Alabama ranks 46th of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $41,450 — a 68% gap.
Loan Officers are more concentrated in Alabama than the U.S. average — a location quotient of 1.44 means the occupation's share of local jobs is 1.44× the national share.
Alabama employs roughly 2.0% of all loan officers in the country (5,680 workers).
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 | n/a |
| 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.
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.