Loan Officers Salary in Buffalo, NY (2024)
Source: BLS OEWS May 2024 · Buffalo-Cheektowaga, NY · 870 employed
The average Loan Officers salary in Buffalo, NY is $100,200 per year. The middle 50% of Loan Officerss earn between $59,210 and $123,880. Top earners in the 90th percentile make $171,880 or more. Entry-level positions typically start around $39,640. The median of $79,450 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Buffalo, NY
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $39,640 |
| 25th Percentile | $59,210 |
| Median (50th Percentile) | $79,450 |
| Mean (Average) | $100,200 |
| 75th Percentile | $123,880 |
| 90th Percentile (Top earners) | $171,880 |
Related Jobs in Buffalo, NY
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $146,170 |
| Credit Analysts | $110,430 |
| Project Management Specialists | $103,580 |
| Financial Risk Specialists | $103,320 |
| Financial and Investment Analysts | $100,230 |
| Labor Relations Specialists | $98,590 |
Loan Officers Salaries in Other Cities
| City | Mean Annual |
|---|---|
| Dayton, OH | $135,040 |
| New York, NY | $125,440 |
| Elmira, NY | $123,770 |
| New Haven, CT | $114,840 |
| Washington, DC | $112,140 |
| Lawrence, KS | $111,560 |
| Boston, MA | $110,820 |
| San Francisco, CA | $109,880 |
Frequently Asked Questions
What is the average Loan Officers salary in Buffalo, NY?
The average Loan Officers salary in Buffalo, NY is $100,200 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Buffalo, NY?
The median Loan Officers salary in Buffalo, NY is $79,450 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Buffalo, NY?
Entry-level Loan Officerss in Buffalo, NY typically earn around $39,640 per year (10th percentile). Workers in the 25th percentile earn about $59,210.
What do the highest-paid Loan Officerss earn in Buffalo, NY?
The highest-paid Loan Officerss in Buffalo, NY earn $171,880 or more per year (90th percentile). The 75th percentile wage is $123,880.
How many Loan Officerss work in Buffalo, NY?
There are approximately 870 Loan Officerss employed in the Buffalo-Cheektowaga, NY area, per BLS OEWS May 2024.