Loan Officers pay in Birmingham
In Birmingham (AL), the median pay for loan officers is $32.09 an hour ($66,740 a year). About 1,730 people work in this job there.
That is 13% lower than the U.S. median ($76,690). It is about the same as the Alabama median ($66,710).
Pay range for loan officers in Birmingham (AL)
| Earns more than | Hourly | Yearly |
|---|---|---|
| 10% of workers | $21.60 | $44,930 |
| 25% of workers | $25.25 | $52,520 |
| Half of workers (median) | $32.09 | $66,740 |
| 75% of workers | $50.34 | $104,720 |
| 90% of workers | $76.34 | $158,790 |
Loan Officers pay in Alabama metro areas
| Metro area | Median yearly pay | People in this job |
|---|---|---|
| Huntsville | $76,970 | 320 |
| Mobile | $72,860 | 260 |
| Auburn-Opelika | $71,860 | 130 |
| Decatur | $69,800 | 120 |
| Birmingham (this page) | $66,740 | 1,730 |
| Daphne-Fairhope-Foley | $66,250 | 180 |
| Dothan | $66,230 | 150 |
| Tuscaloosa | $64,080 | 250 |
| Florence-Muscle Shoals | $63,870 | 150 |
| Montgomery | $63,510 | 380 |
| Anniston-Oxford | $61,740 | 100 |
| Gadsden | $54,360 | 100 |
Alabama unemployment rate: 3.4% (August 2026), U.S. Bureau of Labor Statistics.
Education, experience and outlook for loan officers
- Typical education to start: Bachelor's degree (BLS)
- Related work experience most have: 2 to 4 years (O*NET)
- Experience usually needed to start: Less than 5 years (BLS)
- Training on the job: Moderate-term on-the-job training (BLS)
- Job outlook: +1.1% over ten years, little or no change · about 17,100 openings a year (BLS)
Related jobs in Birmingham (AL)
| Job | Median yearly pay |
|---|---|
| Accountants and Auditors | $78,660 |
| Personal Financial Advisors | $79,480 |
| Financial and Investment Analysts | $91,290 |
Other job titles for this job
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Post a job freeFind jobsCheck pay for any jobSource: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates. Figures are for wage and salary workers and do not include the self-employed. The median is the middle wage: half earn more, half earn less. Other job titles: O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. JAI Bot has modified this information; USDOL/ETA has not approved, endorsed, or tested these modifications.