Loan Officers pay range in Montgomery
New workers and the lowest-paid 10% earn about $43,270 a year or less, while the top 10% make $159,190 or more. The middle half of loan officers in Montgomery earn between $47,380 and $104,130.
- $43K10th
- $47K25th
- $64KMedian
- $104K75th
- $159K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $84,760 | $7,063 | $40.75 |
| Median | $63,510 | $5,292 | $30.53 |
| Entry level (25th percentile) | $47,380 | $3,948 | $22.78 |
| Experienced (75th percentile) | $104,130 | $8,678 | $50.06 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Loan Officers pay in Montgomery vs. Alabama and the U.S.
Loan officers in Montgomery earn about the same as the Alabama average ($83,410) and 3% less than the U.S. average ($87,790). At the median the gap is -17% against the U.S. median of $76,690.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Montgomery | $84,760 | $63,510 | $43,270 | $159,190 | 380 |
| Alabama | $83,410 | $66,710 | $42,090 | $155,660 | 5,050 |
| United States | $87,790 | $76,690 | $39,430 | $153,180 | 274,330 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Loan Officers salary after taxes in Montgomery
On the average salary of $84,760, a single filer in Montgomery takes home about $64,952 a year, or $5,413 a month and $2,498 every two weeks. Taxes take 23% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). City occupational taxes (for example in Birmingham and Gadsden) are not included.
Is Montgomery a good place for loan officers? Pay vs. cost of living
Prices in the Montgomery area are 10% below the U.S. average (BEA price parity 89.7), so the average $84,760 buys what about $94,512 would buy in a typical U.S. metro. This job pays 1.4 times the median wage of all jobs in Montgomery ($44,950). A typical home costs $214,099, or 2.5 years of this average salary before tax.
Loan Officers salary in other Alabama cities
Montgomery ranks 6th of 12 Alabama metro areas for this job; Auburn pays the most ($88,910).
- Auburn$88,910
- Decatur$88,700
- Huntsville$87,610
- Tuscaloosa$86,920
- Birmingham$85,420
- Montgomery$84,760
- Dothan$83,070
- Mobile$82,050
- Florence$81,550
- Daphne$80,320
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
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Loan Officers salary in Montgomery: questions
How much do loan officers make an hour in Montgomery?
$40.75 an hour on average, and $30.53 at the median (BLS, May 2025).
What is the entry-level loan officers salary in Montgomery?
The lowest-paid 10% earn about $43,270 a year and the 25th percentile is $47,380, a fair guide to starting pay.
What is the loan officers take-home pay in Montgomery?
About $64,952 a year ($5,413 a month) for a single filer on the average salary of $84,760. City occupational taxes (for example in Birmingham and Gadsden) are not included.
Do loan officers earn more in Montgomery than elsewhere?
The average here is 3% less than the U.S. average for this job ($87,790).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area Montgomery, AL (33860). Relative standard error of the mean wage: 5.5%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). City occupational taxes (for example in Birmingham and Gadsden) are not included.
- Job concentration: location quotient 1.31, this job is 1.3 times as concentrated as in the U.S. overall.
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