2024 Salary Data
Loan Officers Salary in Minnesota
Loan Officerss in Minnesota earn a median salary of $84,480 per year, which is 13.9% higher than the national median.
Median Salary
$84,480
Entry Level
$51,520
10th percentile
Experienced
$152,630
90th percentile
Employed
6,950
in Minnesota
Salary Distribution
Shows salary range from entry-level (10th percentile) to top earners (90th percentile)
How Much Do Loan Officerss Make in Minnesota?
According to the Bureau of Labor Statistics, Loan Officerss in the Minnesota metropolitan area earn a median annual salary of $84,480. The salary range varies significantly based on experience, with entry-level positions starting around $51,520 and experienced professionals earning up to $152,630 or more.
Entry Level
0-2 years experience
$51,520 - $65,230
Mid Career
2-8 years experience
$65,230 - $109,870
Senior Level
8+ years experience
$109,870 - $152,630
Minnesota vs National Average
Loan Officerss in Minnesota earn 13.9% more than the national median of $74,180.
Quick Facts
- Occupation
- Loan Officers
- SOC Code
- 132072
- Location
- Minnesota
- Data Year
- 2024
- Total Employed
- 6,950