Business & Finance Hartford, CT
Pop. 121,054
Loan Officer Salary in Hartford, Connecticut
The median loan officer salary in Hartford, CT is $74,286 per year, which is 13.0% above the national median and 5.8% below the Connecticut state average.
City Median
$74,286
vs State Avg
$-4,602
vs National
+$8,546
Cost of Living
105%
Loan Officer Salary in Hartford by Experience
In Hartford, an entry-level loan officer earns around $42,940, while experienced professionals earn up to $146,900 per year. The local cost of living index is 105% of the national average.
Entry Level (0-2 yrs)
$42,940
+$4,940 vs national
Mid Level (3-7 yrs)
$74,580
+$8,580 vs national
Senior Level (8+ yrs)
$146,900
+$16,900 vs national
Salary Percentiles in Hartford, CT
| Percentile | Hartford |
|---|---|
| 10th Percentile | $39,776 |
| 25th Percentile | $51,302 |
| Median (50th) | $74,286 |
| 75th Percentile | $113,000 |
| 90th Percentile | $173,794 |
Loan Officer Salary in Other Connecticut Cities
How to Become a Loan Officer in Hartford
Education
Most loan officer positions require a bachelor's degree. Hartford 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 Hartford may vary based on local industry and population growth.