WageDepth

Loan Officers Salary in Minnesota

SOC 13-2072 · State · 2024 BLS OEWS

The median salary for a Loan Officers in Minnesota is $84,480 per year as of 2024. That works out to roughly $40.62 per hour. This is 14% above the national median of $74,180. 6,950 people work as Loan Officers in Minnesota. Wages have grown 14% since 2019, when the median was $74,080.

Median Annual Salary

$84,480

Mean Annual

$96,180

Median Hourly

$40.62

Total Employed

6,950

Salary Distribution

$52k
10th
$65k
25th
$84k
Median
$110k
75th
$153k
90th

How This Compares

Minnesota

$84,480

this metro

United States

$74,180

you earn +14% vs US

Salary Trend

View data table
Year Median Annual
2024 $84,480
2023 $82,330
2022 $78,850
2021 $78,660
2020 $73,980
2019 $74,080

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