2024 Salary Data

Loan Officers Salary in Buffalo-Cheektowaga, NY

Loan Officerss in Buffalo-Cheektowaga, NY earn a median salary of $79,450 per year, which is 7.1% higher than the national median.

Median Salary

$79,450

7.1%vs national

Entry Level

$39,640

10th percentile

Experienced

$171,880

90th percentile

Employed

870

in Buffalo-Cheektowaga, NY

Salary Distribution

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

How Much Do Loan Officerss Make in Buffalo-Cheektowaga, NY?

According to the Bureau of Labor Statistics, Loan Officerss in the Buffalo-Cheektowaga, NY metropolitan area earn a median annual salary of $79,450. The salary range varies significantly based on experience, with entry-level positions starting around $39,640 and experienced professionals earning up to $171,880 or more.

Entry Level

0-2 years experience

$39,640 - $59,210

Mid Career

2-8 years experience

$59,210 - $123,880

Senior Level

8+ years experience

$123,880 - $171,880

Buffalo-Cheektowaga, NY vs National Average

Buffalo-Cheektowaga, NY$79,450
National Average$74,180

Loan Officerss in Buffalo-Cheektowaga, NY earn 7.1% more than the national median of $74,180.

Frequently Asked Questions

What is the average salary for a Loan Officers in Buffalo-Cheektowaga, NY?
The median annual salary for Loan Officers in Buffalo-Cheektowaga, NY is $79,450, according to Bureau of Labor Statistics data from 2024. This is 7.1% higher than the national median.
What is the starting salary for Loan Officers in Buffalo-Cheektowaga, NY?
Entry-level Loan Officers positions in Buffalo-Cheektowaga, NY typically start around $39,640 to $59,210 annually (10th to 25th percentile).
How much can experienced Loan Officerss make in Buffalo-Cheektowaga, NY?
Experienced Loan Officerss in Buffalo-Cheektowaga, NY can earn $123,880 to $171,880 annually (75th to 90th percentile).
How does Loan Officers salary in Buffalo-Cheektowaga, NY compare to the national average?
Loan Officerss in Buffalo-Cheektowaga, NY earn 7.1% more than the national median of $74,180.

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