Business & Finance Bridgeport, CT Pop. 148,529

Loan Officer Salary in Bridgeport, Connecticut

The median loan officer salary in Bridgeport, CT is $76,258 per year, which is 16.0% above the national median and 3.3% below the Connecticut state average.

City Median
$76,258
vs State Avg
$-2,630
vs National
+$10,518
Cost of Living
108%

Loan Officer Salary in Bridgeport by Experience

In Bridgeport, an entry-level loan officer earns around $44,080, while experienced professionals earn up to $150,800 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$44,080
+$6,080 vs national
Mid Level (3-7 yrs)
$76,560
+$10,560 vs national
Senior Level (8+ yrs)
$150,800
+$20,800 vs national

Salary Percentiles in Bridgeport, CT

Percentile Bridgeport
10th Percentile $40,832
25th Percentile $52,664
Median (50th) $76,258
75th Percentile $116,000
90th Percentile $178,408

Loan Officer Salary in Other Connecticut Cities

Stamford, CT
$95,980
Pop. 135,470
New Haven, CT
$77,573
Pop. 134,023
Hartford, CT
$74,286
Pop. 121,054
Waterbury, CT
$69,684
Pop. 114,403

How to Become a Loan Officer in Bridgeport

Education

Most loan officer positions require a bachelor's degree. Bridgeport and the surrounding Connecticut area have institutions offering relevant programs.

Key Skills

Credit AnalysisMortgage LendingCustomer ServiceRegulatory ComplianceSalesFinancial Software

Job Outlook

Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Bridgeport may vary based on local industry and population growth.

Find Loan Officer Jobs in Bridgeport

Browse open loan officer positions in Bridgeport, CT:

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Frequently Asked Questions: Loan Officer Salary in Bridgeport

How much does a Loan Officer make in Bridgeport, CT? ▼
The median loan officer salary in Bridgeport, Connecticut is $76,258 per year, which is 16.0% above the national median of $65,740. Salaries range from $40,832 (10th percentile) to $178,408 (90th percentile).
How much does a Loan Officer make per hour in Bridgeport? ▼
Based on the median annual salary of $76,258, a loan officer in Bridgeport earns approximately $37 per hour assuming a standard 2,080-hour work year.
How does Bridgeport compare to the Connecticut state average for loan officer pay? ▼
Bridgeport's median loan officer salary of $76,258 is 3.3% below the Connecticut state average of $78,888. The local cost of living index is 108% of the national average.
What is the cost of living in Bridgeport, CT? ▼
Bridgeport has a cost of living index of 108% compared to the national average. This means a loan officer salary of $76,258 in Bridgeport has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a loan officer in Bridgeport? ▼
Most loan officer positions in Bridgeport require a bachelor's degree. Key skills include Credit Analysis, Mortgage Lending, Customer Service, Regulatory Compliance. The job market is projected to grow 3% nationally over the next decade.