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Loan Officers Salary in New York

What Loan Officers earn in New York, labor market by labor market, and what is left after taxes and living costs in 10 counties.

Average in NY
$95,206
local median wages, weighted
Rank among states
1 of 8
published states
Workers in state
13,840
BLS employment estimate
Wage areas
1
10 counties

Pay by labor market in New York

Loan Officers pay by wage area in New York
Wage areaMedian wageTake-home payMargin per yearLargest county
New York-Newark-Jersey City, NY-NJ$101,570$74,960$34,074Kings County, NY

Counties ranked by what is left after the basics

Loan Officers in New York counties, by yearly margin
#CountyMedian wageTake-home payMargin per year
1Suffolk County, NY$101,570$74,960$39,402
2Nassau County, NY$101,570$74,960$39,402
3Kings County, NY$101,570$74,960$34,074
4Queens County, NY$101,570$74,960$34,074
5New York County, NY$101,570$74,960$34,074
6Bronx County, NY$101,570$74,960$34,074
7Westchester County, NY$101,570$74,960$34,074
8Richmond County, NY$101,570$74,960$34,074
9Rockland County, NY$101,570$74,960$34,074
10Putnam County, NY$101,570$74,960$34,074

Loan Officers pay in New York

The employment-weighted average of local median wages for Loan Officers in New York is $95,206, based on 13,840 workers. Among the 8 states with published data, that ranks number 1. The BLS national median for the occupation is $76,690, so New York averages 24.1% above it.

Published data for New York currently covers the New York-Newark-Jersey City, NY-NJ area, with a local median wage of $101,570.

Cost of living for Loan Officers in New York

We compare 10 New York counties after federal, Social Security, Medicare and state taxes and the four basics: a one-bedroom rental, food, home energy and gasoline. Suffolk County, NY leaves the largest yearly margin, $39,402. Putnam County, NY leaves the smallest, $34,074. The median wage covers all four basics in 10 of the 10 counties.

Loan Officers in other states

The states with the highest average local median wages for Loan Officers are New Jersey ($93,434), California ($83,475), Illinois ($78,090) and Indiana ($75,601).

Frequently asked questions: Loan Officers in New York

How much do Loan Officers earn in New York?

The employment-weighted average of local median wages is $95,206.

Which New York county is best for Loan Officers?

Suffolk County, NY leaves the largest yearly margin after taxes and the four basics ($39,402). Nassau County, NY follows at $39,402.