New Jersey ranks 3rd of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $7,110 — a 7% gap.
The 10th-to-90th percentile range runs from $38,880 to $164,030 — a $125,150 spread, 17% wider than the national $107,290 range.
Loan Officers are less concentrated in New Jersey than the U.S. average — a location quotient of 0.71 means the occupation's share of local jobs is 1.41× below the national share.
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $38,880 | $18.69 |
| 25th percentile | $63,070 | $30.32 |
| 50th percentile (median) | $95,090 | $45.72 |
| 75th percentile | $127,610 | $61.35 |
| 90th percentile (top earners) | $164,030 | $78.86 |
| Mean (average) | $100,160 | $48.15 |
How New Jersey Compares
| State | Median Annual | vs. New Jersey |
|---|---|---|
| New Jersey (current) | $95,090 | n/a |
| District of Columbia | $102,200 | +7% |
| New York | $98,940 | +4% |
| Massachusetts | $93,430 | -2% |
| Vermont | $86,490 | -9% |
| Minnesota | $84,480 | -11% |
| North Dakota | $82,990 | -13% |
| Kansas | $82,540 | -13% |
| Delaware | $80,760 | -15% |
Showing top-paying states with available data. View all states →
Related Occupations in New Jersey
| Occupation | Median Annual | Employment |
|---|---|---|
| Sheet Metal Workers | $94,310 | 1,690 |
| Logisticians | $93,710 | 5,940 |
| Securities, Commodities, and Financial Services Sales Agents | $96,470 | 16,940 |
| Compliance Officers | $93,520 | 12,000 |
| Insurance Underwriters | $93,500 | 3,170 |
| Surveyors | $93,260 | 950 |
Frequently Asked Questions
What is the average Loan Officers salary in New Jersey?
The mean loan officers salary in New Jersey is $100,160 per year. The median (middle) salary is $95,090 per year.
What is the starting salary for a Loan Officers in New Jersey?
Entry-level loan officerss (10th percentile) in New Jersey typically earn around $38,880 per year. Workers at the 25th percentile earn approximately $63,070 per year.
What is the highest Loan Officers salary in New Jersey?
Top earners (90th percentile) in this occupation in New Jersey make approximately $164,030 per year. Those in the 75th percentile earn around $127,610 per year.
How does the New Jersey Loan Officers salary compare to the national average?
The median loan officers salary in New Jersey is $95,090, which is +28% above national average of $74,180.