Loan Officer salary in Connecticut
Loan Officers in Connecticut earn a median of $95,730 a year ($46.03 an hour), based on BLS data for 2,220 workers.
Pay ranges from $50,300 for the lowest-paid 10% to $171,280 for the top 10%. That is 25% higher than the national median of $76,690. Connecticut ranks 2nd of 51 states for loan officers pay, one of the best-paying states for this job. There are 1.3 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.74). The average (mean) salary is $101,710, above the median because a few high earners pull it up.
Pay range for loan officers in Connecticut
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $50,300 | $24.18 |
| 25th percentile | $63,790 | $30.67 |
| Median | $95,730 | $46.03 |
| 75th percentile | $121,360 | $58.35 |
| 90th percentile (top earners) | $171,280 | $82.35 |
| Average (mean) | $101,710 | $48.90 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $7,977.50 |
| Semi-monthly (24 a year) | $3,988.75 |
| Biweekly (26 a year) | $3,681.92 |
| Weekly | $1,840.96 |
| Hourly | $46.03 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in cities in Connecticut
| Metro area | Median salary | Workers |
|---|---|---|
| Bridgeport-Stamford-Danbury, CT | $103,850 | 560 |
| New Haven, CT | $98,930 | 230 |
| Norwich-New London-Willimantic, CT | $96,500 | 70 |
| Waterbury-Shelton, CT | $95,530 | 130 |
| Hartford-West Hartford-East Hartford, CT | $83,160 | 920 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
Related jobs in Connecticut
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $97,550 | $46.90 |
| Insurance Underwriter | $100,690 | $48.41 |
| Budget Analyst | $95,440 | $45.88 |
| Tax Examiners and Collectors, and Revenue Agents | $89,140 | $42.86 |
| Tax Preparer | $41,130 | $19.77 |
| Financial Risk Specialist | $113,990 | $54.80 |
| Property Appraisers and Assessors | $86,050 | $41.37 |
| Credit Analyst | $98,230 | $47.23 |
| Credit Counselor | $54,710 | $26.30 |
| Financial and Investment Analysts | $109,500 | $52.65 |
| Financial Examiner | $120,530 | $57.95 |
| Personal Financial Advisor | $129,720 | $62.36 |
| Market Research Analysts and Marketing Specialists | $77,740 | $37.38 |
| Human Resources Specialist | $82,890 | $39.85 |
More: Business and Financial Operations Occupations · all salaries in Connecticut
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Connecticut?
The median salary for loan officers in Connecticut is $95,730 a year, or $46.03 an hour. Pay ranges from $50,300 for the lowest-paid 10% to $171,280 for the top 10%.
How much do the highest-paid loan officers make in Connecticut?
The top 10% of loan officers in Connecticut earn at least $171,280 a year. The top 25% earn $121,360 or more.
What is the starting pay for loan officers in Connecticut?
Entry-level pay (the 10th percentile) is about $50,300 a year, and a quarter of loan officers earn $63,790 or less.
How many loan officers work in Connecticut?
About 2,220 loan officers are employed in Connecticut, not counting the self-employed.