Loan Officers Salary in Alabama
SOC 13-2072 · State · 2024 BLS OEWS
The median salary for a Loan Officers in Alabama is $60,750 per year as of 2024. That works out to roughly $29.21 per hour. This is 18% below the national median of $74,180. 5,680 people work as Loan Officers in Alabama. Wages have grown 7% since 2014, when the median was $56,680.
Median Annual Salary
$60,750
Mean Annual
$78,300
Median Hourly
$29.21
Total Employed
5,680
Location Quotient
1.44
Concentrated here
Salary Distribution
$40k
10th
$47k
25th
$61k
Median
$94k
75th
$147k
90th
How This Compares
Alabama
$60,750
this metro
United States
$74,180
you earn -18% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $60,750 |
| 2023 | $62,140 |
| 2022 | $60,210 |
| 2021 | $53,410 |
| 2020 | $57,110 |
| 2019 | $56,300 |
| 2018 | $57,660 |
| 2017 | $59,080 |
| 2016 | $56,240 |
| 2015 | $57,690 |
| 2014 | $56,680 |
Related Business and Financial Operations Occupations Jobs in Alabama
Other occupations in the same group, sorted by salary.
| Management Analysts | $102,480 |
| Credit Analysts | $101,050 |
| Budget Analysts | $98,080 |
| Business Operations Specialists, All Other | $98,070 |
| Project Management Specialists | $97,840 |
| Logisticians | $95,030 |