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Loan Officers in Alaska

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Loan Officers in Alaska

Considering a career as a Loan Officer in Alaska?

-2% Jobs Projection
$56,980 Median Salary
40 Job Openings

While jobs for Loan Officers in Alaska are decreasing, those who do work in these jobs get paid higher than average.

  • Employment for Loan Officers in Alaska is expected to decrease.

  • Loan Officers in Alaska earn higher salaries than the typical U.S. wage earner.

How Many Loan Officers Work in Alaska?

770 people worked as Loan Officers in 2018 in this state.

There were 850 Loan Officers employed in this state in 2017.

That’s a decline of 80 jobs between 2017 and 2018.

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The typical state has 4,250 Loan Officers working in it, which means Alaska has fewer Loan Officers than average.

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Job Projections for Alaska

Jobs for Loan Officers in this state are declining at a rate of 2.0% which is a faster decline than the nationwide estimated projection of 11.4%.

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Alaska Annual Job Openings

The BLS estimates 40 annual job openings, and a total of 480 jobs for Alaska Loan Officers in 2026.

Nationwide, the prediction is 30,400 annual jobs and 354,900 total jobs in 2026.

What do Loan Officers Make in Alaska?

In 2018 wages for Loan Officers ranged from $28,060 to $120,120 with $56,980 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $13.49 to $57.75. The median hourly rate was $27.39.

In 2017 the median pay for this field was $27.76 an hour.

The hourly rate declined by $0.37.

The median salary in Alaska is higher than the nationwide median salary.

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Top Alaska Metros for Loan Officers

The table below shows some of the metros in this state with the most Loan Officers.

Metro Number Employed Annual Median Salary
Anchorage, AK 620 $56,890
Fairbanks, AK 70 $66,570

Top States for Loan Officers Employment

The table below shows the states where most Loan Officers work.

State Number Employed Annual Median Salary
California 37,030 $61,310
Texas 19,950 $68,710
Florida 18,000 $67,760
North Carolina 13,910 $62,360
New York 12,890 $78,520
Illinois 12,330 $66,570
Ohio 11,520 $64,770
Virginia 10,140 $63,860
Pennsylvania 10,010 $59,340
Arizona 8,970 $54,400
Georgia 7,790 $54,690
Minnesota 7,740 $72,030
Missouri 7,130 $68,010
Wisconsin 7,090 $62,850
Washington 6,940 $60,540
New Jersey 6,670 $73,180
Massachusetts 5,780 $70,090
Tennessee 5,440 $54,490
Kentucky 5,300 $60,400
Utah 5,220 $45,470

Below are the states where Loan Officers get paid the most:

State Annual Median Salary
New York $78,520
New Hampshire $76,430
Nebraska $75,800
Connecticut $74,990
District of Columbia $74,840
New Jersey $73,180
Minnesota $72,030
Kansas $71,550
Massachusetts $70,090
Texas $68,710

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References

More about our data sources and methodologies.

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