2024 Salary Data

Loan Officers Salary in Binghamton, NY

Loan Officerss in Binghamton, NY earn a median salary of $72,030 per year, which is 2.9% lower than the national median.

Median Salary

$72,030

2.9%vs national

Entry Level

$49,000

10th percentile

Experienced

$170,980

90th percentile

Employed

100

in Binghamton, NY

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Loan Officerss Make in Binghamton, NY?

According to the Bureau of Labor Statistics, Loan Officerss in the Binghamton, NY metropolitan area earn a median annual salary of $72,030. The salary range varies significantly based on experience, with entry-level positions starting around $49,000 and experienced professionals earning up to $170,980 or more.

Entry Level

0-2 years experience

$49,000 - $54,010

Mid Career

2-8 years experience

$54,010 - $155,750

Senior Level

8+ years experience

$155,750 - $170,980

Binghamton, NY vs National Average

Binghamton, NY$72,030
National Average$74,180

Loan Officerss in Binghamton, NY earn 2.9% less than the national median of $74,180.

Frequently Asked Questions

What is the average salary for a Loan Officers in Binghamton, NY?
The median annual salary for Loan Officers in Binghamton, NY is $72,030, according to Bureau of Labor Statistics data from 2024. This is 2.9% lower than the national median.
What is the starting salary for Loan Officers in Binghamton, NY?
Entry-level Loan Officers positions in Binghamton, NY typically start around $49,000 to $54,010 annually (10th to 25th percentile).
How much can experienced Loan Officerss make in Binghamton, NY?
Experienced Loan Officerss in Binghamton, NY can earn $155,750 to $170,980 annually (75th to 90th percentile).
How does Loan Officers salary in Binghamton, NY compare to the national average?
Loan Officerss in Binghamton, NY earn 2.9% less than the national median of $74,180.

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