Loan Officers Salary in Northeast Minnesota

BLS Occupational Employment & Wage Statistics • May 2025 • Northeast Minnesota nonmetropolitan area

Median annual salary $74,160 +-0% vs national
Median hourly $35.66
10th percentile $49,300
90th percentile $129,530
Employed locally 120
National median $74,180

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Loan Officers
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Northeast Minnesota
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    Salary percentile breakdown

    10th
    $49,300
    25th
    $58,500
    50th (median)
    $74,160
    75th
    $98,320
    90th
    $129,530

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Related occupations in Northeast Minnesota

    OccupationMedian salary
    Accountants and Auditors $68,380
    Human Resources Specialists $72,600
    Business Operations Specialists, All Other $63,960
    Compliance Officers $92,750
    Market Research Analysts and Marketing Specialists $59,090
    Buyers and Purchasing Agents $69,530

    Frequently asked questions

    How much do Loan Officers make per hour in Northeast Minnesota?

    The median hourly wage for Loan Officers in Northeast Minnesota is $35.66, based on BLS OEWS 2025 data. Top earners (90th percentile) make $71.82 or more per hour.

    Is Northeast Minnesota above or below average for Loan Officers salaries?

    The median Loan Officers salary in Northeast Minnesota is 0% above the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Northeast Minnesota?

    Entry-level Loan Officers (10th percentile) earn around $49,300 per year in Northeast Minnesota. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $58,500.