Loan Officers Salary in New York, NY-NJ

BLS Occupational Employment & Wage Statistics • May 2025 • New York-Newark-Jersey City, NY-NJ

Median annual salary $102,540 +38.2% vs national
Median hourly $49.30
10th percentile $49,690
90th percentile $216,810
Employed locally 11,250
National median $74,180

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Type a city below to see how New York, NY-NJ stacks up on salary and cost of living.

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Loan Officers
in
New York, NY-NJ
vs

    Salary percentile breakdown

    10th
    $49,690
    25th
    $72,680
    50th (median)
    $102,540
    75th
    $162,570
    90th
    $216,810

    New York economic context

    Unemployment rate 4.50% 2024 annual avg • BLS LAUS
    Median household income $97,334 2023 • Census ACS
    Loan Officers salary vs area income 105% Median Loan Officers salary is 5% above the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    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
    Elmira, NY $106,430
    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 New York, NY-NJ

    OccupationMedian salary
    Accountants and Auditors $105,100
    Market Research Analysts and Marketing Specialists $97,360
    Project Management Specialists $121,680
    Management Analysts $110,950
    Human Resources Specialists $83,060
    Financial and Investment Analysts $128,490

    Frequently asked questions

    How much do Loan Officers make per hour in New York?

    The median hourly wage for Loan Officers in New York, NY-NJ is $49.30, based on BLS OEWS 2025 data. Top earners (90th percentile) make $100.29 or more per hour.

    Is New York above or below average for Loan Officers salaries?

    The median Loan Officers salary in New York, NY-NJ is 38.2% 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 New York?

    Entry-level Loan Officers (10th percentile) earn around $49,690 per year in New York, NY-NJ. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $72,680.