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 level | Per year | Per month | Per 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.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Gadsden | $68,480 | $54,360 | $38,060 | $124,530 | 100 |
| 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 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.
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.
Loan Officers salary in other Alabama cities
Gadsden ranks 12th 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
- Gadsden$68,480
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 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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