Loan Officer Salary in Birmingham, Alabama
The median loan officer salary in Birmingham, AL is $59,166 per year, which is 10% below the national median and 3.4% above the Alabama state average.
Loan Officer Pay in Birmingham: What to Expect (2026)
Birmingham offers a median loan officer salary of $59,166, which is $1,972 above the Alabama state average of $57,194. Compared to the national median of $65,740, Birmingham pays below the national benchmark for this role.
Birmingham's cost of living is 90% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Birmingham spans from $31,680 at the 10th percentile to $138,420 at the 90th percentile — a $106,740 spread. Entry-level professionals start around $34,200, while senior loan officers with 8+ years of experience can earn up to $117,000. With a population of 197,575, Birmingham is a mid-sized metro with a growing job market.
Loan Officer Salary in Birmingham by Experience
In Birmingham, an entry-level loan officer earns around $34,200, while experienced professionals earn up to $117,000 per year. The local cost of living index is 90% of the national average.
Salary Percentiles in Birmingham, AL
| Percentile | Birmingham |
|---|---|
| 10th Percentile | $31,680 |
| 25th Percentile | $40,860 |
| Median (50th) | $59,166 |
| 75th Percentile | $90,000 |
| 90th Percentile | $138,420 |
Loan Officer Salary in Other Alabama Cities
How to Become a Loan Officer in Birmingham
Education
Most loan officer positions require a bachelor's degree. Birmingham and the surrounding Alabama area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Birmingham may vary based on local industry and population growth.
Find Loan Officer Jobs in Birmingham
Browse open loan officer positions in Birmingham, AL: