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Loan Officers Salary in South Dakota
Ranked #26 of 51 · SD
Salary Distribution (10th–90th percentile)
About 80% of loan officerss in South Dakota earn between $58,480 and $125,080. The blue band is the middle 50% (P25–P75); the dot marks the median.
Compared to the U.S.
The mean loan officers salary in South Dakota is $85,970, about 2.1% below the U.S. average ($87,790). That works out to roughly $41/hr at 2,080 hours per year.
Metro Areas in South Dakota
| Metro area | Median | Mean | Employment |
|---|---|---|---|
| Sioux Falls, SD-MN | $81,380 | $90,800 | 690 |
| West South Dakota nonmetropolitan area | $80,100 | $85,550 | 260 |
| East South Dakota nonmetropolitan area | $78,680 | $84,970 | 480 |
| Rapid City, SD | $78,470 | $82,890 | 220 |
Frequently Asked Questions
How much do loan officers make in South Dakota?
The median loan officers salary in South Dakota is $79,920 per year (mean $85,970), and about 80% earn between $58,480 and $125,080.
How much do loan officers make per hour in South Dakota?
Roughly $41 per hour, based on a mean annual wage of $85,970 and 2,080 work hours per year.
Is South Dakota a high-paying state for loan officers?
South Dakota ranks #26 of 51 states for loan officers pay. Its mean salary of $85,970 is about 2.1% below the U.S. average of $87,790.
Which metro areas in South Dakota pay loan officers the most?
The highest-paying metro areas in South Dakota for loan officers are Sioux Falls, SD-MN ($81,380), West South Dakota nonmetropolitan area ($80,100), East South Dakota nonmetropolitan area ($78,680), by median annual wage.