Based on the latest Bureau of Labor Statistics OEWS data — updated August 12, 2026.
| Alabama | National | Difference | |
|---|---|---|---|
| Median annual salary | $66,710 | $75,854 | -12% |
| Median hourly wage | $32.07 | $36.47 | -12% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $75,124.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Loan Officer in Alabama is $66,710, or about $32.07 per hour, according to BLS OEWS data.
The national median for Loan Officers is $75,854. Alabama is -12% below the national median.
Entry-level loan officers in Alabama typically earn from varies by experience depending on the city and employer.
With 5,050 loan officer jobs on record and a median salary of $66,710, Alabama offers competitive pay compared to the rest of the country.