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Loan Officer Salary in New York, NY

Updated

The median loan officer in the New York area earns $101,570 a year ($48.83 an hour), 32% above the U.S. median ($76,690) and 6% above the New York State median ($95,710). Half of the 10,350 loan officers there earn between $72,010 and $159,940.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Loan Officers, May 2025 (latest official data). Metro area: New York-Newark-Jersey City, NY-NJ.
Annual payNew York areaNew York StateU.S.
10th percentile$58,860$49,410$39,430
25th percentile$72,010$62,670$52,730
Median$101,570$95,710$76,690
75th percentile$159,940$148,890$104,080
90th percentile$208,610$211,350$153,180
Average$121,180$114,670$87,790
Jobs10,35010,840274,330

New York, NY ranks 4th of the 50 largest U.S. metro areas for loan officer pay. Highest: Boston, MA ($103,400).

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Sources

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.