Loan Officer Salary in New Jersey
Median annual pay in New Jersey
$92,920
$44.67/hour
BLS OEWS, May 2025
Adjusted for cost of living in New Jersey
$85,400
Regional Price Parity: 108.805 (U.S. = 100)
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Difference from the U.S. median ($76,690): +$16,230 (+21.2%)
New Jersey ranks 7th of 51 states by median pay, and 14th of 51 after adjusting for cost of living.
Pay
| Annual | Hourly | |
|---|---|---|
| 10th percentile | $50,490 | $24.27 |
| 25th percentile | $62,740 | $30.16 |
| Median | $92,920 | $44.67 |
| 75th percentile | $131,870 | $63.40 |
| 90th percentile | $169,280 | $81.38 |
Employment
- Employment in New Jersey
- 6,200
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Comparison
Compared with the U.S.
- Median annual pay in New Jersey
- $92,920
- Median annual pay in the U.S.
- $76,690
- Difference
- +$16,230 (+21.2%)
Cost of living
$92,920 ÷ 108.805 × 100 = $85,400
Wages: BLS OEWS, May 2025. Cost of living: BEA Regional Price Parities, 2024.
Ranking
| Rank | Median annual pay | Adjusted for cost of living (annual) |
|---|---|---|
| Colorado | ||
| 5th | $94,520 | $91,721 7th |
| Oregon | ||
| 6th | $94,440 | $91,369 8th |
| New Jersey This page | ||
| 7th | $92,920 | $85,400 14th |
| District of Columbia | ||
| 8th | $92,890 | $84,522 15th |
| Vermont | ||
| 9th | $88,710 | $90,559 9th |
Similar occupations
Related occupations from O*NET, in O*NET's order, with their BLS median pay. Each figure shows the place it is for.
- Credit Counselor salary in the U.S.
$52,230/year U.S.
- Credit Analyst salary in the U.S.
$83,510/year U.S.
- Personal Financial Advisor salary in the U.S.
$105,070/year U.S.
- Securities, Commodities, and Financial Services Sales Agent salary in the U.S.
$78,660/year U.S.
- Financial Manager salary in the U.S.
$166,570/year U.S.
- Brokerage Clerk salary in the U.S.
$65,750/year U.S.
Outlook
- Projected employment change, 2025–35 (U.S.)
- +1.1%
- Typical education needed for entry (U.S.)
- Bachelor's degree
BLS publishes employment projections only for the U.S. as a whole. BLS Employment Projections, 2025–35
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Loan Officer salary in nearby places
- Loan Officer salary in Delaware
$83,130/year Delaware
- Loan Officer salary in New York
$95,710/year New York
- Loan Officer salary in Pennsylvania
$69,300/year Pennsylvania
- Loan Officer salary in the U.S.
$76,690/year U.S.
Sources and update
- Wages and employment: BLS Occupational Employment and Wage Statistics (OEWS), May 2025.
- Cost of living: BEA Regional Price Parities, 2024.
- Related occupations: O*NET® 31.0 Database, CC BY 4.0. Attributions
- Employment projections and typical education: BLS Employment Projections, 2025–35.
- Neighboring states: U.S. Census Bureau, County Adjacency File, 2024.
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