Loan Officers Salary in Duluth, MN (2024)
Source: BLS OEWS May 2024 · Duluth, MN-WI · 250 employed
The average Loan Officers salary in Duluth, MN is $78,340 per year. The middle 50% of Loan Officerss earn between $53,570 and $93,940. Top earners in the 90th percentile make $126,230 or more. Entry-level positions typically start around $47,250. The median of $72,500 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Duluth, MN
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $47,250 |
| 25th Percentile | $53,570 |
| Median (50th Percentile) | $72,500 |
| Mean (Average) | $78,340 |
| 75th Percentile | $93,940 |
| 90th Percentile (Top earners) | $126,230 |
Related Jobs in Duluth, MN
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $112,240 |
| Financial and Investment Analysts | $95,430 |
| Project Management Specialists | $94,550 |
| Management Analysts | $91,250 |
| Compensation, Benefits, and Job Analysis Specialists | $90,060 |
| Labor Relations Specialists | $88,390 |
Loan Officers Salaries in Other Cities
| City | Mean Annual |
|---|---|
| Dayton, OH | $135,040 |
| New York, NY | $125,440 |
| Elmira, NY | $123,770 |
| New Haven, CT | $114,840 |
| Washington, DC | $112,140 |
| Lawrence, KS | $111,560 |
| Boston, MA | $110,820 |
| San Francisco, CA | $109,880 |
Frequently Asked Questions
What is the average Loan Officers salary in Duluth, MN?
The average Loan Officers salary in Duluth, MN is $78,340 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Duluth, MN?
The median Loan Officers salary in Duluth, MN is $72,500 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Duluth, MN?
Entry-level Loan Officerss in Duluth, MN typically earn around $47,250 per year (10th percentile). Workers in the 25th percentile earn about $53,570.
What do the highest-paid Loan Officerss earn in Duluth, MN?
The highest-paid Loan Officerss in Duluth, MN earn $126,230 or more per year (90th percentile). The 75th percentile wage is $93,940.
How many Loan Officerss work in Duluth, MN?
There are approximately 250 Loan Officerss employed in the Duluth, MN-WI area, per BLS OEWS May 2024.