Loan Officers Salary in Rochester, NY
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Loan Officers is a above-average occupation in Rochester, NY, with a median annual salary of $76,920. Loan Officerss in Rochester, NY earn $2,740 more (4%) than the national median of $74,180. There is significant earning potential — top earners make 5.
Loan Officerss in Rochester, NY earn $2,740 more (4%) than the national median of $74,180.
The average salary ($102,540) is notably higher than the median — this means top earners pull the average up. A small number of highly paid Loan Officerss skew the data.
Only 550 Loan Officerss work in Rochester, NY. Consider nearby metro areas for more opportunities.
Cost of Living Consideration
When evaluating this salary, factor in Rochester, NY's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.
Salary Distribution
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $39,760 | $3,313 |
| 25th Percentile | $56,340 | $4,695 |
| Median | $76,920 | $6,410 |
| 75th Percentile | $127,060 | $10,588 |
| 90th Percentile | $209,890 | $17,491 |
| Mean (Average) | $102,540 | $8,545 |
Loan Officers Salary in Other Cities
| Metro Area | Median Salary |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $102,540 |
| Boston-Cambridge-Nashua, MA-NH | $94,850 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $94,840 |
| San Francisco-Oakland-Berkeley, CA | $94,110 |
| Minneapolis-St. Paul-Bloomington, MN-WI | $91,900 |
| San Jose-Sunnyvale-Santa Clara, CA | $81,990 |
| Denver-Aurora-Lakewood, CO | $81,200 |
| Charlotte-Concord-Gastonia, NC-SC | $81,160 |
| Los Angeles-Long Beach-Anaheim, CA | $80,340 |
| Kansas City, MO-KS | $79,690 |
Highest Paying Jobs in Rochester, NY
| Occupation | Median Salary |
|---|---|
| Family Medicine Physicians | $215,210 |
| Architectural and Engineering Managers | $159,700 |
| Financial Managers | $156,790 |
| Lawyers | $138,010 |
| Education Administrators, Postsecondary | $132,150 |
| Managers, All Other | $131,580 |
| Natural Sciences Managers | $130,670 |
| Medical and Health Services Managers | $129,850 |
| Nurse Practitioners | $125,600 |
| Database Administrators | $112,050 |
Related Data Insights
The cost of living in Rochester, NY is 3.0% below the national average (index: 97.0). See full cost breakdown →
After adjusting for local cost of living, the purchasing power of Rochester, NY salaries is equivalent to $82,386 in an average-cost US city.