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
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.