Loan Officers Salary in Southeast Minnesota

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

Median annual salary $81,840 +10.3% vs national
Median hourly $39.34
10th percentile $51,330
90th percentile $144,730
Employed locally 310
National median $74,180

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Loan Officers
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Southeast Minnesota
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    Salary percentile breakdown

    10th
    $51,330
    25th
    $61,590
    50th (median)
    $81,840
    75th
    $103,150
    90th
    $144,730

    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 Southeast Minnesota

    OccupationMedian salary
    Accountants and Auditors $75,540
    Market Research Analysts and Marketing Specialists $67,470
    Human Resources Specialists $72,350
    Buyers and Purchasing Agents $74,370
    Business Operations Specialists, All Other $63,480
    Project Management Specialists $92,970

    Frequently asked questions

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

    The median hourly wage for Loan Officers in Southeast Minnesota is $39.34, based on BLS OEWS 2025 data. Top earners (90th percentile) make $68.74 or more per hour.

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

    The median Loan Officers salary in Southeast Minnesota is 10.3% 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 Southeast Minnesota?

    Entry-level Loan Officers (10th percentile) earn around $51,330 per year in Southeast Minnesota. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $61,590.