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State comparison · 2025

Loan Officers salary: New York vs Virginia

Occupation

Loan Officers in New York earn a median of $95,710. In Virginia, $78,320. After cost-of-living, the gap is 14.5% — not 22.2%.

Nominal pay gap
+22.2%
New York vs Virginia
COL-adjusted gap
+14.5%
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

Virginia

Loan Officers

Median
$78,320
p25
$57,200
p75
$109,380
p10
$40,190
p90
$157,070
COL index (BEA RPP)100 = US average
101.1
See full breakdown for Virginia

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.