Loan Officers Salary in St. Cloud, MN

BLS Occupational Employment & Wage Statistics • May 2025 • St. Cloud, MN

Median annual salary $85,030 +14.6% vs national
Median hourly $40.88
10th percentile $54,170
90th percentile $157,110
Employed locally 280
National median $74,180

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Loan Officers
in
St. Cloud, MN
vs

    Salary percentile breakdown

    10th
    $54,170
    25th
    $63,480
    50th (median)
    $85,030
    75th
    $121,350
    90th
    $157,110

    St. Cloud economic context

    Unemployment rate 3.10% 2024 annual avg • BLS LAUS
    Median household income $75,670 2023 • Census ACS
    Loan Officers salary vs area income 112% Median Loan Officers salary is 12% above the area median household income

    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

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    Mankato, MN $93,140
    Minneapolis-St. Paul-Bloomington, MN-WI $91,900
    Fargo, ND-MN $89,860
    Grand Forks, ND-MN $86,510
    Rochester, MN $81,280
    La Crosse-Onalaska, WI-MN $78,750

    Related occupations in St. Cloud, MN

    OccupationMedian salary
    Accountants and Auditors $75,660
    Human Resources Specialists $72,250
    Business Operations Specialists, All Other $65,300
    Market Research Analysts and Marketing Specialists $68,210
    Project Management Specialists $89,690
    Management Analysts $85,100

    Frequently asked questions

    How much do Loan Officers make per hour in St. Cloud?

    The median hourly wage for Loan Officers in St. Cloud, MN is $40.88, based on BLS OEWS 2025 data. Top earners (90th percentile) make $77.02 or more per hour.

    Is St. Cloud above or below average for Loan Officers salaries?

    The median Loan Officers salary in St. Cloud, MN is 14.6% 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 St. Cloud?

    Entry-level Loan Officers (10th percentile) earn around $54,170 per year in St. Cloud, MN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $63,480.