What is the median salary for Loan Officers in Buffalo?

According to BLS OEWS May 2025, the median annual wage for Loan Officers in Buffalo-Cheektowaga, NY is $76,170.

How does Buffalo pay compare to the US median for Loan Officers?

Local median pay is 0.7% below the national OEWS median of $76,690.

How does cost of living change what that wage buys?

BEA RPP for Buffalo is 95.8 (US = 100, 2024). The local median of $76,170 has about the same purchasing power as $79,509 at US-average prices.

How current is this data?

Wages are BLS OEWS May 2025. Price levels use BEA Regional Price Parities for 2024. See methodology for source details.

Loan Officers, Buffalo

$76,170

BLS OEWS median annual wage in Buffalo-Cheektowaga, NY. Middle half of wages roughly $58,970 to $102,400.

BLS OEWS median, May 2025, as of May 15, 2026. BEA Regional Price Parity 2024. Disclaimer

vs US median: −0.7%
US median: $76,690
Metro RPP: 95.8
Middle half: $58,970 to $102,400
OEWS employment: 900
SOC: 13-2072

Loan Officers in Buffalo pay a median $76,170 (May 2025), 0.7% below the US median of $76,690. At local prices (RPP 95.8), that median buys about what $79,509 buys at US-average prices.

Purchasing power

$76,170 in Buffalo buys about what $79,509 buys at US-average prices (BEA RPP 95.8, 2024). Housing (rents) RPP is 81 vs all-items 95.8 (US = 100, 2024).

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Loan Officers in nearby metros

Metro	Median	Middle half	RPP
Buffalo	$76,170	$58,970 to $102,400	95.8
Indianapolis	$74,790	$49,000 to $101,360	95.7
San Francisco	$103,000	$71,870 to $153,150	115.6
Tulsa	$79,080	$52,460 to $125,250	89.2

BLS OEWS May 2025 where published for the CBSA.

FAQ

What is the median salary for Loan Officers in Buffalo?: According to BLS OEWS May 2025, the median annual wage for Loan Officers in Buffalo-Cheektowaga, NY is $76,170.
How does Buffalo pay compare to the US median for Loan Officers?: Local median pay is 0.7% below the national OEWS median of $76,690.
How does cost of living change what that wage buys?: BEA RPP for Buffalo is 95.8 (US = 100, 2024). The local median of $76,170 has about the same purchasing power as $79,509 at US-average prices.
How current is this data?: Wages are BLS OEWS May 2025. Price levels use BEA Regional Price Parities for 2024. See methodology for source details.

What this covers

Includes

BEA Regional Price Parities (all items, goods, housing rents, other services)
BLS OEWS median wages, percentile bands, and employment where published
Purchasing-power math: salary × (destination RPP ÷ origin RPP)

Does not include

Federal, state, or local income taxes
Childcare, healthcare premiums, or leave benefits
Job openings. OEWS employment is a published stock estimate, not hiring demand

Median wages are published BLS OEWS metro estimates; price levels use BEA Regional Price Parities. See methodology and disclaimer.