SOC 13-2072 · New York · BLS OEWS May 2024
The median salary for Loan Officers in New York is $90,491 per year ($43.51/hr). This is 22% higher than the national median of $74,173. The middle 50% earn between $61,562 and $124,342 annually. Top earners at the 90th percentile reach $177,860.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $22.58 | $46,971 | +22.0% |
| P25 | $29.60 | $61,562 | +22.0% |
| P50MEDIAN | $43.51 | $90,491 | +22.0% |
| P75 | $59.78 | $124,342 | +22.0% |
| P90 | $85.51 | $177,860 | +22.0% |
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
The median (P50) annual salary for Loan Officers in New York is approximately $90,491, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 22% higher than the national median of $74,173.
Entry-level Loan Officers (10th percentile) in New York earn approximately $46,971 per year. The 25th percentile is $61,562. Top earners (90th percentile) reach $177,860.
New York pays 22% higher than the national average. The national P50 is $74,173 vs $90,491 in New York. Based on BLS national data adjusted for regional cost factors.
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