Loan Officers Salary in Minnesota

Median Salary

$95,170

per year

Hourly Rate

$45.76

per hour

Employment

6,430

in Minnesota

vs. National Avg

+24.1%

National: $76,690

📊 Compared to the national median of $76,690, Minnesota pays 24.1% MORE for Loan Officers positions.

Purchasing Power

$97,112

cost-adjusted value

Cost of Living

98.0

2% below national avg

Rent/Income

16%

Affordable

Salary Distribution in Minnesota

10th

$57,670

25th

$73,240

Median

$95,170

75th

$125,550

90th

$163,350

Data Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS).