Loan Officers Salary in Florence, AL

BLS Occupational Employment & Wage Statistics • May 2025 • Florence-Muscle Shoals, AL

Median annual salary $59,000 -20.5% vs national
Median hourly $28.37
10th percentile $39,590
90th percentile $137,730
Employed locally 180
National median $74,180

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Loan Officers
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Florence, AL
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    Salary percentile breakdown

    10th
    $39,590
    25th
    $46,470
    50th (median)
    $59,000
    75th
    $90,630
    90th
    $137,730

    Florence economic context

    Unemployment rate 3.30% 2024 annual avg • BLS LAUS
    Median household income $58,049 2023 • Census ACS
    Loan Officers salary vs area income 102% Median Loan Officers salary is 2% above 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 Florence, AL

    OccupationMedian salary
    Accountants and Auditors $62,980
    Human Resources Specialists $59,680
    Buyers and Purchasing Agents $61,510
    Market Research Analysts and Marketing Specialists $48,560
    Cost Estimators $61,940
    Project Management Specialists $99,370

    Frequently asked questions

    How much do Loan Officers make per hour in Florence?

    The median hourly wage for Loan Officers in Florence, AL is $28.37, based on BLS OEWS 2025 data. Top earners (90th percentile) make $76.75 or more per hour.

    Is Florence above or below average for Loan Officers salaries?

    The median Loan Officers salary in Florence, AL is 20.5% 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 Florence?

    Entry-level Loan Officers (10th percentile) earn around $39,590 per year in Florence, AL. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $46,470.