Loan Officers pay in New Jersey
The employment-weighted average of local median wages for Loan Officers in New Jersey is $93,434, based on 15,770 workers. Among the 8 states with published data, that ranks number 2. The BLS national median for the occupation is $76,690, so New Jersey averages 21.8% above it.
Published data for New Jersey currently covers the New York-Newark-Jersey City, NY-NJ area, with a local median wage of $101,570.
Cost of living for Loan Officers in New Jersey
We compare 12 New Jersey counties after federal, Social Security, Medicare and state taxes and the four basics: a one-bedroom rental, food, home energy and gasoline. Ocean County, NJ leaves the largest yearly margin, $46,080. Hudson County, NJ leaves the smallest, $38,076. The median wage covers all four basics in 12 of the 12 counties.
Loan Officers in other states
The states with the highest average local median wages for Loan Officers are New York ($95,206), California ($83,475), Illinois ($78,090) and Indiana ($75,601).
Frequently asked questions: Loan Officers in New Jersey
How much do Loan Officers earn in New Jersey?
The employment-weighted average of local median wages is $93,434.
Which New Jersey county is best for Loan Officers?
Ocean County, NJ leaves the largest yearly margin after taxes and the four basics ($46,080). Monmouth County, NJ follows at $46,080.