Loan Officer Salary in Alaska
Based on 490+ workers in Alaska
Median Annual Salary (AK)
$72,800
$35.00/hr
vs National Average
$76,354
-4.7% vs national median
Salary Range (10th–90th)
$27K – $124K
490 employed in Alaska
The median Loan Officer salary in Alaska is $65,160 per year, with approximately 510 professionals working in this field throughout the state. This figure falls about 11% below the national average, reflecting regional economic differences. Alaska's loan officer positions range from $24,400 to $163,450 annually, indicating significant variation based on individual circumstances and employer types.
Several factors influence Loan Officer salary in Alaska, including years of experience, employer size, and specialization in specific loan types. Geographic location within the state, educational background, and professional certifications also play important roles in compensation levels. Additionally, the competitive landscape of Alaska's financial services industry and individual performance metrics can substantially affect earning potential for professionals in this field.
Salary Distribution — Loan Officer in Alaska
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $26,730 |
| 25th percentile | $44,780 |
| Median (50th percentile) | $72,800 |
| 75th percentile | $88,000 |
| 90th percentile | $123,570 |
Top-Paying Industries for Loan Officer (U.S.)
Which industries pay Loan Officers the most — nationwide figures (industry-level data is not available by state). Loan Officers in Alaska tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Retail Trade | $103,260 | 12K |
| Real Estate and Rental and Leasing | $84,090 | 3K |
| Government (excl. schools, hospitals & USPS) | $81,330 | 6K |
| Management of Companies and Enterprises | $79,570 | 12K |
| Other Services (except Public Administration) | $77,140 | 560 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Loan Officer in Alaska vs National
| Year | Median Salary (Alaska) |
|---|---|
| 2022 | $61,220 |
| 2023 | $66,320 |
| 2024 | $65,160 |
| 2025 | $72,800 |
| 2026 (projected) | $77,168 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Alaska Median | National Median |
|---|---|---|
| 2022 | $61,220 | $68,453 |
| 2023 | $66,320 | $70,692 |
| 2024 | $65,160 | $73,485 |
| 2025 | $72,800 | $76,354 |
| 2026 (projected) | $77,168 | $80,935 |
Loan Officer Salary by Experience Level in Alaska
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $44,780 |
| Mid-level | 3-5 yrs | $72,800 |
| Senior | 6-9 yrs | $88,000 |
| Staff / Lead | 10+ yrs | $123,570 |
Loan Officer Salary in Other States
Related Loan Officer Salaries in Alaska
How other high-demand occupations in Alaska compare to Loan Officer ($72,800 median).
| Occupation | Median Salary | vs Loan Officer | Hourly |
|---|---|---|---|
| Financial Manager in AK | $127,030 | +74.5% | $61.07/hr |
| Economist in AK | $111,040 | +52.5% | $53.38/hr |
| Financial Analyst in AK | $102,240 | +40.4% | $49.15/hr |
| Budget Analyst in AK | $94,740 | +30.1% | $45.55/hr |
| Financial Examiner in AK | $90,530 | +24.4% | $43.52/hr |
| Accountant in AK | $83,460 | +14.6% | $40.13/hr |
| Credit Analyst in AK | $81,340 | +11.7% | $39.11/hr |
| Personal Financial Advisor in AK | $78,690 | +8.1% | $37.83/hr |
| Tax Examiner in AK | $77,070 | +5.9% | $37.05/hr |
| Compliance Officer in AK | $76,430 | +5.0% | $36.75/hr |
| Securities Sales Agent in AK | $76,360 | +4.9% | $36.71/hr |
| Insurance Sales Agent in AK | $50,500 | -30.6% | $24.28/hr |
Frequently Asked Questions
How much do loan officers make in Alaska?
- The median salary for loan officers in Alaska is $65,160 per year, or approximately $31 per hour. This is about 11.3% lower than the national average for this position.
What is the salary range for loan officers in Alaska?
- Loan officer salaries in Alaska range from a low of $24,400 to a high of $163,450 per year, depending on experience, employer, and specialization.
How many loan officers work in Alaska?
- There are approximately 510 loan officers currently employed in Alaska, providing a modest job market for this profession in the state.
Is the loan officer salary in Alaska competitive compared to the national average?
- No, Alaska's median loan officer salary of $65,160 is 11.3% below the national average, making it less competitive than many other states for this career.