Loan Officer Salary in Edison, New Jersey
The median loan officer salary in Edison, NJ is $80,860 per year, which is 23.0% above the national median and 0.0% above the New Jersey state average.
Loan Officer Pay in Edison: What to Expect (2026)
Edison offers a median loan officer salary of $80,860, which is $0 above the New Jersey state average of $80,860. Compared to the national median of $65,740, Edison pays above average for this role.
However, Edison's cost of living index is 115%, significantly above the national average. After adjusting for local costs, the $80,860 salary has an effective purchasing power of approximately $70,313. Housing, transportation, and food costs in Edison should be factored into any relocation or job-change decision.
The salary range for loan officers in Edison spans from $43,296 at the 10th percentile to $189,174 at the 90th percentile — a $145,878 spread. Entry-level professionals start around $46,740, while senior loan officers with 8+ years of experience can earn up to $159,900. With a population of 107,588, Edison is a mid-sized metro with a growing job market.
Loan Officer Salary in Edison by Experience
In Edison, an entry-level loan officer earns around $46,740, while experienced professionals earn up to $159,900 per year. The local cost of living index is 115% of the national average.
Salary Percentiles in Edison, NJ
| Percentile | Edison |
|---|---|
| 10th Percentile | $43,296 |
| 25th Percentile | $55,842 |
| Median (50th) | $80,860 |
| 75th Percentile | $123,000 |
| 90th Percentile | $189,174 |
Loan Officer Salary in Other New Jersey Cities
How to Become a Loan Officer in Edison
Education
Most loan officer positions require a bachelor's degree. Edison and the surrounding New Jersey area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Edison may vary based on local industry and population growth.
Find Loan Officer Jobs in Edison
Browse open loan officer positions in Edison, NJ: