Loan Officers Salary in Southwest New York

BLS Occupational Employment & Wage Statistics • May 2025 • Southwest New York nonmetropolitan area

Median annual salary $61,470 -17.1% vs national
Median hourly $29.55
10th percentile $43,870
90th percentile $138,510
Employed locally 210
National median $74,180

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Loan Officers
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Southwest New York
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    Salary percentile breakdown

    10th
    $43,870
    25th
    $51,270
    50th (median)
    $61,470
    75th
    $92,580
    90th
    $138,510

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    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

    Related occupations in Southwest New York

    OccupationMedian salary
    Accountants and Auditors$78,520
    Project Management Specialists$104,170
    Human Resources Specialists$67,100
    Market Research Analysts and Marketing Specialists$64,960
    Compliance Officers$60,420
    Buyers and Purchasing Agents$67,490

    Frequently asked questions

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

    The median hourly wage for Loan Officers in Southwest New York is $29.55, based on BLS OEWS 2025 data. Top earners (90th percentile) make $64.89 or more per hour.

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

    The median Loan Officers salary in Southwest New York is 17.1% 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 Southwest New York?

    Entry-level Loan Officers (10th percentile) earn around $43,870 per year in Southwest New York. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $51,270.