State comparison · 2025
Loan Officers salary: Connecticut vs Michigan
Loan Officers in Connecticut earn a median of $95,730. In Michigan, $74,470. After cost-of-living, the gap is 19.4% — not 28.5%.
Nominal pay gap
+28.5%
Connecticut vs Michigan
COL-adjusted gap
+19.4%
After BEA Regional Price Parities
Connecticut
Loan Officers
- Median
- $95,730
- p25
- $63,790
- p75
- $121,360
- p10
- $50,300
- p90
- $171,280
- COL index (BEA RPP)100 = US average
- 103.6
Michigan
Loan Officers
- Median
- $74,470
- p25
- $50,280
- p75
- $101,150
- p10
- $36,830
- p90
- $135,700
- COL index (BEA RPP)100 = US average
- 96.2
BLS Occupational Employment and Wage Statistics, May 2025. Cost-of-living adjustment from BEA Regional Price Parities (overall index). Hiring velocity from DOL OFLC public disclosure data, recent 180 days vs prior. See methodology.