The average salary for a loan officer in Connecticut is around $88,768 per year.
Avg Salary
Loan officers earn an average yearly salary of $88,768.
Wages typically start from $40,102 and go up to $196,494.
39% above national average Updated in 2018
Loan officer earnings by seniority
90th percentile
Top-level loan officer earnings begin at:
$94.47 per hour
$196,494 per year
75th percentile
Senior-level loan officer earnings begin at:
$64.84 per hour
$134,860 per year
50th percentile
Mid-level loan officer earnings begin at:
$42.68 per hour
$88,768 per year
25th percentile
Junior-level loan officer earnings begin at:
$28.09 per hour
$58,430 per year
10th percentile
Starting level loan officer earnings begin at:
$19.28 per hour
$40,102 per year
Approximate values based on highest and lowest earning segments.
Loan officer salary by state
State Name | Average Salary |
---|---|
Connecticut | $88,768 |
Illinois | $81,620 |
New York | $78,520 |
New Hampshire | $76,430 |
Nebraska | $75,800 |
Kansas | $75,462 |
District of Columbia | $74,840 |
New Jersey | $73,180 |
Minnesota | $72,030 |
Massachusetts | $70,090 |
Texas | $68,710 |
Maryland | $68,060 |
Missouri | $68,010 |
Florida | $67,760 |
North Dakota | $67,610 |
Kentucky | $67,450 |
Pennsylvania | $66,807 |
Hawaii | $66,666 |
Ohio | $64,770 |
Oregon | $64,610 |
Maine | $64,110 |
Virginia | $63,860 |
Wisconsin | $62,850 |
North Carolina | $62,360 |
Wyoming | $61,860 |
Iowa | $61,518 |
Oklahoma | $61,230 |
Colorado | $61,010 |
Nevada | $60,630 |
Washington | $60,540 |
Rhode Island | $60,460 |
California | $60,420 |
South Carolina | $60,250 |
Delaware | $60,140 |
Idaho | $59,677 |
South Dakota | $59,520 |
Vermont | $58,650 |
Montana | $57,840 |
Mississippi | $57,500 |
Indiana | $57,023 |
Alaska | $56,980 |
Arkansas | $55,514 |
Georgia | $54,690 |
Tennessee | $54,490 |
Alabama | $53,488 |
Arizona | $52,696 |
New Mexico | $51,460 |
West Virginia | $48,820 |
Louisiana | $48,230 |
Guam | $45,840 |
Utah | $45,470 |
Puerto Rico | $29,150 |
How do loan officer salaries compare to similar careers?
Loan officers earn about the same as related careers in Connecticut. On average, they make less than financial advisors but more than credit analysts.
Career | Median Salary |
---|---|
Financial advisor salary | $98K |
Investment fund manager salary | $118K |
Securities and commodities broker salary | $83K |
Stock trader salary | $83K |
Fundraising manager salary | $106K |
Loan officer salary | $89K |
Financial analyst salary | $92K |
Business analyst salary | $94K |
Statistician salary | $94K |
Credit analyst salary | $77K |
Source: CareerExplorer (Aggregated)