Loan Officers Salary in Watertown, NY

BLS Occupational Employment & Wage Statistics • May 2025 • Watertown-Fort Drum, NY

Median annual salary $75,010 +1.1% vs national
Median hourly $36.06
10th percentile $38,480
90th percentile $209,990
Employed locally 60
National median $74,180

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Loan Officers
in
Watertown, NY
vs

    Salary percentile breakdown

    10th
    $38,480
    25th
    $52,680
    50th (median)
    $75,010
    75th
    $104,120
    90th
    $209,990

    Watertown economic context

    Unemployment rate 4.40% 2024 annual avg • BLS LAUS
    Median household income $64,978 2023 • Census ACS
    Loan Officers salary vs area income 115% Median Loan Officers salary is 15% above 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 Watertown, NY

    OccupationMedian salary
    Business Operations Specialists, All Other $77,940
    Compliance Officers $89,860
    Accountants and Auditors $76,050
    Human Resources Specialists $72,730
    Project Management Specialists $78,720
    Management Analysts $82,220

    Frequently asked questions

    How much do Loan Officers make per hour in Watertown?

    The median hourly wage for Loan Officers in Watertown, NY is $36.06, based on BLS OEWS 2025 data. Top earners (90th percentile) make $82.96 or more per hour.

    Is Watertown above or below average for Loan Officers salaries?

    The median Loan Officers salary in Watertown, NY is 1.1% 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 Watertown?

    Entry-level Loan Officers (10th percentile) earn around $38,480 per year in Watertown, NY. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $52,680.