Loan Officers in New Jersey
May 2025 wages · tax year 2026
You keep
$70,470
after federal, FICA and New Jersey tax
Tax takes
$22,450
24.2% of the whole
Worth, in national money
$64,721
New Jersey costs more than average
On that salary you would be around the 25th percentile for this work in New Jersey — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$92,920
Kept after tax
$70,470
Worth in national money
$64,721
State rank
7
of 51 states
What this pays, and what it is worth
- Pay for loan officers is strong here. New Jersey's middle earner gets $92,920, putting the state 7 of 51 — about 21.16% ahead of the national figure.
- Against other work in New Jersey, this sits in the middle: 126 of 490 occupations with published pay. Solidly ordinary for the state, which is not the same as ordinary nationally.
- New Jersey is an expensive state, and the adjusted figure shows it. From $92,920 the take-home is $70,470; in national-average money that behaves like $64,721. The average comes to $102,890, above the middle, thanks to the top of the range.
- For loan officers, New Jersey sits in the upper band nationally: a median of $92,920, ranking 7 of 51 and running about 21.16% above the national midpoint. Nominal advantage of this size is usually, though not always, large enough to survive the state's own tax and price levels.
- Loan officers ranks 126 of 490 occupations in New Jersey by median pay, in the middle bands. Within-state and national positions are separate measurements and a job commonly sits in different quartiles on each.
- Take-home for loan officers in New Jersey, on $92,920, is $70,470; deflated by the state's price level, $64,721. ⚠️ The deflator is statewide, so it understates the erosion in the state's metropolitan areas and overstates it outside them. At $102,890 the mean overshoots the median — the usual right-skewed shape.
Compare this career across states
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Pay band: Loan Officers
The state median for this job
| Lowest tenth earn under | $50,490 |
|---|---|
| Half earn under | $92,920 |
| Top tenth earn over | $169,280 |
| This salary | $92,920 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in New Jersey | $70,470 |
|---|---|
| Take-home in Texas | $74,199 |
| Once local prices are leveledBEA price parity | +$11,635 |
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $87,619 |
|---|---|
| You could take a cut of | −$16,072 |
| Prices in Texas | 97 vs 109 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- Treat $92,920 as a midpoint for New Jersey, not a promise. The tenth percentile is $50,490 and the ninetieth is $169,280 — a wide band, and where you land in it depends on far more than the state.
- In New Jersey the take-home figure of $70,470, from $92,920, assumes one filer, no dependants, and nothing paid into a pension before tax. Each of those lowers the bill, so treat it as the plain case. City and school-district income taxes are not included either, and in a few states those are real money. It ranks 126 of 490 occupations here.
- One number stands for prices across all of New Jersey, which is a simplification — big cities cost far more than small towns. Read $64,721, the adjusted value of that $92,920 median, as a way to compare states fairly, not as a quote for any particular place. The two datasets are also from different years. This job sits at 126 of 490 in the state.
- The New Jersey median of $92,920 describes the midpoint of a distribution spanning $50,490 to $169,280. Because that spread is typically larger than the interstate spread, a state median is a weak predictor for any individual worker in this occupation.
- Take-home for New Jersey is computed for a single filer taking the standard deduction with no dependants and no pre-tax contributions, giving $70,470 from $92,920. Each omitted item reduces taxable income, so the figure is a lower bound on retained pay for this household shape. Municipal and school-district income taxes are excluded, which understates the burden materially in Ohio, Pennsylvania and Maryland. The occupation ranks 126 of 490 locally.
- Price deflation uses one statewide parity for New Jersey, so $64,721 — the adjusted value of that $92,920 median — establishes comparability between states rather than accuracy within one. The wage and parity series are dated independently, each following its own publication cycle, and neither is projected forward. This occupation sits at 126 of 490 locally.
Questions people ask
Is this the average pay for the job?
Half earn more than this and half earn less. The average sits at $102,890 because a long tail of high pay lifts it, so the two answer different questions.
Why is the pay range for this job so wide?
One title, many jobs. The lowest tenth take $50,490, the highest tenth $169,280, and what separates them is experience, employer and what exactly the role does.
Does a bigger number here mean I am better off?
A larger wage in a dearer place is not automatically more. Adjusted for local prices, this pay behaves like $64,721 of national purchasing power.
Where does the difference between the wage and my paycheck go?
Into four separate taxes, not one. Federal income tax, Social Security and Medicare apply everywhere, and New Jersey adds its own income tax on top — which is why $70,470 of this wage survives to your account.
Can I compare this job across every state?
This occupation is published everywhere — all 51 of them — so comparing states measures real differences rather than gaps in the data.
How does the published median differ from the mean for this occupation?
The median is the midpoint of the distribution; the mean for this occupation in New Jersey is $102,890. Wage distributions are right-skewed, so the mean exceeds the median wherever a minority earn substantially more. BLS publishes both because substituting one for the other misstates a typical worker's pay.
What drives the percentile dispersion in this occupation?
Dispersion between the tenth percentile ($50,490) and the ninetieth ($169,280) exceeds the family median dispersion. SOC codes aggregate roles differing in seniority, industry and specialisation, and BLS does not disaggregate below the detailed occupation level, so within-title variance is not separable from the published series.
How does the state price level affect real compensation?
New Jersey's regional price parity sits above the national average, so nominal wages overstate purchasing power. Deflating take-home by the state price level gives $64,721 in national-average terms. ⚠️ RPPs are an all-items index; housing parities vary far more widely than the headline figure.
What accounts for the gap between gross wage and take-home here?
Take-home of $70,470 reflects federal income tax, OASDI, Medicare and New Jersey income tax for a single filer with no adjustments. The state layer is levied in addition to the federal one; only its rate and base differ between states.
Is this occupation's state coverage complete?
State-level estimates are published for all 51 jurisdictions for this occupation, so cross-state comparison is not confounded by suppression. ⚠️ Estimates remain survey-based and carry sampling error; small differences between adjacent states should not be over-read.