Loan Officer Salary in Rochester, New York
The median loan officer salary in Rochester, NY is $67,055 per year, which is 2.0% above the national median and 23.9% below the New York state average.
Loan Officer Pay in Rochester: What to Expect (2026)
Rochester offers a median loan officer salary of $67,055, which is $21,037 below the New York state average of $88,092. Compared to the national median of $65,740, Rochester pays above average for this role.
Rochester's cost of living is 90% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Rochester spans from $35,904 at the 10th percentile to $156,876 at the 90th percentile — a $120,972 spread. Entry-level professionals start around $38,760, while senior loan officers with 8+ years of experience can earn up to $132,600. With a population of 211,328, Rochester is a mid-sized metro with a growing job market.
Loan Officer Salary in Rochester by Experience
In Rochester, an entry-level loan officer earns around $38,760, while experienced professionals earn up to $132,600 per year. The local cost of living index is 90% of the national average.
Salary Percentiles in Rochester, NY
| Percentile | Rochester |
|---|---|
| 10th Percentile | $35,904 |
| 25th Percentile | $46,308 |
| Median (50th) | $67,055 |
| 75th Percentile | $102,000 |
| 90th Percentile | $156,876 |
Loan Officer Salary in Other New York Cities
How to Become a Loan Officer in Rochester
Education
Most loan officer positions require a bachelor's degree. Rochester and the surrounding New York area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Rochester may vary based on local industry and population growth.
Find Loan Officer Jobs in Rochester
Browse open loan officer positions in Rochester, NY: