Loan Officers Salary in Elmira, NY

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

Median annual salary $106,430 +43.5% vs national
Median hourly $51.17
10th percentile $45,900
90th percentile $224,990
Employed locally 40
National median $74,180

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Loan Officers
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Elmira, NY
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    Salary percentile breakdown

    10th
    $45,900
    25th
    $52,090
    50th (median)
    $106,430
    75th
    $207,660
    90th
    $224,990

    Elmira economic context

    Unemployment rate 3.80% 2024 annual avg • BLS LAUS
    Median household income $63,469 2023 • Census ACS
    Loan Officers salary vs area income 168% Median Loan Officers salary is 68% above the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000
    Salinas, CA $95,960

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    New York-Newark-Jersey City, NY-NJ $102,540
    San Jose-Sunnyvale-Santa Clara, CA $81,990
    Albany-Schenectady-Troy, NY $79,620
    Buffalo-Cheektowaga, NY $79,450
    Kiryas Joel-Poughkeepsie-Newburgh, NY $78,420
    Kingston, NY $77,980

    Related occupations in Elmira, NY

    OccupationMedian salary
    Accountants and Auditors $77,500
    Project Management Specialists $103,490
    Buyers and Purchasing Agents $66,040
    Human Resources Specialists $66,550
    Market Research Analysts and Marketing Specialists $50,330
    Training and Development Specialists $62,500

    Frequently asked questions

    How much do Loan Officers make per hour in Elmira?

    The median hourly wage for Loan Officers in Elmira, NY is $51.17, based on BLS OEWS 2025 data. Top earners (90th percentile) make $126.15 or more per hour.

    Is Elmira above or below average for Loan Officers salaries?

    The median Loan Officers salary in Elmira, NY is 43.5% above 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 Elmira?

    Entry-level Loan Officers (10th percentile) earn around $45,900 per year in Elmira, NY. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $52,090.