SALARY · LOAN OFFICERS · MINNESOTA

Loan Officers salary in Minnesota

People ask me what a job pays, and my honest answer is always: it depends on the state. For loan officers in Minnesota, the middle of the field earned $95,170 a year. Use that as your anchor, then look at experience, employer size and city before you judge any single offer.

MEDIAN ANNUAL SALARY

$95,170

$46 per hour at the median · That is $18,480 (24.1 percent) above the national median of $76,690 for this occupation.

$104,700Mean annual salary
$50Mean hourly wage
$6,430People employed in this job in Minnesota

Salary range

25th: $73,240Median: $95,17075th: $125,550
MeasureAnnual
25th percentile$73,240
Median (50th percentile)$95,170
75th percentile$125,550
Mean$104,700

The middle half of workers earned from $73,240 to $125,550 a year. Hourly pay matters if your hours vary. An annual figure can look strong while the hourly rate tells a different story, especially in jobs with seasonal hours or overtime. Check both before you compare two offers.

What stays in your pocket on the median salary

ESTIMATED TAKE-HOME PAY

$70,834 a year
$5,903 a month
Federal tax $12,107 · FICA $7,281 · State tax $4,948
Read this before you use the take-home figure. It is a single-filer estimate using the 2026 standard deduction. It leaves out credits, other deductions, local taxes, and retirement or health deductions. Your actual paycheck can differ, and for states without a verified 2026 table in this build, state tax is still to be added once its table is verified.

Same job, other states

Other jobs in Minnesota

Try your own salary in the paycheck calculator