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Loan Officer Salary Information in Alaska

The average annual and hourly salaries for loan officers in the state of Alaska are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of loan officers among Alaska metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Loan Officers in Alaska

Percentile BracketAverage Annual Salary
10th Percentile Wage
$35,710
25th Percentile Wage
$44,720
50th Percentile Wage
$57,740
75th Percentile Wage
$81,180
90th Percentile Wage
$124,560

Table 1 shows the average annual salary for loan officers in Alaska in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $124,560. The median (50th percentile) annual salary is $57,740. The average annual salary for the bottom 10 percent is $35,710.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of loan officers from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$57,740
-3.78% -8.35%
2016
$59,920
-4.52% -
2015
$62,630
-3.77% -
2014
$64,990
2.77% -
2013
$63,190
1.00% -
2012
$62,560
- -

Table 3. Median Annual Salary of Loan Officers in Alaska Cities

Table 3 shows the median annual salary of loan officers in some Alaska cities and metropolitan areas. We note that the median annual salary of loan officers in state of Alaska ranges from $56,720 to $67,350. The highest paying area for loan officers in Alaska is Southeast Alaska nonmetropolitan area with a median annual salary of $67,350. The second highest paying city/area in Alaska State is Fairbanks (mean annual salary $62,160). The lowest paying area is Anchorage with a median annual salary of $56,720.

Cities/Areas Median Annual Salary
Southeast Alaska nonmetropolitan area
$67,350
Fairbanks
$62,160
Railbelt-Southwest Alaska nonmetropolitan area
$57,430
Anchorage
$56,720




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