Loan Officers Pay Range in Connecticut
Pay distribution across experience levels
- 10th Percentile — Entry Level$50,300
- 25th Percentile — Junior$63,790
- 50th Percentile — Median$95,730
- 75th Percentile — Senior$121,360
- 90th Percentile — Top Earners$171,280
Half of Loan Officers in Connecticut earn more than $95,730. The top 10% make $171,280 or more, while entry-level workers start around $50,300.
Loan Officers in Connecticut: Key Facts
Source: BLS OEWS May 2025
- Connecticut ranks 5th of 51 states for Loan Officers pay, at $101,710 per year (15.9% above the U.S. average of $87,790).
- 2,220 people work as Loan Officers in Connecticut — 0.8% of all U.S. Loan Officers jobs.
- Location quotient 0.74: Loan Officers jobs are less concentrated in Connecticut than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $50,300; the top 10% earn over $171,280.
- Hourly equivalent: $48.9 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in Connecticut, Personal Financial Advisors pays the most ($160,780).
Loan Officers Job Market in Connecticut
Key factors affecting compensation
Connecticut's key industries are Finance, Insurance, Manufacturing, and its job market is rated strong. Loan Officers here earn $101,710 on average, placing the state 5th nationally.
With a cost-of-living index of 1.22 (U.S. = 1.00), a Connecticut salary of $101,710 is roughly equivalent to $83,369 at the national average cost of living.
Compared with nearby states in the pay ranking, Massachusetts ($118,390), New York ($114,670), Minnesota ($104,700) are the closest alternatives for Loan Officers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in Connecticut
Related career salary benchmarks
- Personal Financial Advisors $160,780/yr Connecticut +58.1% vs this role
- Financial and Investment Analysts $129,040/yr Connecticut +26.9% vs this role
- Financial Examiners $126,220/yr Connecticut +24.1% vs this role
- Management Analysts $116,100/yr Connecticut +14.1% vs this role
- Project Management Specialists $113,490/yr Connecticut +11.6% vs this role
- Credit Analysts $102,400/yr Connecticut +0.7% vs this role
- Accountants and Auditors $101,810/yr Connecticut +0.1% vs this role
- Budget Analysts $98,440/yr Connecticut 3.2% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in Connecticut?
The average Loan Officers salary in Connecticut is $101,710 per year (median $95,730), which is 15.9% above the national average of $87,790.
How does Connecticut rank for Loan Officers pay?
Connecticut ranks 5th out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in Connecticut?
The lowest-paid 10% of Loan Officers in Connecticut earn about $50,300 per year and the 25th percentile is $63,790.
How much do Loan Officers make per hour in Connecticut?
About $48.9 per hour, based on the $101,710 annual average and 2,080 working hours per year.
How many Loan Officers work in Connecticut?
BLS counts 2,220 Loan Officers jobs in Connecticut (OEWS May 2025).
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