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 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
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.