State comparison · 2025
Loan Officers salary: Illinois vs New York
Loan Officers in New York earn a median of $95,710. In Illinois, $79,150. After cost-of-living, the gap is 10.8% — not 17.3%.
Nominal pay gap
-17.3%
Illinois vs New York
COL-adjusted gap
-10.8%
After BEA Regional Price Parities
Illinois
Loan Officers
- Median
- $79,150
- p25
- $60,520
- p75
- $104,560
- p10
- $43,020
- p90
- $137,080
- COL index (BEA RPP)100 = US average
- 100.0
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%
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.