Loan Officers Salary in Birmingham, AL

BLS Occupational Employment & Wage Statistics • May 2025 • Birmingham, AL

Median annual salary $61,240 -17.4% vs national
Median hourly $29.44
10th percentile $40,700
90th percentile $147,120
Employed locally 1,810
National median $74,180

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Loan Officers
in
Birmingham, AL
vs

    Salary percentile breakdown

    10th
    $40,700
    25th
    $49,420
    50th (median)
    $61,240
    75th
    $92,690
    90th
    $147,120

    Birmingham economic context

    Unemployment rate 2.90% 2024 annual avg • BLS LAUS
    Median household income $69,627 2023 • Census ACS
    Loan Officers salary vs area income 88% Median Loan Officers salary is 12% below the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    Salinas, CA $95,960
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    Corvallis, OR $84,030
    San Jose-Sunnyvale-Santa Clara, CA $81,990
    Denver-Aurora-Centennial, CO $81,200
    Albany-Schenectady-Troy, NY $79,620

    Related occupations in Birmingham, AL

    OccupationMedian salary
    Accountants and Auditors $75,390
    Human Resources Specialists $65,070
    Market Research Analysts and Marketing Specialists $61,270
    Claims Adjusters, Examiners, and Investigators $83,460
    Buyers and Purchasing Agents $63,560
    Management Analysts $96,100

    Frequently asked questions

    How much do Loan Officers make per hour in Birmingham?

    The median hourly wage for Loan Officers in Birmingham, AL is $29.44, based on BLS OEWS 2025 data. Top earners (90th percentile) make $76.34 or more per hour.

    Is Birmingham above or below average for Loan Officers salaries?

    The median Loan Officers salary in Birmingham, AL is 17.4% below the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Birmingham?

    Entry-level Loan Officers (10th percentile) earn around $40,700 per year in Birmingham, AL. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $49,420.