Loan Officer salary in Syracuse, NY
Loan Officers in the Syracuse, NY metro area earn a median of $78,580 a year ($37.78 an hour), based on BLS data for 300 workers.
Pay ranges from $45,780 for the lowest-paid 10% to $165,310 for the top 10%. That is 2% higher than the national median of $76,690. Pay here is 18% lower than the New York statewide median of $95,710. There are 0.99 loan officers per 1,000 jobs here — the job is less common than nationally (location quotient 0.56). The average (mean) salary is $96,130, above the median because a few high earners pull it up.
Pay range for loan officers in Syracuse, NY
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $45,780 | $22.01 |
| 25th percentile | $55,800 | $26.83 |
| Median | $78,580 | $37.78 |
| 75th percentile | $123,370 | $59.31 |
| 90th percentile (top earners) | $165,310 | $79.48 |
| Average (mean) | $96,130 | $46.21 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,548.33 |
| Semi-monthly (24 a year) | $3,274.17 |
| Biweekly (26 a year) | $3,022.31 |
| Weekly | $1,511.15 |
| Hourly | $37.78 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $101,570 | 10,350 |
| Elmira, NY | $95,050 | 40 |
| Glens Falls, NY | $83,810 | 40 |
| Rochester, NY | $82,280 | 470 |
| Watertown-Fort Drum, NY | $81,850 | 60 |
| Albany-Schenectady-Troy, NY | $79,710 | 560 |
| Kiryas Joel-Poughkeepsie-Newburgh, NY | $79,670 | 260 |
| Buffalo-Cheektowaga, NY | $76,170 | 900 |
| Ithaca, NY | $75,060 | 60 |
| Binghamton, NY | $68,680 | 80 |
| Kingston, NY | $65,870 | 80 |
| Utica-Rome, NY | $61,910 | 170 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the New York statewide figures.
Related jobs in Syracuse, NY
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $82,230 | $39.54 |
| Financial and Investment Analysts | $103,900 | $49.95 |
| Insurance Underwriter | $81,160 | $39.02 |
| Personal Financial Advisor | $126,430 | $60.78 |
| Financial Examiner | $85,030 | $40.88 |
| Financial Risk Specialist | $122,740 | $59.01 |
| Tax Preparer | $61,290 | $29.47 |
| Budget Analyst | $85,240 | $40.98 |
| Financial Specialists, All Other | $60,240 | $28.96 |
| Credit Counselor | $59,160 | $28.44 |
| Credit Analyst | $79,970 | $38.45 |
| Property Appraisers and Assessors | $71,790 | $34.51 |
| Tax Examiners and Collectors, and Revenue Agents | $75,030 | $36.07 |
| Project Management Specialist | $105,390 | $50.67 |
More: Business and Financial Operations Occupations · all salaries in Syracuse, NY
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Syracuse, NY?
The median salary for loan officers in the Syracuse, NY metro area is $78,580 a year, or $37.78 an hour. Pay ranges from $45,780 for the lowest-paid 10% to $165,310 for the top 10%.
How much do the highest-paid loan officers make in Syracuse, NY?
The top 10% of loan officers in the Syracuse, NY metro area earn at least $165,310 a year. The top 25% earn $123,370 or more.
What is the starting pay for loan officers in Syracuse, NY?
Entry-level pay (the 10th percentile) is about $45,780 a year, and a quarter of loan officers earn $55,800 or less.
How many loan officers work in Syracuse, NY?
About 300 loan officers are employed in the Syracuse, NY metro area, not counting the self-employed.