RateOrchard
State comparison · 2025

Loan Officers salary: New York vs Utah

Occupation

Loan Officers in New York earn a median of $95,710. In Utah, $59,440. After cost-of-living, the gap is 47.6% — not 61%.

Nominal pay gap
+61%
New York vs Utah
COL-adjusted gap
+47.6%
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%
See full breakdown for New York

Utah

Loan Officers

Median
$59,440
p25
$46,240
p75
$87,320
p10
$37,790
p90
$128,200
COL index (BEA RPP)100 = US average
98.9
See full breakdown for Utah

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.