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State of Connecticut
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Estimated employment2,190
Mean wage36.53
Entry wage19.22
10th percentile wage16.57
50th percentile wage31.70
90th percentile wage65.23
 Top Employing Industries
 Industry Employment  Percent 
Financial Activities1,85084.6%
Professional and Business Services22010.2%
Trade, Transportation,, and Utilities904.2%
Public Adminsitration200.9%
 Best Paying Industries
 Industry Employment  Median Wage 
Trade, Transportation,, and Utilities9047.89
Public Adminsitration2039.05
Professional and Business Services22039.01
Financial Activities1,85035.66
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 OccupationCompared to Occupational Group  Difference 
Current$36.53 $38.88  -$2.34
2013$36.41+.3%$38.75 +.3%-$2.33
2012$35.53+2.5%$37.81 +2.5%-$2.28
2011$34.95+1.7%$37.20 +1.7%-$2.24
2010$34.41+1.6%$36.62 +1.6%-$2.21
2009$33.68+2.2%$35.84 +2.2%-$2.16
2008$33.43+.7%$35.58 +.7%-$2.14
2007$32.40+3.2%$34.48 +3.2%-$2.08
2006$31.34+3.4%$33.35 +3.4%-$2.01
2005$30.39+3.1%$32.35 +3.1%-$1.95
YearThis OccupationCompared to All Occupations  Difference 
Current$36.53 $26.43  $10.11
2013$36.41+.3%$26.36 +.3%$10.05
2012$35.53+2.5%$25.83 +2.1%$9.70
2011$34.95+1.7%$25.38 +1.7%$9.57
2010$34.41+1.6%$24.99 +1.6%$9.42
2009$33.68+2.2%$24.57 +1.7%$9.11
2008$33.43+.7%$24.23 +1.4%$9.20
2007$32.40+3.2%$23.61 +2.6%$8.79
2006$31.34+3.4%$22.86 +3.3%$8.48
2005$30.39+3.1%$22.15 +3.2%$8.24

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 percent of workers earn between this wage range, 10 percent earn less while 10 percent earn more.

Reference Date: 1st Quarter 2014
State of Connecticut, Department of Labor - Office of Research
200 Folly Brook Boulevard, Wethersfield, CT 06109 / Phone: 860-263-6000
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