Loan Officers in Alaska
Get the information you need to know about working as a Loan Officer.
While jobs for Loan Officers in Alaska are decreasing, those who do work in these jobs get paid higher than average.
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Employment for Loan Officers in Alaska is expected to decrease.
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Loan Officers in Alaska earn higher salaries than the typical U.S. wage earner.
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How Many Loan Officers Work in Alaska?
In 2018, there were 770 Loan Officers working in the state.
There were 850 Loan Officers employed in this state in 2017.
That’s a decline of 80 jobs between 2017 and 2018.
The typical state has 4,250 Loan Officers working in it, which means Alaska has fewer Loan Officers than average.
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%.
Alaska Annual Job Openings
The BLS estimates there will be 40 annual job openings, and 480 total jobs in 2026 for Loan Officers in this state.
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.
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 |
Related Careers in AK
Discover similar careers:
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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