Loan Officer Salary in Minneapolis, MN
Updated
The median loan officer in the Minneapolis area earns $102,200 a year ($49.13 an hour), 33% above the U.S. median ($76,690) and 7% above the Minnesota median ($95,170). Half of the 3,910 loan officers there earn between $77,410 and $128,180.
Median $102,200
10th: $61,36090th: $190,790
| Annual pay | Minneapolis area | Minnesota | U.S. |
|---|---|---|---|
| 10th percentile | $61,360 | $57,670 | $39,430 |
| 25th percentile | $77,410 | $73,240 | $52,730 |
| Median | $102,200 | $95,170 | $76,690 |
| 75th percentile | $128,180 | $125,550 | $104,080 |
| 90th percentile | $190,790 | $163,350 | $153,180 |
| Average | $110,870 | $104,700 | $87,790 |
| Jobs | 3,910 | 6,430 | 274,330 |
Minneapolis, MN ranks 3rd of the 50 largest U.S. metro areas for loan officer pay. Highest: Boston, MA ($103,400).
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Check my payLoan officer pay in other cities
- Boston, MA: $103,400
- San Francisco, CA: $103,000
- New York, NY: $101,570
- Denver, CO: $100,130
- Washington, DC: $97,800
- Portland, OR: $96,100
- San Jose, CA: $95,090
- Seattle, WA: $83,720
- All cities
Similar jobs in Minneapolis, MN
- Accountant: $86,500
- Financial Analyst: $103,350
- Financial Advisor: $103,410
- Project Manager: $97,860
- Human Resources Specialist: $80,330
- Marketing Specialist: $97,910
- All jobs in Minneapolis, MN
Sources
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, published May 15, 2026
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.