2024 Salary Data

Loan Officers Salary in Duluth, MN-WI

Loan Officerss in Duluth, MN-WI earn a median salary of $72,500 per year, which is 2.3% lower than the national median.

Median Salary

$72,500

2.3%vs national

Entry Level

$47,250

10th percentile

Experienced

$126,230

90th percentile

Employed

250

in Duluth, MN-WI

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Loan Officerss Make in Duluth, MN-WI?

According to the Bureau of Labor Statistics, Loan Officerss in the Duluth, MN-WI metropolitan area earn a median annual salary of $72,500. The salary range varies significantly based on experience, with entry-level positions starting around $47,250 and experienced professionals earning up to $126,230 or more.

Entry Level

0-2 years experience

$47,250 - $53,570

Mid Career

2-8 years experience

$53,570 - $93,940

Senior Level

8+ years experience

$93,940 - $126,230

Duluth, MN-WI vs National Average

Duluth, MN-WI$72,500
National Average$74,180

Loan Officerss in Duluth, MN-WI earn 2.3% less than the national median of $74,180.

Frequently Asked Questions

What is the average salary for a Loan Officers in Duluth, MN-WI?
The median annual salary for Loan Officers in Duluth, MN-WI is $72,500, according to Bureau of Labor Statistics data from 2024. This is 2.3% lower than the national median.
What is the starting salary for Loan Officers in Duluth, MN-WI?
Entry-level Loan Officers positions in Duluth, MN-WI typically start around $47,250 to $53,570 annually (10th to 25th percentile).
How much can experienced Loan Officerss make in Duluth, MN-WI?
Experienced Loan Officerss in Duluth, MN-WI can earn $93,940 to $126,230 annually (75th to 90th percentile).
How does Loan Officers salary in Duluth, MN-WI compare to the national average?
Loan Officerss in Duluth, MN-WI earn 2.3% less than the national median of $74,180.

Explore More