Loan Officers Salary in Utica, NY

BLS Occupational Employment & Wage Statistics • May 2025 • Utica-Rome, NY

Median annual salary $58,370 -21.3% vs national
Median hourly $28.06
10th percentile $40,830
90th percentile $135,030
Employed locally 150
National median $74,180

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Loan Officers
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Utica, NY
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    Salary percentile breakdown

    10th
    $40,830
    25th
    $47,820
    50th (median)
    $58,370
    75th
    $91,630
    90th
    $135,030

    Utica economic context

    Unemployment rate 3.80% 2024 annual avg • BLS LAUS
    Median household income $68,830 2023 • Census ACS
    Loan Officers salary vs area income 85% Median Loan Officers salary is 15% below the area median household income

    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

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    Elmira, NY $106,430
    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

    Related occupations in Utica, NY

    OccupationMedian salary
    Accountants and Auditors $76,730
    Human Resources Specialists $64,680
    Market Research Analysts and Marketing Specialists $60,470
    Project Management Specialists $96,770
    Buyers and Purchasing Agents $72,710
    Management Analysts $81,760

    Frequently asked questions

    How much do Loan Officers make per hour in Utica?

    The median hourly wage for Loan Officers in Utica, NY is $28.06, based on BLS OEWS 2025 data. Top earners (90th percentile) make $65.25 or more per hour.

    Is Utica above or below average for Loan Officers salaries?

    The median Loan Officers salary in Utica, NY is 21.3% 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 Utica?

    Entry-level Loan Officers (10th percentile) earn around $40,830 per year in Utica, NY. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $47,820.