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aboutthisdata:

Wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program. The OES is a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

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      Wages for Loan Officers in MINNESOTA

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      Location Pay
      Period      		 2023
      10% 25% Median 75% 90%
      United States Hourly $17.80 $23.62 $33.65 $48.09 $67.05
      Yearly $37,020 $49,130 $69,990 $100,020 $139,470
      Minnesota Hourly $22.00 $29.17 $39.58 $55.57 $73.79
      Yearly $45,760 $60,680 $82,330 $115,580 $153,480
      Fargo, ND-MN Metro Area Hourly $24.20 $30.74 $45.69 $58.11 $74.76
      Yearly $50,340 $63,950 $95,030 $120,870 $155,500
      Southeast Minnesota Balance of State Hourly $24.11 $30.20 $43.21 $55.93 $70.67
      Yearly $50,160 $62,810 $89,880 $116,330 $146,990
      Grand Forks, ND-MN Metro Area Hourly $23.02 $29.54 $40.77 $51.95 $72.15
      Yearly $47,880 $61,450 $84,800 $108,060 $150,060
      Minneapolis-St. Paul-Bloomington, MN-WI Metro Area Hourly $22.10 $30.14 $40.45 $59.65 $79.15
      Yearly $45,960 $62,690 $84,130 $124,070 $164,630
      Rochester, MN Metro Area Hourly $24.08 $30.85 $39.23 $57.37 $65.63
      Yearly $50,080 $64,180 $81,610 $119,330 $136,500
      St. Cloud, MN Metro Area Hourly $23.63 $29.79 $38.37 $58.04 $68.34
      Yearly $49,140 $61,960 $79,810 $120,730 $142,150
      Northwest Minnesota Balance of State Hourly $21.16 $27.12 $37.00 $47.55 $63.46
      Yearly $44,000 $56,420 $76,960 $98,910 $132,000
      Southwest Minnesota Balance of State Hourly $22.86 $25.36 $35.43 $46.89 $63.14
      Yearly $47,540 $52,750 $73,690 $97,530 $131,320
      Mankato-North Mankato, MN Metro Area Hourly $24.33 $28.88 $34.50 $57.25 $80.88
      Yearly $50,610 $60,060 $71,760 $119,070 $168,220
      La Crosse-Onalaska, WI-MN Metro Area Hourly $21.00 $24.21 $32.02 $41.87 $54.44
      Yearly $43,670 $50,360 $66,590 $87,090 $113,240
      Duluth, MN-WI Metro Area Hourly $18.85 $23.89 $31.42 $44.64 $59.53
      Yearly $39,210 $49,690 $65,360 $92,850 $123,820
      Northeast Minnesota Balance of State Hourly $23.42 $27.10 $31.16 $46.30 $65.21
      Yearly $48,710 $56,370 $64,820 $96,310 $135,640