Loan Officers Salary in Binghamton, NY

BLS Occupational Employment & Wage Statistics • May 2025 • Binghamton, NY

Median annual salary $72,030 -2.9% vs national
Median hourly $34.63
10th percentile $49,000
90th percentile $170,980
Employed locally 100
National median $74,180

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Loan Officers
in
Binghamton, NY
vs

    Salary percentile breakdown

    10th
    $49,000
    25th
    $54,010
    50th (median)
    $72,030
    75th
    $155,750
    90th
    $170,980

    Binghamton economic context

    Unemployment rate 3.90% 2024 annual avg • BLS LAUS
    Median household income $63,347 2023 • Census ACS
    Loan Officers salary vs area income 114% Median Loan Officers salary is 14% above the area median household income

    Frequently asked questions

    How much do Loan Officers make per hour in Binghamton?

    The median hourly wage for Loan Officers in Binghamton, NY is $34.63, based on BLS OEWS 2025 data. Top earners (90th percentile) make $78.85 or more per hour.

    Is Binghamton above or below average for Loan Officers salaries?

    The median Loan Officers salary in Binghamton, NY is 2.9% below the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Binghamton?

    Entry-level Loan Officers (10th percentile) earn around $49,000 per year in Binghamton, NY. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $54,010.