2024 Salary Data

Loan Officers Salary in New York-Newark-Jersey City, NY-NJ

Loan Officerss in New York-Newark-Jersey City, NY-NJ earn a median salary of $102,540 per year, which is 38.2% higher than the national median.

Median Salary

$102,540

38.2%vs national

Entry Level

$49,690

10th percentile

Experienced

$216,810

90th percentile

Employed

11,250

in New York-Newark-Jersey City, NY-NJ

Salary Distribution

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

How Much Do Loan Officerss Make in New York-Newark-Jersey City, NY-NJ?

According to the Bureau of Labor Statistics, Loan Officerss in the New York-Newark-Jersey City, NY-NJ metropolitan area earn a median annual salary of $102,540. The salary range varies significantly based on experience, with entry-level positions starting around $49,690 and experienced professionals earning up to $216,810 or more.

Entry Level

0-2 years experience

$49,690 - $72,680

Mid Career

2-8 years experience

$72,680 - $162,570

Senior Level

8+ years experience

$162,570 - $216,810

New York-Newark-Jersey City, NY-NJ vs National Average

New York-Newark-Jersey City, NY-NJ$102,540
National Average$74,180

Loan Officerss in New York-Newark-Jersey City, NY-NJ earn 38.2% more than the national median of $74,180.

Frequently Asked Questions

What is the average salary for a Loan Officers in New York-Newark-Jersey City, NY-NJ?
The median annual salary for Loan Officers in New York-Newark-Jersey City, NY-NJ is $102,540, according to Bureau of Labor Statistics data from 2024. This is 38.2% higher than the national median.
What is the starting salary for Loan Officers in New York-Newark-Jersey City, NY-NJ?
Entry-level Loan Officers positions in New York-Newark-Jersey City, NY-NJ typically start around $49,690 to $72,680 annually (10th to 25th percentile).
How much can experienced Loan Officerss make in New York-Newark-Jersey City, NY-NJ?
Experienced Loan Officerss in New York-Newark-Jersey City, NY-NJ can earn $162,570 to $216,810 annually (75th to 90th percentile).
How does Loan Officers salary in New York-Newark-Jersey City, NY-NJ compare to the national average?
Loan Officerss in New York-Newark-Jersey City, NY-NJ earn 38.2% more than the national median of $74,180.

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