Loan Officers Salary in Rapid City, SD
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Rapid City, SD is $77,800 per year as of 2024. That works out to roughly $37.40 per hour. This is 5% above the national median of $74,180. 250 people work as Loan Officers in Rapid City, SD. Wages have grown 41% since 2014, when the median was $55,140.
Median Annual Salary
$77,800
Mean Annual
$84,380
Median Hourly
$37.40
Total Employed
250
Location Quotient
1.81
Concentrated here
Salary Distribution
How This Compares
Rapid City, SD
$77,800
this metro
South Dakota
$78,590
you earn -1% vs state
United States
$74,180
you earn +5% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $77,800 |
| 2023 | $75,810 |
| 2022 | $68,410 |
| 2021 | $63,170 |
| 2020 | $71,720 |
| 2019 | $61,910 |
| 2018 | $59,250 |
| 2017 | $59,610 |
| 2016 | $58,380 |
| 2015 | $58,280 |
| 2014 | $55,140 |
Related Business and Financial Operations Occupations Jobs in Rapid City, SD
Other occupations in the same group, sorted by salary.
| Logisticians | $146,690 |
| Financial and Investment Analysts | $83,630 |
| Management Analysts | $80,960 |
| Credit Analysts | $78,440 |
| Business Operations Specialists, All Other | $77,940 |
| Accountants and Auditors | $77,010 |