IncomeLens

Loan Officer Salary in New York, NY

How much do Loan Officers earn in New York, NY? See local salary data, cost-of-living adjustments, and percentile breakdowns.

Local Median

$85,307

National Median

$74,180

vs National

+15%

CoL Adjusted

$45,570

Loan Officer Pay Scale in New York, NY
PercentileNew York, NYNationalDifference
10th$44,264$38,490+15%
25th$59,639$51,860+15%
50th (Median)$85,307$74,180+15%
75th$123,222$107,150+15%
90th$167,647$145,780+15%
Cost of Living in New York, NY

New York, NY has a cost of living index of 187.2 (national average = 100). This means living in New York, NY is 87% more expensive than the national average.

After adjusting for cost of living, a Loan Officer's median salary of $85,307 in New York, NY has the purchasing power of approximately $45,570 at national-average prices.

Explore New York, NY Cost of Living
Loan Officer Take-Home Pay in New York, NY

Annual

$64,085

Monthly

$5,340

Biweekly

$2,465

Tax ItemAmount
Gross Salary$85,307
Federal Income Tax-$10,609
State Tax (New York)-$4,087
Social Security-$5,289
Medicare-$1,237
Total Tax-$21,222
Take-Home Pay$64,085

Based on single filer with standard deduction. New York has progressive state income tax (top rate: 10.90%).

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Loan Officer Salary in Other Cities

Loan Officer Salary in New York, NY: What to Expect in 2025

Loan Officers in New York, NY earn a median salary of $85,307, which is 15% higher the national median of $74,180. However, the high cost of living in New York, NY (index: 187.2) means your dollar doesn't go as far — the cost-of-living-adjusted salary is approximately $45,570.