Average Loan Officers Salary in Atlantic City-Hammonton, NJ
The average salary for a Loan Officers in Atlantic City-Hammonton, NJ is $92,000. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $92,000 per year.
- Growth Trend: Salaries have shifted 37.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $169,250.
- Outlook: The current demand for Loan Officerss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Atlantic City-Hammonton, NJ economy.
Salary Overview
The average Loan Officers in Atlantic City-Hammonton, NJ earns+6.7%above the national average.
$44.2
$1,769
$7,667
Loan Officers Salary Trends (2020-2024)
Over the past 4 years, Loan Officers salaries in Atlantic City-Hammonton, NJ have experienced a rapid surge, growing by 37.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Loan Officers Salary Distribution in Atlantic City-Hammonton, NJ
The earning potential for Loan Officerss in Atlantic City-Hammonton, NJ varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $37,650, while highly experienced professionals can command wages upwards of $169,250.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $37,650 | $18.1 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $69,000 | $33.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $79,320 | $38.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $115,000 | $55.3 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $169,250 | $81.4 |
Detailed Loan Officers Market Analysis
Relocation Context
Nominal Salary
$92,000
Gross Pay
Real Wage (Purchasing Power)
$92,000
Adjusted for COL (100)
In Atlantic City-Hammonton, NJ, the Cost of Living Index is 100. This increases your effective purchasing power from $92,000 to $92,000.
Job Market Context
100
Total Jobs
0.574
Per 1K Jobs
0.3
Location Quotient
At 0.30x, Atlantic City-Hammonton, NJ has a notably lower concentration of Loan Officers jobs than the national average. Opportunities in this area are relatively scarce for this profession.
100 people work as Loan Officers in Atlantic City-Hammonton, NJ.
Only 0.574 out of every 1,000 local jobs are Loan Officers roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Loan Officers
| City | Salary | Dist. |
|---|---|---|
| Vineland, NJ Loan Officers Salary | $90,860↓ 1% | 30 mi |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Loan Officers Salary | $83,500↓ 9% | 55 mi |
| Sussex Delaware nonmetropolitan area Loan Officers Salary | $90,580↓ 2% | 56 mi |
| Dover, DE Loan Officers Salary | $78,320↓ 15% | 59 mi |
| Trenton-Princeton, NJ Loan Officers Salary | $94,960↑ 3% | 61 mi |
Comparing salaries near Atlantic City-Hammonton, NJ
Hiring Loan Officerss?
Frequently Asked Questions
How much does a Loan Officers make in Atlantic City-Hammonton, NJ?
The median annual salary for a Loan Officers in Atlantic City-Hammonton, NJ is $92,000. This typically ranges from $37,650 for entry-level positions to $169,250 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Atlantic City-Hammonton, NJ is 6.7% higher than the national median of $86,220.
Is Atlantic City-Hammonton, NJ a good place for Loan Officerss?
Yes, Atlantic City-Hammonton, NJ is financially attractive for Loan Officerss. The average salary of $92,000 exceeds the national average. See distinct detailed breakdown below.
Is Atlantic City-Hammonton, NJ a good place to live for Loan Officers?
The Cost of Living Index in Atlantic City-Hammonton, NJ is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Atlantic City-Hammonton, NJ?
Some top paying nearby cities include Vineland, NJ ($90,860) and Philadelphia-Camden-Wilmington, PA-NJ-DE-MD.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Atlantic City-Hammonton, NJ area with a job density of 0.574 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Loan Officers Salaries by State
Top Jobs in Atlantic City-Hammonton, NJ
- All Occupations Salary in Atlantic City-Hammonton, NJ
- Food Preparation and Serving Related Occupations Salary in Atlantic City-Hammonton, NJ
- Office and Administrative Support Occupations Salary in Atlantic City-Hammonton, NJ
- Sales and Related Occupations Salary in Atlantic City-Hammonton, NJ
- Transportation and Material Moving Occupations Salary in Atlantic City-Hammonton, NJ
- Educational Instruction and Library Occupations Salary in Atlantic City-Hammonton, NJ
- Healthcare Practitioners and Technical Occupations Salary in Atlantic City-Hammonton, NJ
- Personal Care and Service Occupations Salary in Atlantic City-Hammonton, NJ
- Building and Grounds Cleaning and Maintenance Occupations Salary in Atlantic City-Hammonton, NJ
- Management Occupations Salary in Atlantic City-Hammonton, NJ
- Browse All Jobs in Atlantic City-Hammonton, NJ →
Semantic Salary Analysis for Loan Officers • Data source: BLS OEWS 2024 •Jobs in Atlantic City-Hammonton, NJ