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Northwest Workforce Investment Area (1Q 2015)
All Industry
Estimated employment200
Mean wage38.22
Entry wage21.36
10th percentile wage16.95
50th percentile wage31.53
90th percentile wage62.82
 Top Employing Industries
 IndustryEmployment % 
Financial Activities18085.9%
Professional & Business Services
 Best Paying Industries
 IndustryEmploymentMedian
Wage
Professional & Business Services39.10
Financial Activities18036.96
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$38.22 $35.41  $2.81
2014$38.00+.6%$35.21 +.6%$2.79
2013$37.10+2.4%$34.38 +2.4%$2.73
2012$36.21+2.5%$33.54 +2.5%$2.66
2011$35.62+1.7%$33.00 +1.7%$2.62
2010$35.06+1.6%$32.48 +1.6%$2.58
2009$34.32+2.2%$31.79 +2.2%$2.52
2008$34.07+.7%$31.56 +.7%$2.50
2007$33.02+3.2%$30.59 +3.2%$2.43
2006$31.93+3.4%$29.58 +3.4%$2.35
YearThis OccupationCompared to
All Occupations		Difference
Current$38.22 $24.50  $13.72
2014$38.00+.6%$24.30 +.8%$13.70
2013$37.10+2.4%$23.78 +2.2%$13.32
2012$36.21+2.5%$23.30 +2.1%$12.91
2011$35.62+1.7%$22.90 +1.7%$12.72
2010$35.06+1.6%$22.54 +1.6%$12.52
2009$34.32+2.2%$22.16 +1.7%$12.16
2008$34.07+.7%$21.86 +1.4%$12.21
2007$33.02+3.2%$21.30 +2.6%$11.71
2006$31.93+3.4%$20.62 +3.3%$11.31

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