The median annual wage for Loan Officers in Waterloo-Cedar Falls, IA is $62,160 (May 2024 BLS OES). The mean (average) is $76,600.
Pay spans roughly $48,900 at the 10th percentile to $125,110 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $29.88 per hour. An estimated 190 people work as loan officers in Waterloo-Cedar Falls, IA.
| Median (annual) | $62,160 |
| Mean (annual) | $76,600 |
| Median (hourly) | $29.88 |
| 10th percentile | $48,900 |
| 90th percentile | $125,110 |
| Employment | 190 |
Updated 2026-07-23.
Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.