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South Central Workforce Investment Area (1Q 2015)
All Industry
Estimated employment320
Mean wage42.44
Entry wage20.21
10th percentile wage17.97
50th percentile wage36.70
90th percentile wage74.36
 Top Employing Industries
 IndustryEmployment % 
Financial Activities26082.3%
Trade, Transportation & Utilities
 Best Paying Industries
 IndustryEmploymentMedian
Wage
Trade, Transportation & Utilities93.09
Financial Activities26038.16
Loan Officers (13-2072)
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
Mean Wage History
YearThis OccupationCompared to
Occupational Group
Difference
Current$42.44 $35.47  $6.97
2014$42.20+.6%$35.27 +.6%$6.93
2013$41.20+2.4%$34.44 +2.4%$6.77
2012$40.20+2.5%$33.60 +2.5%$6.60
2011$39.55+1.7%$33.06 +1.7%$6.50
2010$38.93+1.6%$32.54 +1.6%$6.39
2009$38.11+2.2%$31.85 +2.2%$6.26
2008$37.83+.7%$31.62 +.7%$6.21
2007$36.66+3.2%$30.64 +3.2%$6.02
2006$35.46+3.4%$29.63 +3.4%$5.82
YearThis OccupationCompared to
All Occupations
Difference
Current$42.44 $25.99  $16.45
2014$42.20+.6%$25.78 +.8%$16.42
2013$41.20+2.4%$25.23 +2.2%$15.98
2012$40.20+2.5%$24.72 +2.1%$15.49
2011$39.55+1.7%$24.29 +1.7%$15.26
2010$38.93+1.6%$23.91 +1.6%$15.02
2009$38.11+2.2%$23.51 +1.7%$14.60
2008$37.83+.7%$23.19 +1.4%$14.64
2007$36.66+3.2%$22.60 +2.6%$14.06
2006$35.46+3.4%$21.88 +3.3%$13.58

Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.

Reference Date: 1st Quarter 2015

State of Connecticut Department of Labor Office of Research
200 Folly Brook Boulevard Wethersfield, CT 06109
Phone: 860-263-6285
Go to the Connecticut Department of Labor's Office of Research website

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Top Areas For This Occupation
Best Pay
South Central 42.44 320
Southwest 41.03 620
Northwest 38.22 200
North Central 34.53 770
Eastern 32.18 170
Highest Employment
North Central 34.53 770
Southwest 41.03 620
South Central 42.44 320
Northwest 38.22 200
Eastern 32.18 170
Wages in other areas