How much does a loan officer make in Florence?
$63,870a year
Median yearly pay for loan officers in the Florence-Muscle Shoals, AL metro area. That is $30.71 an hour or $5,323 a month.
- Hourly
- $30.71
- Vs. national median
- -17%
- Rank among cities
- 247 of 383
- Jobs in the area
- 150
Pay range
Lowest 10%: $44,720Median: $63,870Highest 10%: $159,700
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $44,720 | $21.50 | |
| 25th | $47,240 | $22.71 | |
| Median | $63,870 | $30.71 | |
| 75th | $98,080 | $47.15 | |
| 90th | $159,700 | $76.75 |
Other cities in Alabama
Median yearly pay for loan officers.
| Huntsville, AL | $76,970 |
| Mobile, AL | $72,860 |
| Auburn, AL | $71,860 |
| Decatur, AL | $69,800 |
| Birmingham, AL | $66,740 |
| Daphne, AL | $66,250 |
| Dothan, AL | $66,230 |
| Tuscaloosa, AL | $64,080 |
| Montgomery, AL | $63,510 |
| Anniston, AL | $61,740 |
| Gadsden, AL | $54,360 |
| Columbus, GA | $50,010 |
Related jobs in Florence
Same field, median yearly pay.
| Project Management Specialist | $93,950 |
| Business Operations Specialist | $82,120 |
| Logistician | $76,640 |
| Personal Financial Advisor | $71,990 |
| Cost Estimator | $69,200 |
| Accountant and Auditor | $67,600 |
| Compliance Officer | $66,620 |
| Buyer and Purchasing Agent | $62,410 |
| Human Resources Specialist | $60,560 |
| Market Research Analyst and Marketing Specialist | $51,940 |
Frequently asked questions
How much does a loan officer make an hour in Florence?
The median hourly pay in the Florence-Muscle Shoals, AL metro area is $30.71 ($63,870 a year).
Do loan officers make more in Florence than the national average?
No: $63,870 against $76,690 nationally, 17% less.
How does Florence compare with the rest of Alabama?
The median in Alabama is $66,710, so Florence pays 4% less.
Where does Florence rank for loan officer pay?
247 of 383 metro areas with data.
How much does a loan officer make starting out in Florence?
The lowest-paid 10% make $44,720 or less a year; the top 10% make $159,700 or more.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.