Loan Officer Salary in Jersey City, New Jersey
The median loan officer salary in Jersey City, NJ is $89,406 per year, which is 36.0% above the national median and 10.6% above the New Jersey state average.
Loan Officer Pay in Jersey City: What to Expect (2026)
Jersey City offers a median loan officer salary of $89,406, which is $8,546 above the New Jersey state average of $80,860. Compared to the national median of $65,740, Jersey City pays above average for this role.
However, Jersey City's cost of living index is 128%, significantly above the national average. After adjusting for local costs, the $89,406 salary has an effective purchasing power of approximately $69,848. Housing, transportation, and food costs in Jersey City should be factored into any relocation or job-change decision.
The salary range for loan officers in Jersey City spans from $47,872 at the 10th percentile to $209,168 at the 90th percentile — a $161,296 spread. Entry-level professionals start around $51,680, while senior loan officers with 8+ years of experience can earn up to $176,800. With a population of 292,449, Jersey City is a mid-sized metro with a growing job market.
Loan Officer Salary in Jersey City by Experience
In Jersey City, an entry-level loan officer earns around $51,680, while experienced professionals earn up to $176,800 per year. The local cost of living index is 128% of the national average.
Salary Percentiles in Jersey City, NJ
| Percentile | Jersey City |
|---|---|
| 10th Percentile | $47,872 |
| 25th Percentile | $61,744 |
| Median (50th) | $89,406 |
| 75th Percentile | $136,000 |
| 90th Percentile | $209,168 |
Loan Officer Salary in Other New Jersey Cities
How to Become a Loan Officer in Jersey City
Education
Most loan officer positions require a bachelor's degree. Jersey City 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 Jersey City may vary based on local industry and population growth.
Find Loan Officer Jobs in Jersey City
Browse open loan officer positions in Jersey City, NJ: