Business & Finance Anchorage, AK Pop. 291,247

Loan Officer Salary in Anchorage, Alaska

The median loan officer salary in Anchorage, AK is $82,832 per year, which is 26.0% above the national median and 1.6% above the Alaska state average.

City Median
$82,832
vs State Avg
+$1,314
vs National
+$17,092
Cost of Living
126%

Loan Officer Pay in Anchorage: What to Expect (2026)

Anchorage offers a median loan officer salary of $82,832, which is $1,314 above the Alaska state average of $81,518. Compared to the national median of $65,740, Anchorage pays above average for this role.

However, Anchorage's cost of living index is 126%, significantly above the national average. After adjusting for local costs, the $82,832 salary has an effective purchasing power of approximately $65,740. Housing, transportation, and food costs in Anchorage should be factored into any relocation or job-change decision.

The salary range for loan officers in Anchorage spans from $44,352 at the 10th percentile to $193,788 at the 90th percentile — a $149,436 spread. Entry-level professionals start around $47,880, while senior loan officers with 8+ years of experience can earn up to $163,800. With a population of 291,247, Anchorage is a mid-sized metro with a growing job market.

Loan Officer Salary in Anchorage by Experience

In Anchorage, an entry-level loan officer earns around $47,880, while experienced professionals earn up to $163,800 per year. The local cost of living index is 126% of the national average.

Entry Level (0-2 yrs)
$47,880
+$9,880 vs national
Mid Level (3-7 yrs)
$83,160
+$17,160 vs national
Senior Level (8+ yrs)
$163,800
+$33,800 vs national

Salary Percentiles in Anchorage, AK

Percentile Anchorage
10th Percentile $44,352
25th Percentile $57,204
Median (50th) $82,832
75th Percentile $126,000
90th Percentile $193,788

Loan Officer Salary in Other Alaska Cities

Juneau, AK
$88,749
Pop. 32,255
Sitka, AK
$86,777
Pop. 8,458
Fairbanks, AK
$85,462
Pop. 32,325
Wasilla, AK
$77,573
Pop. 12,000

How to Become a Loan Officer in Anchorage

Education

Most loan officer positions require a bachelor's degree. Anchorage and the surrounding Alaska area have institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Anchorage may vary based on local industry and population growth.

Find Loan Officer Jobs in Anchorage

Browse open loan officer positions in Anchorage, AK:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Loan Officer Salary in Anchorage

How much does a Loan Officer make in Anchorage, AK? ▼
The median loan officer salary in Anchorage, Alaska is $82,832 per year, which is 26.0% above the national median of $65,740. Salaries range from $44,352 (10th percentile) to $193,788 (90th percentile).
How much does a Loan Officer make per hour in Anchorage? ▼
Based on the median annual salary of $82,832, a loan officer in Anchorage earns approximately $40 per hour assuming a standard 2,080-hour work year.
How does Anchorage compare to the Alaska state average for loan officer pay? ▼
Anchorage's median loan officer salary of $82,832 is 1.6% above the Alaska state average of $81,518. The local cost of living index is 126% of the national average.
What is the cost of living in Anchorage, AK? ▼
Anchorage has a cost of living index of 126% compared to the national average. This means a loan officer salary of $82,832 in Anchorage has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Anchorage? ▼
Most loan officer positions in Anchorage require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.