2024 Salary Data

Loan Officers Salary in New Jersey

Loan Officerss in New Jersey earn a median salary of $95,090 per year, which is 28.2% higher than the national median.

Median Salary

$95,090

28.2%vs national

Entry Level

$38,880

10th percentile

Experienced

$164,030

90th percentile

Employed

5,690

in New Jersey

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Loan Officerss Make in New Jersey?

According to the Bureau of Labor Statistics, Loan Officerss in the New Jersey metropolitan area earn a median annual salary of $95,090. The salary range varies significantly based on experience, with entry-level positions starting around $38,880 and experienced professionals earning up to $164,030 or more.

Entry Level

0-2 years experience

$38,880 - $63,070

Mid Career

2-8 years experience

$63,070 - $127,610

Senior Level

8+ years experience

$127,610 - $164,030

New Jersey vs National Average

New Jersey$95,090
National Average$74,180

Loan Officerss in New Jersey earn 28.2% more than the national median of $74,180.

Frequently Asked Questions

What is the average salary for a Loan Officers in New Jersey?
The median annual salary for Loan Officers in New Jersey is $95,090, according to Bureau of Labor Statistics data from 2024. This is 28.2% higher than the national median.
What is the starting salary for Loan Officers in New Jersey?
Entry-level Loan Officers positions in New Jersey typically start around $38,880 to $63,070 annually (10th to 25th percentile).
How much can experienced Loan Officerss make in New Jersey?
Experienced Loan Officerss in New Jersey can earn $127,610 to $164,030 annually (75th to 90th percentile).
How does Loan Officers salary in New Jersey compare to the national average?
Loan Officerss in New Jersey earn 28.2% more than the national median of $74,180.

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