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State comparison · 2025

Loan Officers salary: Alabama vs New York

Occupation

Loan Officers in New York earn a median of $95,710. In Alabama, $66,710. After cost-of-living, the gap is 15.3% — not 30.3%.

Nominal pay gap
-30.3%
Alabama vs New York
COL-adjusted gap
-15.3%
After BEA Regional Price Parities

Alabama

Loan Officers

Median
$66,710
p25
$49,470
p75
$102,990
p10
$42,090
p90
$155,660
COL index (BEA RPP)100 = US average
88.8
See full breakdown for Alabama

New York

Loan Officers

Median
$95,710
p25
$62,670
p75
$148,890
p10
$49,410
p90
$211,350
COL index (BEA RPP)100 = US average
107.9
Hiring velocity (180d)
-58%
See full breakdown for New York

BLS Occupational Employment and Wage Statistics, May 2025. Cost-of-living adjustment from BEA Regional Price Parities (overall index). Hiring velocity from DOL OFLC public disclosure data, recent 180 days vs prior. See methodology.