RateOrchard
State comparison · 2025

Loan Officers salary: New Jersey vs New York

Occupation

Loan Officers in New York earn a median of $95,710. In New Jersey, $92,920. After cost-of-living, the gap is 3.7% — not 2.9%.

Nominal pay gap
-2.9%
New Jersey vs New York
COL-adjusted gap
-3.7%
After BEA Regional Price Parities

New Jersey

Loan Officers

Median
$92,920
p25
$62,740
p75
$131,870
p10
$50,490
p90
$169,280
COL index (BEA RPP)100 = US average
108.8
See full breakdown for New Jersey

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.