Wage data
Loan Officers Salary in Minneapolis
The median Loan Officers salary in Minneapolis is $102,200 per year, with most earning between $77,410 and $128,180 (the 25th–75th percentile).
Minneapolis wage percentiles
| Percentile | Annual wage |
|---|---|
| 10th percentile | $61,360 |
| 25th percentile | $77,410 |
| Median (50th) | $102,200 |
| 75th percentile | $128,180 |
| 90th percentile | $190,790 |
How Minneapolis compares to the national average
The Minneapolis median ($102,200) runs 33% above the national median of $76,690.
| Minneapolis median | $102,200 |
| National median | $76,690 |
Pay by experience level
Pay within an occupation varies by experience. In the government data for Loan Officers in Minneapolis:
- Entry-level Loan Officers in Minneapolis (0–2 years) typically sit in the 10th–25th percentile — roughly $61,360 to $77,410.
- Early-career Loan Officers in Minneapolis (3–5 years) typically sit in the 25th–50th percentile — roughly $77,410 to $102,200.
- Mid-career Loan Officers in Minneapolis (6–10 years) typically sit in the 50th–75th percentile — roughly $102,200 to $128,180.
- Senior Loan Officers in Minneapolis (11+ years) typically sit in the 75th–90th percentile — roughly $128,180 to $190,790.
About the role
Key skills: Active Listening, Speaking, Reading Comprehension, Judgment and Decision Making, Critical Thinking, Writing.
In-demand tools: Microsoft Excel, Microsoft Office, Microsoft Outlook.
Typical education: Bachelor's Degree (69%), Some College (13%), Associate's Degree (11%), High School Diploma (6%).
Related occupations: Loan Interviewers and Clerks, Credit Counselors, Credit Analysts, Credit Authorizers, Checkers, and Clerks, Personal Financial Advisors.
Frequently asked questions
What is the median Loan Officers salary in Minneapolis?
The median Loan Officers salary in Minneapolis is $102,200 per year (U.S. Bureau of Labor Statistics, OEWS May 2025). Most earn between $77,410 and $128,180 — the 25th to 75th percentile.
What do the top 10% of Loan Officers earn in Minneapolis?
The 90th percentile Loan Officers wage in Minneapolis is $190,790 per year — the top 10% of the published distribution earn at or above that figure.
How does Loan Officers pay in Minneapolis compare to the national average?
The Minneapolis median ($102,200) runs 33% above the national median of $76,690. All figures are from the federal wage survey (OEWS May 2025).
How do I know if a Loan Officers salary offer in Minneapolis is competitive?
Compare the offer against these percentiles: an offer near the median is at market for a typical hire, while your experience level shifts the band you should be judged against. The free counter calculator places a specific number in this distribution, and the full analysis adds live market data and the exact range to counter with.
Have an offer in hand? See exactly where it stands against this data — with your experience level, live market ranges, and the specific range to counter with.
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025. Estimates are market-informed, not guarantees. How we read this data.
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