Loan Officer salary in Trenton-Princeton, NJ
Loan Officers in the Trenton-Princeton, NJ metro area earn a median of $90,430 a year ($43.48 an hour), based on BLS data for 330 workers.
Pay ranges from $55,580 for the lowest-paid 10% to $159,650 for the top 10%. That is 18% higher than the national median of $76,690. Pay here is 3% lower than the New Jersey statewide median of $92,920. There are 1.4 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.78). The average (mean) salary is $100,880, above the median because a few high earners pull it up.
Pay range for loan officers in Trenton-Princeton, NJ
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $55,580 | $26.72 |
| 25th percentile | $71,130 | $34.20 |
| Median | $90,430 | $43.48 |
| 75th percentile | $126,970 | $61.04 |
| 90th percentile (top earners) | $159,650 | $76.75 |
| Average (mean) | $100,880 | $48.50 |
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 | $7,535.83 |
| Semi-monthly (24 a year) | $3,767.92 |
| Biweekly (26 a year) | $3,478.08 |
| Weekly | $1,739.04 |
| Hourly | $43.48 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $90,430 salary, see how much house you can afford in New Jersey at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $101,570 | 10,350 |
| Atlantic City-Hammonton, NJ | $84,260 | 90 |
| Vineland, NJ | $78,540 | 50 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | $77,590 | 4,660 |
| Allentown-Bethlehem-Easton, PA-NJ | $66,480 | 290 |
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 |
See Loan Officer pay in every state or the New Jersey statewide figures.
Related jobs in Trenton-Princeton, NJ
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $99,550 | $47.86 |
| Personal Financial Advisor | $129,130 | $62.08 |
| Financial Specialists, All Other | $92,670 | $44.55 |
| Financial and Investment Analysts | $101,280 | $48.69 |
| Tax Examiners and Collectors, and Revenue Agents | $83,110 | $39.96 |
| Budget Analyst | $88,530 | $42.56 |
| Financial Examiner | $96,520 | $46.41 |
| Insurance Underwriter | $96,730 | $46.51 |
| Credit Analyst | $100,190 | $48.17 |
| Financial Risk Specialist | $124,340 | $59.78 |
| Property Appraisers and Assessors | $98,950 | $47.57 |
| Business Operations Specialists, All Other | $89,370 | $42.97 |
| Management Analyst | $102,020 | $49.05 |
| Compliance Officer | $87,970 | $42.29 |
More: Business and Financial Operations Occupations · all salaries in Trenton-Princeton, NJ
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 Trenton-Princeton, NJ?
The median salary for loan officers in the Trenton-Princeton, NJ metro area is $90,430 a year, or $43.48 an hour. Pay ranges from $55,580 for the lowest-paid 10% to $159,650 for the top 10%.
How much do the highest-paid loan officers make in Trenton-Princeton, NJ?
The top 10% of loan officers in the Trenton-Princeton, NJ metro area earn at least $159,650 a year. The top 25% earn $126,970 or more.
What is the starting pay for loan officers in Trenton-Princeton, NJ?
Entry-level pay (the 10th percentile) is about $55,580 a year, and a quarter of loan officers earn $71,130 or less.
How many loan officers work in Trenton-Princeton, NJ?
About 330 loan officers are employed in the Trenton-Princeton, NJ metro area, not counting the self-employed.