Loan Officer salary in Tuscaloosa, AL
Loan Officers in the Tuscaloosa, AL metro area earn a median of $64,080 a year ($30.81 an hour), based on BLS data for 250 workers.
Pay ranges from $43,370 for the lowest-paid 10% to $178,240 for the top 10%. That is 16% lower than the national median of $76,690. Pay here is 4% lower than the Alabama statewide median of $66,710. There are 2.3 loan officers per 1,000 jobs here — the job is 1.3× more common than nationally. The average (mean) salary is $86,920, above the median because a few high earners pull it up.
Pay range for loan officers in Tuscaloosa, AL
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $43,370 | $20.85 |
| 25th percentile | $47,010 | $22.60 |
| Median | $64,080 | $30.81 |
| 75th percentile | $102,640 | $49.35 |
| 90th percentile (top earners) | $178,240 | $85.69 |
| Average (mean) | $86,920 | $41.79 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $5,340 |
| Semi-monthly (24 a year) | $2,670 |
| Biweekly (26 a year) | $2,464.62 |
| Weekly | $1,232.31 |
| Hourly | $30.81 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $64,080 salary, see how much house you can afford in Alabama at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Huntsville, AL | $76,970 | 320 |
| Mobile, AL | $72,860 | 260 |
| Auburn-Opelika, AL | $71,860 | 130 |
| Decatur, AL | $69,800 | 120 |
| Birmingham, AL | $66,740 | 1,730 |
| Daphne-Fairhope-Foley, AL | $66,250 | 180 |
| Dothan, AL | $66,230 | 150 |
| Florence-Muscle Shoals, AL | $63,870 | 150 |
| Montgomery, AL | $63,510 | 380 |
| Anniston-Oxford, AL | $61,740 | 100 |
| Gadsden, AL | $54,360 | 100 |
| Columbus, GA-AL | $50,010 | 170 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Alabama statewide figures.
Related jobs in Tuscaloosa, AL
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $71,690 | $34.47 |
| Personal Financial Advisor | $62,350 | $29.98 |
| Financial and Investment Analysts | $86,680 | $41.67 |
| Tax Examiners and Collectors, and Revenue Agents | $58,130 | $27.95 |
| Human Resources Specialist | $63,220 | $30.39 |
| Buyers and Purchasing Agents | $66,400 | $31.92 |
| Market Research Analysts and Marketing Specialists | $53,090 | $25.53 |
| Logistician | $85,260 | $40.99 |
| Cost Estimator | $74,800 | $35.96 |
| Business Operations Specialists, All Other | $79,640 | $38.29 |
| Management Analyst | $99,190 | $47.69 |
| Compliance Officer | $69,950 | $33.63 |
| Training and Development Specialists | $60,260 | $28.97 |
| Fundraiser | $61,180 | $29.41 |
More: Business and Financial Operations Occupations · all salaries in Tuscaloosa, AL
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Tuscaloosa, AL?
The median salary for loan officers in the Tuscaloosa, AL metro area is $64,080 a year, or $30.81 an hour. Pay ranges from $43,370 for the lowest-paid 10% to $178,240 for the top 10%.
How much do the highest-paid loan officers make in Tuscaloosa, AL?
The top 10% of loan officers in the Tuscaloosa, AL metro area earn at least $178,240 a year. The top 25% earn $102,640 or more.
What is the starting pay for loan officers in Tuscaloosa, AL?
Entry-level pay (the 10th percentile) is about $43,370 a year, and a quarter of loan officers earn $47,010 or less.
How many loan officers work in Tuscaloosa, AL?
About 250 loan officers are employed in the Tuscaloosa, AL metro area, not counting the self-employed.