SalaryNode

Average Loan Officers Salary in Columbus, GA-AL

The average salary for Loan Officerss in Columbus, GA-AL is $76,450. While this is lower than the national average, the cost of living in Columbus, GA-AL may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $76,450 per year.
  • Growth Trend: Salaries have shifted 8.8% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $140,300.
  • Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 190 professionals. This role remains a specialized component of the broader Columbus, GA-AL economy.
2024 Market Data

Salary Overview

$76,450

The average Loan Officers in Columbus, GA-AL earns-11.3%below the national average.

BreakdownBased on 40h/week
Hourly

$36.8

Weekly

$1,470

Monthly

$6,371

Loan Officers Salary Distribution in Columbus, GA-AL

The earning potential for Loan Officerss in Columbus, GA-AL varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $37,860, while highly experienced professionals can command wages upwards of $140,300.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$37,860$18.2
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$57,338$27.6
ManagerOversees team, compliance, and project delivery.50% (Median)$61,220$29.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$95,563$45.9
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$140,300$67.5

Detailed Loan Officers Market Analysis

Relocation Context

Nominal Salary

$76,450

Gross Pay

Real Wage (Purchasing Power)

$76,450

Adjusted for COL (100)

In Columbus, GA-AL, the Cost of Living Index is 100. This increases your effective purchasing power from $76,450 to $76,450.

Job Market Context

190

Total Jobs

1.652

Per 1K Jobs

0.88

Location Quotient

Below Average

Columbus, GA-AL has 0.88x the national average concentration of Loan Officers jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

190 people work as Loan Officers in Columbus, GA-AL.

1.652 out of every 1,000 local jobs are Loan Officers positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Loan Officers

Comparing salaries near Columbus, GA-AL

Hiring Loan Officerss?

Frequently Asked Questions

How much does a Loan Officers make in Columbus, GA-AL?

The median annual salary for a Loan Officers in Columbus, GA-AL is $76,450. This typically ranges from $37,860 for entry-level positions to $140,300 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Columbus, GA-AL is 11.3% lower than the national median of $86,220.

Is Columbus, GA-AL a good place for Loan Officerss?

It depends on your priorities. While the average Loan Officers salary in Columbus, GA-AL is $76,450 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Columbus, GA-AL. See distinct detailed breakdown below.

Is Columbus, GA-AL a good place to live for Loan Officers?

The Cost of Living Index in Columbus, GA-AL is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Columbus, GA-AL?

Some top paying nearby cities include Auburn-Opelika, AL ($87,570) and Warner Robins, GA.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 190 employees in the Columbus, GA-AL area with a job density of 1.652 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.