State comparison · 2025
Loan Officers salary: New York vs South Dakota
Loan Officers in New York earn a median of $95,710. In South Dakota, $79,920. After cost-of-living, the gap is 1.7% — not 19.8%.
Nominal pay gap
+19.8%
New York vs South Dakota
COL-adjusted gap
-1.7%
After BEA Regional Price Parities
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%
South Dakota
Loan Officers
- Median
- $79,920
- p25
- $65,570
- p75
- $99,750
- p10
- $58,480
- p90
- $125,080
- COL index (BEA RPP)100 = US average
- 88.6
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.