average $84,360 buys what about $90,993 would buy in a typical U.S. metro. This job pays 1.8 times the median wage of all jobs in Blacksburg ($48,120). A typical home costs $291,346, or 3.5 years of this average salary before tax.
Loan Officers salary in other Virginia cities
Blacksburg ranks 1st of 9 Virginia metro areas for this job, the best-paid in the state.
- Blacksburg$84,360
- Richmond$78,940
- Winchester$78,220
- Virginia Beach$77,520
- Harrisonburg$77,500
- Roanoke$74,350
- Staunton$67,460
- Lynchburg$67,250
- Charlottesville$65,710
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in Blacksburg: questions
How much do loan officers make an hour in Blacksburg?
$40.56 an hour on average, and $41.16 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Blacksburg?
The lowest-paid 10% earn about $39,170 a year and the 25th percentile is $60,780, a fair guide to starting pay.
What is the loan officers take-home pay in Blacksburg?
About $64,141 a year ($5,345 a month) for a single filer on the average salary of $84,360.
Do loan officers earn more in Blacksburg than elsewhere?
The average here is 4% less than the U.S. average for this job ($87,790).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area Blacksburg-Christiansburg-Radford, VA (13980). Relative standard error of the mean wage: 3.6%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
- Job concentration: location quotient 0.68, this job is less common than in the U.S. overall (location quotient 0.68).
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