The annual salary statistics of loan officers in Bridgeport-Stamford-Norwalk, Connecticut is shown in Table 1. The wage statistics of loan officers in Bridgeport-Stamford-Norwalk is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $46,140 |
| 25th Percentile Wage | $62,100 |
| 50th Percentile Wage | $67,600 |
| 75th Percentile Wage | $81,140 |
| 90th Percentile Wage | $131,550 |
Table 1 shows the average annual salary for loan officers in Bridgeport-Stamford-Norwalk, Connecticut in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $131,550. The median (50th percentile) annual salary is $67,600. The average annual salary for the bottom 10 percent earners is $46,140.
The table and chart below show the trend of the median salary of loan officers from 2012 to 2022.
| Year | Median Salary | Yearly Growth | 10-Year Growth |
|---|---|---|---|
| 2022 | $67,600 | 6.12% | -2.47% |
| 2021 | $63,460 | 3.64% | - |
| 2020 | $61,150 | -24.51% | - |
| 2019 | $76,140 | -26.58% | - |
| 2018 | $96,380 | -7.74% | - |
| 2017 | $103,840 | 23.92% | - |
| 2016 | $79,000 | 9.70% | - |
| 2015 | $71,340 | -0.21% | - |
| 2014 | $71,490 | -5.13% | - |
| 2013 | $75,160 | 7.84% | - |
| 2012 | $69,270 | - | - |
From Table 3 we note that with a median annual salary of $67,600, Bridgeport-Stamford-Norwalk is the second highest paying city for loan officers in state of Connecticut, following the highest paying city Danbury (median annual salary of $75,900). Compared with Danbury, the median annual salary of loan officers in Bridgeport-Stamford-Norwalk is 10.9 percent (10.9%) lower.
| Cities/Areas | Median Annual Salary |
|---|---|
| Danbury | |
| Bridgeport-Stamford-Norwalk | |
| New Haven | |
| Hartford-West Hartford-East Hartford | |
| Northwestern Connecticut nonmetropolitan area | |
| Waterbury |