Loan Officers Salary in Rochester, MN
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Rochester, MN is $81,280 per year as of 2024. That works out to roughly $39.08 per hour. This is 10% above the national median of $74,180. 200 people work as Loan Officers in Rochester, MN. Wages have grown 44% since 2014, when the median was $56,300.
Median Annual Salary
$81,280
Mean Annual
$94,070
Median Hourly
$39.08
Total Employed
200
Location Quotient
0.88
Average concentration
Salary Distribution
How This Compares
Rochester, MN
$81,280
this metro
Minnesota
$84,480
you earn -4% vs state
United States
$74,180
you earn +10% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $81,280 |
| 2023 | $81,610 |
| 2022 | $77,150 |
| 2021 | $78,700 |
| 2020 | $68,220 |
| 2019 | $75,760 |
| 2018 | $69,380 |
| 2017 | $59,090 |
| 2016 | $53,260 |
| 2015 | $54,520 |
| 2014 | $56,300 |
Related Business and Financial Operations Occupations Jobs in Rochester, MN
Other occupations in the same group, sorted by salary.
| Management Analysts | $105,530 |
| Compensation, Benefits, and Job Analysis Specialists | $105,140 |
| Project Management Specialists | $103,520 |
| Personal Financial Advisors | $103,220 |
| Financial and Investment Analysts | $102,330 |
| Labor Relations Specialists | $100,170 |