Loan Officers Salary in Rochester, MN (2024)
Source: BLS OEWS May 2024 · Rochester, MN · 200 employed
The average Loan Officers salary in Rochester, MN is $94,070 per year. The middle 50% of Loan Officerss earn between $67,660 and $116,800. Top earners in the 90th percentile make $149,760 or more. Entry-level positions typically start around $56,180. The median of $81,280 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Rochester, MN
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $56,180 |
| 25th Percentile | $67,660 |
| Median (50th Percentile) | $81,280 |
| Mean (Average) | $94,070 |
| 75th Percentile | $116,800 |
| 90th Percentile (Top earners) | $149,760 |
Related Jobs in Rochester, MN
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $133,640 |
| Management Analysts | $112,500 |
| Project Management Specialists | $107,070 |
| Financial and Investment Analysts | $100,590 |
| Compensation, Benefits, and Job Analysis Specialists | $97,820 |
| Labor Relations Specialists | $97,040 |
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 Rochester, MN?
The average Loan Officers salary in Rochester, MN is $94,070 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Rochester, MN?
The median Loan Officers salary in Rochester, MN is $81,280 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Rochester, MN?
Entry-level Loan Officerss in Rochester, MN typically earn around $56,180 per year (10th percentile). Workers in the 25th percentile earn about $67,660.
What do the highest-paid Loan Officerss earn in Rochester, MN?
The highest-paid Loan Officerss in Rochester, MN earn $149,760 or more per year (90th percentile). The 75th percentile wage is $116,800.
How many Loan Officerss work in Rochester, MN?
There are approximately 200 Loan Officerss employed in the Rochester, MN area, per BLS OEWS May 2024.