Loan Officer Salary in Connecticut
Based on 2K+ workers in Connecticut
Median Annual Salary (CT)
$95,730
$46.02/hr
vs National Average
$76,354
+25.4% vs national median
Salary Range (10th–90th)
$50K – $171K
2K employed in Connecticut
Loan Officer salary in Connecticut averages $95,730 per year, placing the state well above the national average at 25% higher. With approximately 2,220 loan officers employed throughout Connecticut, this position represents a solid career opportunity in the financial services sector. Salaries in this field range from $50,300 to $171,280 annually, reflecting significant variation based on individual circumstances and career progression.
Several factors influence Loan Officer salary in Connecticut, including years of experience, employer size, and specialization within lending. Professionals working for larger financial institutions or in competitive urban markets like Hartford and Stamford typically earn higher compensation. Educational credentials, professional certifications, and track record with loan volume also play important roles in determining individual earning potential within the state.
Salary Distribution — Loan Officer in Connecticut
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $50,300 |
| 25th percentile | $63,790 |
| Median (50th percentile) | $95,730 |
| 75th percentile | $121,360 |
| 90th percentile | $171,280 |
Top-Paying Industries for Loan Officer (U.S.)
Which industries pay Loan Officers the most — nationwide figures (industry-level data is not available by state). Loan Officers in Connecticut tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Retail Trade | $103,260 | 12K |
| Real Estate and Rental and Leasing | $84,090 | 3K |
| Government (excl. schools, hospitals & USPS) | $81,330 | 6K |
| Management of Companies and Enterprises | $79,570 | 12K |
| Other Services (except Public Administration) | $77,140 | 560 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Loan Officer in Connecticut vs National
| Year | Median Salary (Connecticut) |
|---|---|
| 2022 | $65,450 |
| 2023 | $71,440 |
| 2024 | $77,580 |
| 2025 | $95,730 |
| 2026 (projected) | $101,474 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Connecticut Median | National Median |
|---|---|---|
| 2022 | $65,450 | $68,453 |
| 2023 | $71,440 | $70,692 |
| 2024 | $77,580 | $73,485 |
| 2025 | $95,730 | $76,354 |
| 2026 (projected) | $101,474 | $80,935 |
Loan Officer Salary by Experience Level in Connecticut
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $63,790 |
| Mid-level | 3-5 yrs | $95,730 |
| Senior | 6-9 yrs | $121,360 |
| Staff / Lead | 10+ yrs | $171,280 |
Loan Officer Salary in Other States
Related Loan Officer Salaries in Connecticut
How other high-demand occupations in Connecticut compare to Loan Officer ($95,730 median).
| Occupation | Median Salary | vs Loan Officer | Hourly |
|---|---|---|---|
| Financial Manager in CT | $174,830 | +82.6% | $84.05/hr |
| Actuary in CT | $166,800 | +74.2% | $80.19/hr |
| Personal Financial Advisor in CT | $129,720 | +35.5% | $62.37/hr |
| Financial Examiner in CT | $120,530 | +25.9% | $57.95/hr |
| Financial Analyst in CT | $109,500 | +14.4% | $52.64/hr |
| Economist in CT | $101,400 | +5.9% | $48.75/hr |
| Securities Sales Agent in CT | $98,560 | +3.0% | $47.38/hr |
| Credit Analyst in CT | $98,230 | +2.6% | $47.23/hr |
| Accountant in CT | $97,550 | +1.9% | $46.90/hr |
| Budget Analyst in CT | $95,440 | -0.3% | $45.88/hr |
| Compliance Officer in CT | $91,810 | -4.1% | $44.14/hr |
| Insurance Sales Agent in CT | $74,840 | -21.8% | $35.98/hr |
Frequently Asked Questions
How much do loan officers make in Connecticut?
- The median salary for loan officers in Connecticut is $95,730 per year, or approximately $46 per hour. This is 25.4% higher than the national average for this position.
What is the salary range for loan officers in Connecticut?
- Loan officer salaries in Connecticut range from $50,300 at the lower end to $171,280 at the higher end, reflecting differences in experience, employer, and specialization.
How many loan officers work in Connecticut?
- There are approximately 2,220 loan officers currently employed in Connecticut, representing a significant portion of the state's financial services workforce.
Is the loan officer salary in Connecticut above the national average?
- Yes, Connecticut's median loan officer salary of $95,730 per year is 25.4% higher than the national average, making it an above-average pay location for this career.