Loan Officer salary in Waterbury-Shelton, CT
Loan Officers in the Waterbury-Shelton, CT metro area earn a median of $95,530 a year ($45.93 an hour), based on BLS data for 130 workers.
Pay ranges from $48,970 for the lowest-paid 10% to $165,410 for the top 10%. That is 25% higher than the national median of $76,690. Pay here is about the same as the Connecticut statewide median of $95,730. There are 0.80 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.45). The average (mean) salary is $101,320, above the median because a few high earners pull it up.
Pay range for loan officers in Waterbury-Shelton, CT
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $48,970 | $23.54 |
| 25th percentile | $66,180 | $31.82 |
| Median | $95,530 | $45.93 |
| 75th percentile | $108,750 | $52.29 |
| 90th percentile (top earners) | $165,410 | $79.52 |
| Average (mean) | $101,320 | $48.71 |
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 | $7,960.83 |
| Semi-monthly (24 a year) | $3,980.42 |
| Biweekly (26 a year) | $3,674.23 |
| Weekly | $1,837.12 |
| Hourly | $45.93 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $95,530 salary, see how much house you can afford in Connecticut 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 |
|---|---|---|
| Bridgeport-Stamford-Danbury, CT | $103,850 | 560 |
| New Haven, CT | $98,930 | 230 |
| Norwich-New London-Willimantic, CT | $96,500 | 70 |
| Hartford-West Hartford-East Hartford, CT | $83,160 | 920 |
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 Connecticut statewide figures.
Related jobs in Waterbury-Shelton, CT
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $93,010 | $44.71 |
| Financial and Investment Analysts | $103,390 | $49.71 |
| Personal Financial Advisor | $123,570 | $59.41 |
| Financial Specialists, All Other | $91,430 | $43.96 |
| Tax Preparer | $35,740 | $17.18 |
| Property Appraisers and Assessors | $82,430 | $39.63 |
| Tax Examiners and Collectors, and Revenue Agents | $86,060 | $41.37 |
| Insurance Underwriter | $102,030 | $49.05 |
| Credit Analyst | $79,220 | $38.09 |
| Market Research Analysts and Marketing Specialists | $72,070 | $34.65 |
| Human Resources Specialist | $79,850 | $38.39 |
| Project Management Specialist | $99,990 | $48.07 |
| Buyers and Purchasing Agents | $76,450 | $36.76 |
| Business Operations Specialists, All Other | $81,330 | $39.10 |
More: Business and Financial Operations Occupations · all salaries in Waterbury-Shelton, CT
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 Waterbury-Shelton, CT?
The median salary for loan officers in the Waterbury-Shelton, CT metro area is $95,530 a year, or $45.93 an hour. Pay ranges from $48,970 for the lowest-paid 10% to $165,410 for the top 10%.
How much do the highest-paid loan officers make in Waterbury-Shelton, CT?
The top 10% of loan officers in the Waterbury-Shelton, CT metro area earn at least $165,410 a year. The top 25% earn $108,750 or more.
What is the starting pay for loan officers in Waterbury-Shelton, CT?
Entry-level pay (the 10th percentile) is about $48,970 a year, and a quarter of loan officers earn $66,180 or less.
How many loan officers work in Waterbury-Shelton, CT?
About 130 loan officers are employed in the Waterbury-Shelton, CT metro area, not counting the self-employed.