Loan Officers Salary in Connecticut
SOC 13-2072 · Connecticut · BLS OEWS May 2024
The median salary for Loan Officers in Connecticut is $77,584 per year ($37.30/hr). This is 4.6% higher than the national median of $74,173. The middle 50% earn between $62,005 and $104,832 annually. Top earners at the 90th percentile reach $172,973.
Wage Percentiles: Connecticut
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $23.01 | $47,861 | +24.3% |
| P25 | $29.81 | $62,005 | +22.9% |
| P50MEDIAN | $37.30 | $77,584 | +4.6% |
| P75 | $50.40 | $104,832 | +2.9% |
| P90 | $83.16 | $172,973 | +18.6% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median loan officers salary in Connecticut?
The median (P50) annual salary for Loan Officers in Connecticut is approximately $77,584, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 4.6% higher than the national median of $74,173.
What is the salary range for entry-level loan officers in Connecticut?
Entry-level Loan Officers (10th percentile) in Connecticut earn approximately $47,861 per year. The 25th percentile is $62,005. Top earners (90th percentile) reach $172,973.
How does Connecticut compare to the national average for loan officers?
Connecticut pays 4.6% higher than the national average. The national P50 is $74,173 vs $77,584 in Connecticut. Based on BLS national data adjusted for regional cost factors.
Loan Officers Salary by Location
Other Roles in Connecticut
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