Loan Officers Salary in Dothan, AL

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

Median annual salary $59,480 -19.8% vs national
Median hourly $28.60
10th percentile $37,170
90th percentile $126,970
Employed locally 160
National median $74,180

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Loan Officers
in
Dothan, AL
vs

    Salary percentile breakdown

    10th
    $37,170
    25th
    $43,400
    50th (median)
    $59,480
    75th
    $80,410
    90th
    $126,970

    Dothan economic context

    Unemployment rate 3.10% 2024 annual avg • BLS LAUS
    Median household income $56,772 2023 • Census ACS
    Loan Officers salary vs area income 105% Median Loan Officers salary is 5% above the area median household income

    Frequently asked questions

    How much do Loan Officers make per hour in Dothan?

    The median hourly wage for Loan Officers in Dothan, AL is $28.60, based on BLS OEWS 2025 data. Top earners (90th percentile) make $76.67 or more per hour.

    Is Dothan above or below average for Loan Officers salaries?

    The median Loan Officers salary in Dothan, AL is 19.8% 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 Dothan?

    Entry-level Loan Officers (10th percentile) earn around $37,170 per year in Dothan, AL. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $43,400.