Loan Officer Salary in Minnesota
Based on 7K+ workers in Minnesota
Data year: 2024 · Last updated: May 2026
Median Annual Salary (MN)
$84,480
$40.615/hr
vs National Average
$73,485
+15.0% vs national median
Salary Range (10th–90th)
$52K – $153K
7K employed in Minnesota
Salary Distribution — Loan Officer in Minnesota
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $51,520 |
| 25th percentile | $65,230 |
| Median (50th percentile) | $84,480 |
| 75th percentile | $109,870 |
| 90th percentile | $152,630 |
Historical Salary Trend — Loan Officer in Minnesota vs National
| Year | Median Salary (United States) |
|---|---|
| 2022 | $78,850 |
| 2023 | $82,330 |
| 2024 | $84,480 |
| Year | Minnesota Median | National Median |
|---|---|---|
| 2022 | $78,850 | $68,453 |
| 2023 | $82,330 | $70,692 |
| 2024 | $84,480 | $73,485 |