New York ranks 2nd of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $3,260 — a 3% gap.
The 10th-to-90th percentile range runs from $49,240 to $217,490 — a $168,250 spread, 57% wider than the national $107,290 range.
Loan Officers are less concentrated in New York than the U.S. average — a location quotient of 0.66 means the occupation's share of local jobs is 1.52× below the national share.
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $49,240 | $23.67 |
| 25th percentile | $64,990 | $31.25 |
| 50th percentile (median) | $98,940 | $47.57 |
| 75th percentile | $161,920 | $77.85 |
| 90th percentile (top earners) | $217,490 | $104.56 |
| Mean (average) | $122,170 | $58.74 |
How New York Compares
| State | Median Annual | vs. New York |
|---|---|---|
| New York (current) | $98,940 | n/a |
| District of Columbia | $102,200 | +3% |
| New Jersey | $95,090 | -4% |
| Massachusetts | $93,430 | -6% |
| Vermont | $86,490 | -13% |
| Minnesota | $84,480 | -15% |
| North Dakota | $82,990 | -16% |
| Kansas | $82,540 | -17% |
| Delaware | $80,760 | -18% |
Showing top-paying states with available data. View all states →
Related Occupations in New York
| Occupation | Median Annual | Employment |
|---|---|---|
| Editors | $98,620 | 17,410 |
| Architects, Except Landscape and Naval | $98,580 | 10,930 |
| School Psychologists | $99,310 | 7,250 |
| Physical Therapists | $99,430 | 15,810 |
| Secondary School Teachers, Except Special and Career/Technical Education | $98,370 | 76,730 |
| Postsecondary Teachers, All Other | $98,220 | 2,980 |
Frequently Asked Questions
What is the average Loan Officers salary in New York?
The mean loan officers salary in New York is $122,170 per year. The median (middle) salary is $98,940 per year.
What is the starting salary for a Loan Officers in New York?
Entry-level loan officerss (10th percentile) in New York typically earn around $49,240 per year. Workers at the 25th percentile earn approximately $64,990 per year.
What is the highest Loan Officers salary in New York?
Top earners (90th percentile) in this occupation in New York make approximately $217,490 per year. Those in the 75th percentile earn around $161,920 per year.
How does the New York Loan Officers salary compare to the national average?
The median loan officers salary in New York is $98,940, which is +33% above national average of $74,180.