Loan Officer Salary in New York (2026)

Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.

Median Annual Salary$95,710
Median Hourly Wage$46.01
National Median$75,854
Jobs in New York10,840

Loan Officer Salary in New York vs. National Average

New YorkNationalDifference
Median annual salary$95,710$75,854+26%
Median hourly wage$46.01$36.47+26%

Adjusted for local price levels (100 = national average), the cost-adjusted median is $88,703.

Loan Officer Salary in Top New York Cities

CityMedianEntry LevelExperiencedCost of Living
City-level data coming soon.

FAQ

How much does a Loan Officer make in New York?

The median annual salary for a Loan Officer in New York is $95,710, or about $46.01 per hour, according to BLS OEWS data.

How does this compare to the national average?

The national median for Loan Officers is $75,854. New York is +26% above the national median.

What is the entry-level salary for a Loan Officer in New York?

Entry-level loan officers in New York typically earn from varies by experience depending on the city and employer.

Is New York a good state for loan officers?

With 10,840 loan officer jobs on record and a median salary of $95,710, New York offers above-average pay compared to the rest of the country.

Where does Loan Officer pay rank in New York?

By median annual wage, loan officers rank 210 of the 776 occupations reported in New York — higher than 73% of them.

What do similar occupations pay in New York?

Among occupations in the same job family, Personal Financial Advisors at $166,400, Financial Risk Specialists at $136,830, Credit Analysts at $133,270 — all figures are median annual wages for New York.

Do these figures include taxes?

No. Every figure on this page is a gross (pre-tax) wage. New York levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 130.0 (100 = national average).

Loan Officer in New York: where it sits among all occupations

By median annual wage, loan officers rank 210 of the 776 occupations reported in New York — higher than 73% of them.

Occupation in the same job familyMedian in New YorkJobs
Personal Financial Advisors$166,400$21,550
Financial Risk Specialists$136,830$12,060
Credit Analysts$133,270$7,960
Financial Examiners$128,920$13,480
Financial and Investment Analysts$127,930$52,380
Project Management Specialists$121,040$68,020

New York levies a state income tax, so take-home pay is lower than the gross figures shown here. The state's cost of living index is 130.0 (100 = national average).

Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 776 occupations in New York.