Loan Officers Salary in Montgomery, AL

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

Median annual salary $60,600 -18.3% vs national
Median hourly $29.13
10th percentile $39,160
90th percentile $165,560
Employed locally 480
National median $74,180

Compare Loan Officers salary & buying power

Type a city below to see how Montgomery, AL stacks up on salary and cost of living.

Full tool →
Loan Officers
in
Montgomery, AL
vs

    Salary percentile breakdown

    10th
    $39,160
    25th
    $47,040
    50th (median)
    $60,600
    75th
    $92,000
    90th
    $165,560

    Montgomery economic context

    Unemployment rate 3.10% 2024 annual avg • BLS LAUS
    Median household income $62,746 2023 • Census ACS
    Loan Officers salary vs area income 97% Median Loan Officers salary is 3% 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 Montgomery, AL

    OccupationMedian salary
    Accountants and Auditors $72,830
    Human Resources Specialists $60,970
    Business Operations Specialists, All Other $88,990
    Buyers and Purchasing Agents $65,870
    Claims Adjusters, Examiners, and Investigators $66,020
    Market Research Analysts and Marketing Specialists $54,940

    Frequently asked questions

    How much do Loan Officers make per hour in Montgomery?

    The median hourly wage for Loan Officers in Montgomery, AL is $29.13, based on BLS OEWS 2025 data. Top earners (90th percentile) make $76.54 or more per hour.

    Is Montgomery above or below average for Loan Officers salaries?

    The median Loan Officers salary in Montgomery, AL is 18.3% 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 Montgomery?

    Entry-level Loan Officers (10th percentile) earn around $39,160 per year in Montgomery, AL. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $47,040.