Based on the latest Bureau of Labor Statistics OEWS data — updated August 12, 2026.
| New Jersey | National | Difference | |
|---|---|---|---|
| Median annual salary | $92,920 | $75,854 | +22% |
| Median hourly wage | $44.67 | $36.47 | +22% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $85,404.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Loan Officer in New Jersey is $92,920, or about $44.67 per hour, according to BLS OEWS data.
The national median for Loan Officers is $75,854. New Jersey is +22% above the national median.
Entry-level loan officers in New Jersey typically earn from varies by experience depending on the city and employer.
With 6,200 loan officer jobs on record and a median salary of $92,920, New Jersey offers above-average pay compared to the rest of the country.