Loan Officers Salary in Sioux Falls, SD-MN
SOC 13-2072 · Metropolitan Area · 2024 BLS OEWS
The median salary for a Loan Officers in Sioux Falls, SD-MN is $78,510 per year as of 2024. That works out to roughly $37.75 per hour. This is 6% above the national median of $74,180. 630 people work as Loan Officers in Sioux Falls, SD-MN. Wages have grown 32% since 2014, when the median was $59,680.
Median Annual Salary
$78,510
Mean Annual
$87,110
Median Hourly
$37.75
Total Employed
630
Location Quotient
1.92
Concentrated here
Salary Distribution
How This Compares
Sioux Falls, SD-MN
$78,510
this metro
South Dakota
$78,590
you earn +-0% vs state
United States
$74,180
you earn +6% vs US
Salary Trend
View data table
| Year | Median Annual |
|---|---|
| 2024 | $78,510 |
| 2023 | $74,710 |
| 2022 | $64,910 |
| 2021 | $63,170 |
| 2020 | $66,620 |
| 2019 | $63,680 |
| 2018 | $58,100 |
| 2017 | $58,480 |
| 2016 | $61,470 |
| 2015 | $60,890 |
| 2014 | $59,680 |
Related Business and Financial Operations Occupations Jobs in Sioux Falls, SD-MN
Other occupations in the same group, sorted by salary.
| Personal Financial Advisors | $120,580 |
| Business Operations Specialists, All Other | $86,940 |
| Insurance Underwriters | $85,570 |
| Financial Examiners | $84,280 |
| Project Management Specialists | $83,000 |
| Management Analysts | $79,740 |