Loan Officers Salary in Montgomery, AL
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Montgomery, AL is $60,600 per year as of 2024. That works out to roughly $29.13 per hour. This is 18% below the national median of $74,180. 480 people work as Loan Officers in Montgomery, AL. Wages have grown 4% since 2014, when the median was $58,400.
Median Annual Salary
$60,600
Mean Annual
$80,600
Median Hourly
$29.13
Total Employed
480
Location Quotient
1.56
Concentrated here
Salary Distribution
How This Compares
Montgomery, AL
$60,600
this metro
Alabama
$60,750
you earn +-0% vs state
United States
$74,180
you earn -18% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $60,600 |
| 2023 | $61,470 |
| 2022 | $58,250 |
| 2021 | $49,250 |
| 2020 | $61,460 |
| 2019 | $70,150 |
| 2018 | $48,410 |
| 2017 | $47,200 |
| 2016 | $44,580 |
| 2015 | $59,830 |
| 2014 | $58,400 |
Related Business and Financial Operations Occupations Jobs in Montgomery, AL
Other occupations in the same group, sorted by salary.
| Financial Examiners | $99,820 |
| Financial Specialists, All Other | $91,260 |
| Project Management Specialists | $90,230 |
| Business Operations Specialists, All Other | $88,990 |
| Management Analysts | $86,940 |
| Financial and Investment Analysts | $83,320 |