Loan Officers Salary in Sioux Falls, SD (2024)
Source: BLS OEWS May 2024 · Sioux Falls, SD-MN · 630 employed
The average Loan Officers salary in Sioux Falls, SD is $87,110 per year. The middle 50% of Loan Officerss earn between $63,810 and $101,120. Top earners in the 90th percentile make $129,110 or more. Entry-level positions typically start around $61,050. The median of $78,510 is above the mean, reflecting the wage distribution in this field.
Loan Officers Salary Breakdown in Sioux Falls, SD
| Percentile | Annual Salary |
|---|---|
| 10th Percentile (Entry-level) | $61,050 |
| 25th Percentile | $63,810 |
| Median (50th Percentile) | $78,510 |
| Mean (Average) | $87,110 |
| 75th Percentile | $101,120 |
| 90th Percentile (Top earners) | $129,110 |
Related Jobs in Sioux Falls, SD
| Occupation | Mean Annual |
|---|---|
| Personal Financial Advisors | $165,130 |
| Insurance Underwriters | $103,010 |
| Financial Examiners | $100,680 |
| Business Operations Specialists, All Other | $93,080 |
| Project Management Specialists | $91,270 |
| Management Analysts | $87,400 |
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 Sioux Falls, SD?
The average Loan Officers salary in Sioux Falls, SD is $87,110 per year, according to BLS OEWS May 2024.
What is the median Loan Officers salary in Sioux Falls, SD?
The median Loan Officers salary in Sioux Falls, SD is $78,510 per year. Half of Loan Officerss earn more than this and half earn less.
How much do entry-level Loan Officerss make in Sioux Falls, SD?
Entry-level Loan Officerss in Sioux Falls, SD typically earn around $61,050 per year (10th percentile). Workers in the 25th percentile earn about $63,810.
What do the highest-paid Loan Officerss earn in Sioux Falls, SD?
The highest-paid Loan Officerss in Sioux Falls, SD earn $129,110 or more per year (90th percentile). The 75th percentile wage is $101,120.
How many Loan Officerss work in Sioux Falls, SD?
There are approximately 630 Loan Officerss employed in the Sioux Falls, SD-MN area, per BLS OEWS May 2024.