SOC 13-2072 · New York-Newark, NY-NJ · BLS OEWS May 2024
The median salary for Loan Officers in New York-Newark is $100,133 per year ($48.14/hr). This is 35% higher than the national median of $74,173. The middle 50% earn between $68,122 and $137,592 annually. Top earners at the 90th percentile reach $196,813.
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $24.99 | $51,976 | +35.0% |
| P25 | $32.75 | $68,122 | +35.0% |
| P50MEDIAN | $48.14 | $100,133 | +35.0% |
| P75 | $66.15 | $137,592 | +35.0% |
| P90 | $94.62 | $196,813 | +35.0% |
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-Newark is approximately $100,133, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 35% higher than the national median of $74,173.
Entry-level Loan Officers (10th percentile) in New York-Newark earn approximately $51,976 per year. The 25th percentile is $68,122. Top earners (90th percentile) reach $196,813.
New York-Newark pays 35% higher than the national average. The national P50 is $74,173 vs $100,133 in New York-Newark. Based on BLS national data adjusted for regional cost factors.
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