Salary Range — 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $39,990 | $19.23 |
| 25th percentile | $47,200 | $22.69 |
| 50th percentile (median) | $60,750 | $29.21 |
| 75th percentile | $93,990 | $45.19 |
| 90th percentile (top earners) | $147,110 | $70.73 |
| Mean (average) | $78,300 | $37.64 |
How Alabama Compares
| State | Median Annual | vs. Alabama |
|---|---|---|
| Alabama (current) | $60,750 | — |
| District of Columbia | $102,200 | +68% |
| New York | $98,940 | +63% |
| New Jersey | $95,090 | +57% |
| Massachusetts | $93,430 | +54% |
| Vermont | $86,490 | +42% |
| Minnesota | $84,480 | +39% |
| North Dakota | $82,990 | +37% |
| Kansas | $82,540 | +36% |
Showing top-paying states with available data. View all states →
Related Occupations in Alabama
| Occupation | Median Annual | Employment |
|---|---|---|
| Special Education Teachers, Middle School | $60,760 | 730 |
| Physical Therapist Assistants | $60,890 | 2,550 |
| First-Line Supervisors of Transportation and Material Moving Workers, Except Aircraft Cargo Handling Supervisors | $60,570 | 11,390 |
| Educational, Guidance, and Career Counselors and Advisors | $60,530 | 4,510 |
| Secondary School Teachers, Except Special and Career/Technical Education | $60,530 | 16,480 |
| Telecommunications Line Installers and Repairers | $61,070 | 1,470 |
Frequently Asked Questions
What is the average Loan Officers salary in Alabama?
The mean loan officers salary in Alabama is $78,300 per year. The median (middle) salary is $60,750 per year. Source: BLS OEWS 2024.
What is the starting salary for a Loan Officers in Alabama?
Entry-level loan officerss (10th percentile) in Alabama typically earn around $39,990 per year. Workers at the 25th percentile earn approximately $47,200 per year.
What is the highest Loan Officers salary in Alabama?
Top earners (90th percentile) in this occupation in Alabama make approximately $147,110 per year. Those in the 75th percentile earn around $93,990 per year.
How does the Alabama Loan Officers salary compare to the national average?
The median loan officers salary in Alabama is $60,750, which is -18% below national average of $74,180.
Data Source: This data is sourced from the U.S. Bureau of Labor Statistics,
Occupational Employment and Wage Statistics (OEWS) program, May 2024 release.
All wages are estimates. Actual salaries may vary based on experience, education,
employer, and other factors. bls.gov/oes