Loan Officer Salary in New York
Loan Officers in New York earn an average of $85,524 per year across 1 metro area. This is +22.2% higher than the national average.
Average Salary
$85,524
per year
Hourly Rate
$41.12
per hour
vs National
+22.2%
$69,990 national
Salary Range
$54,951
to $128,799
Cost of Living Adjusted Salary
Nominal Salary
$85,524
Cost of Living Index
123
100 = national average
Adjusted Salary
$69,532
purchasing power equivalent
After adjusting for New York's cost of living (above average), a Loan Officer's salary of $85,524 has the purchasing power of $69,532 in an average-cost area.
Loan Officer Salary by City in New York
| City | Median Salary | Hourly Rate | Entry Level (P10) | Senior (P90) | Employment |
|---|---|---|---|---|---|
| New York, NY | $85,524 | $41.12/hr | $54,951 | $128,799 | 491 |
Source: Bureau of Labor Statistics OEWS Survey, 2026. Sorted by median salary (highest first).
New York vs National Average
Loan Officer Salary Comparison
Employment in New York
There are approximately 491 Loan Officers employed across 1 metro area in New York.
Key Industries: Finance, Media & Entertainment, Technology
State Income Tax: 4% - 10.9%
Loan Officer Salary Range in New York
Entry Level (10th Percentile)
$54,951
Starting salary for new Loan Officers
Median (50th Percentile)
$85,524
Mid-career Loan Officer salary
Senior (90th Percentile)
$128,799
Top earners in the field
Related Occupations in New York
Loan Officer Salary in Neighboring States
Compare Loan Officer salaries in New York with nearby states to find the best opportunities.
More New York Data
Frequently Asked Questions
What is the average Loan Officer salary in New York?
The average Loan Officer salary in New York is $85,524 per year ($41.12/hour) based on 2026 data across 1 metro areas. This is 22.2% above the national average of $69,990.
What is the highest paying city for Loan Officers in New York?
New York, NY is the highest paying city for Loan Officers in New York, with a median salary of $85,524 per year.
What is the salary range for Loan Officers in New York?
Loan Officer salaries in New York range from $54,951 (entry-level, 10th percentile) to $128,799 (experienced, 90th percentile). The median salary is $85,524 per year.
About This Data
Salary data is sourced from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey. State-level averages are calculated from metro area data within New York. Figures represent 2026 estimates and may not reflect all employers or self-employed workers. Cost of living adjustments use regional indices to provide purchasing power context.