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State of Connecticut (1Q 2020)
All Industry
Estimated employment2,170
Mean wage$40.65
Entry wage$20.95
10th percentile wage$18.69
50th percentile wage$34.49
90th percentile wage$77.63
 Top Employing Industries
 IndustryEmployment
Percent
Financial Activities1,89087.2%
Professional and Business Services2009.2%
Trade, Transportation,, and Utilities502.5%
Public Administration201.0%
 Best Paying Industries
 IndustryEmployment
Median Wage
Public Administration20$40.91
Trade, Transportation,, and Utilities50$36.64
Financial Activities1,890$34.32
Professional and Business Services200$34.26
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.
Median Wage History
YearThis
Occupation
Compared to
Occupational Group
Difference
Current$34.49 $37.74  -$3.24
2019$33.36+3.4%$36.50 +3.4%-$3.14
2018$32.50+2.6%$35.56 +2.6%-$3.06
2017$31.74+2.4%$34.73 +2.4%-$2.99
2016$31.00+2.4%$33.92 +2.4%-$2.92
2015$30.14+2.9%$32.98 +2.9%-$2.84
2014$29.43+2.4%$32.20 +2.4%-$2.77
2013$28.72+2.5%$31.42 +2.5%-$2.70
2012$28.25+1.7%$30.91 +1.7%-$2.66
2011$27.81+1.6%$30.43 +1.6%-$2.62
YearThis
Occupation
Compared to
All Occupations
Difference
Current$34.49 $23.93  $10.56
2019$33.36+3.4%$22.96 +4.2%$10.40
2018$32.50+2.6%$22.26 +3.1%$10.24
2017$31.74+2.4%$21.66 +2.8%$10.08
2016$31.00+2.4%$21.17 +2.3%$9.83
2015$30.14+2.9%$20.73 +2.1%$9.42
2014$29.43+2.4%$20.28 +2.2%$9.15
2013$28.72+2.5%$19.87 +2.1%$8.84
2012$28.25+1.7%$19.53 +1.7%$8.72
2011$27.81+1.6%$19.23 +1.6%$8.58

Reference Date: 1st Quarter 2020

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.
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