Loan Officers salary
in Southwest Minnesota nonmetropolitan area
- Middle 50%
- $58,130–$94,430
- vs U.S. median
- +2%
- Metro rank
- #77 of 237
Loan Officers in the Southwest Minnesota nonmetropolitan area metro earn a median of $78,090 a year, based on BLS estimates for 360 jobs (May 2025). That is 2% above the U.S. median of $76,690 and 18% below the MN statewide median of $95,170. It ranks #77 of 237 metros with published figures for this job.
- SOURCEBLS OEWS, May 2025
- SAMPLE360 jobs (estimate)
- SCOPEall employers, all experience levels
- PERIODMay 2025 estimates
Full percentile breakdown
BLS · metro vs U.S.
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Loan Officers pay in other MN metros
5 metros · BLS
| Metro | Median |
|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | $102,200 |
| St. Cloud, MN | $92,570 |
| Northwest Minnesota nonmetropolitan area | $84,070 |
| Southeast Minnesota nonmetropolitan area | $79,140 |
| Duluth, MN-WI | $73,240 |
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RELATED JOBS IN SOUTHWEST MINNESOTA NONMETROPOLITAN AREA
Questions
What is the average Loan Officers salary in Southwest Minnesota nonmetropolitan area?
The BLS median is $78,090 a year (May 2025). Half of the 360 jobs pay between $58,130 and $94,430. The 10th percentile is $49,000 and the 90th is $125,410.
Is Southwest Minnesota nonmetropolitan area a high-paying metro for Loan Officers?
That is 2% above the U.S. median of $76,690 and 18% below the MN statewide median of $95,170. It ranks #77 of 237 U.S. metros with published BLS figures for this job.
How much do Loan Officers make an hour in Southwest Minnesota nonmetropolitan area?
About $37.54 an hour at the median (the BLS annual figure of $78,090 divided by 2,080 hours, the conversion BLS uses). The middle half earn about $27.95–$45.40 an hour. Straight-time pay, before overtime and shift differentials.
Does this include experience levels?
BLS figures cover all experience levels together. Employer filings carry a DOL wage level, which the free checker can filter by (approximate).
Sources: U.S. BLS Occupational Employment and Wage Statistics, May 2025 (national + state) (metro area estimates, all employers); employer rows from U.S. DOL OFLC LCA Disclosure Data, FY2026 Q3 (LCA_Disclosure_Data_FY2026_Q3.xlsx). Base pay only. Estimates can have sampling error, especially for smaller metros.