Loan Officer Salary in Alabama
Median annual pay in Alabama
$66,710
$32.07/hour
BLS OEWS, May 2025
Adjusted for cost of living in Alabama
$75,104
Regional Price Parity: 88.823 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($76,690): −$9,980 (−13.0%)
Alabama ranks 39th of 51 states by median pay, and 31st of 51 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $42,090 | $20.23 |
| 25th percentile | $49,470 | $23.79 |
| Median | $66,710 | $32.07 |
| 75th percentile | $102,990 | $49.51 |
| 90th percentile | $155,660 | $74.84 |
Employment
- Employment in Alabama
- 5,050
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Comparison
Compared with the U.S.
- Median annual pay in Alabama
- $66,710
- Median annual pay in the U.S.
- $76,690
- Difference
- −$9,980 (−13.0%)
Cost of living
$66,710 ÷ 88.823 × 100 = $75,104
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Pennsylvania | ||
| 37th | $69,300 | $71,024 37th |
| Georgia | ||
| 38th | $68,490 | $71,127 35th |
| Alabama This page | ||
| 39th | $66,710 | $75,104 31st |
| Texas | ||
| 40th | $66,370 | $68,382 43rd |
| Nevada | ||
| 41st | $64,500 | $64,514 47th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Credit Counselor salary in the U.S.
$52,230/year U.S.
- Credit Analyst salary in the U.S.
$83,510/year U.S.
- Personal Financial Advisor salary in the U.S.
$105,070/year U.S.
- Securities, Commodities, and Financial Services Sales Agent salary in the U.S.
$78,660/year U.S.
- Financial Manager salary in the U.S.
$166,570/year U.S.
- Brokerage Clerk salary in the U.S.
$65,750/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +1.1%
- Typical education needed for entry (U.S.)
- Bachelor's degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Loan Officer salary in nearby places
- Loan Officer salary in Florida
$71,090/year Florida
- Loan Officer salary in Georgia
$68,490/year Georgia
- Loan Officer salary in Mississippi
$60,260/year Mississippi
- Loan Officer salary in Tennessee
$62,800/year Tennessee
- Loan Officer salary in the U.S.
$76,690/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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