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State comparison · 2025

Loan Officers salary: Massachusetts vs New York

Occupation

Loan Officers in Massachusetts earn a median of $101,600. In New York, $95,710. After cost-of-living, the gap is 8.3% — not 6.2%.

Nominal pay gap
+6.2%
Massachusetts vs New York
COL-adjusted gap
+8.3%
After BEA Regional Price Parities

Massachusetts

Loan Officers

Median
$101,600
p25
$79,760
p75
$136,940
p10
$64,680
p90
$198,220
COL index (BEA RPP)100 = US average
105.8
See full breakdown for Massachusetts

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.