SOC 13-2072 · Gadsden, AL metro

Loan Officers Salary in Gadsden, AL

The average salary for loan officers in Gadsden, Alabama is $68,480 a year ($32.92 an hour), according to BLS estimates for May 2025. The median is $54,360: half of the 100 people in this job in the Gadsden, AL metro area earn more than that, half earn less. That average is 22% less than the U.S. average for this job ($87,790).

$68,480average per year

$32.92 / hourMedian $54,360Take-home ≈ $54,133

  • $38K10th
  • $43K25th
  • $54KMedian
  • $87K75th
  • $125K90th

median average · bar = middle 50% of workers · how to read it

100people in this job
-22%vs U.S. average
#12 of 12Alabama metros
86cost of living (U.S. = 100)
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Loan Officers pay range in Gadsden

New workers and the lowest-paid 10% earn about $38,060 a year or less, while the top 10% make $124,530 or more. The middle half of loan officers in Gadsden earn between $42,730 and $87,050.

  • $38K10th
  • $43K25th
  • $54KMedian
  • $87K75th
  • $125K90th

median average · bar = middle 50% of workers · how to read it

Pay levelPer yearPer monthPer hour*
Average$68,480$5,707$32.92
Median$54,360$4,530$26.13
Entry level (25th percentile)$42,730$3,561$20.54
Experienced (75th percentile)$87,050$7,254$41.85

*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.

Loan Officers pay in Gadsden vs. Alabama and the U.S.

Loan officers in Gadsden earn 18% less than the Alabama average ($83,410) and 22% less than the U.S. average ($87,790). At the median the gap is -29% against the U.S. median of $76,690.

AreaAverageMedian10th pct.90th pct.Jobs
Gadsden$68,480$54,360$38,060$124,530100
Alabama$83,410$66,710$42,090$155,6605,050
United States$87,790$76,690$39,430$153,180274,330

State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.

Loan Officers salary after taxes in Gadsden

On the average salary of $68,480, a single filer in Gadsden takes home about $54,133 a year, or $4,511 a month and $2,082 every two weeks. Taxes take 21% 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.

Alabama paycheck calculator: try your own salary

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Is Gadsden a good place for loan officers? Pay vs. cost of living

Prices in the Gadsden area are 14% below the U.S. average (BEA price parity 85.7), so the average $68,480 buys what about $79,950 would buy in a typical U.S. metro. This job pays 1.5 times the median wage of all jobs in Gadsden ($36,660). A typical home costs $184,689, or 2.7 years of this average salary before tax.

See what $68,480 is worth in another city

Loan Officers salary in other Alabama cities

Gadsden ranks 12th of 12 Alabama metro areas for this job; Auburn pays the most ($88,910).

All Loan Officers salaries in Alabama

Highest-paying cities for loan officers

Elmira, NY pays this job the most of the metro areas we cover ($129,370).

Loan Officers salary by city

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Reviewed before it counts. Loan Officers in Gadsden, AL.

Loan Officers salary in Gadsden: questions

How much do loan officers make an hour in Gadsden?

$32.92 an hour on average, and $26.13 at the median (BLS, May 2025).

What is the entry-level loan officers salary in Gadsden?

The lowest-paid 10% earn about $38,060 a year and the 25th percentile is $42,730, a fair guide to starting pay.

What is the loan officers take-home pay in Gadsden?

About $54,133 a year ($4,511 a month) for a single filer on the average salary of $68,480. City occupational taxes (for example in Birmingham and Gadsden) are not included.

Do loan officers earn more in Gadsden than elsewhere?

The average here is 22% 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 Gadsden, AL (23460). Relative standard error of the mean wage: 3.7%.
  • 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 1.69, this job is 1.7 times as concentrated as in the U.S. overall.

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