Loan Officers salary in Waterloo, IA
The median loan officers in Waterloo-Cedar Falls, IA earns $72,990 a year, 5% below the US median. After tax that is roughly $4,784 a month.
- 10th percentile
- $51,690
- 25th percentile
- $52,890
- Median percentile
- $72,990
- 75th percentile
- $93,320
- 90th percentile
- $128,300
Based on 190 employed. Data period: BLS OEWS May 2025. Percentiles show the spread of pay, not experience; reading the 25th percentile as "entry level" is only an approximation.
What you keep
$57,405 take-home a year
| Gross pay | $72,990 |
| Federal income tax | −$7,228 |
| Social Security + Medicare | −$5,584 |
| Iowa income tax (approx.) | −$2,774 |
| Monthly take-home | $4,784 |
| Every two weeks | $2,208 |
Does it go far here?
$83,842Median pay in Waterloo, IA is worth this at average US prices (local price level 87.1 vs 100).
20%of take-home pay goes to the median rent ($977 a month, Census ACS).