The median annual wage for Loan Officers in Sioux Falls, SD-MN is $78,510 (May 2024 BLS OES). The mean (average) is $87,110.
Pay spans roughly $61,050 at the 10th percentile to $129,110 at the 90th, so experience and specialisation move this figure a lot. At the median that is about $37.75 per hour. An estimated 630 people work as loan officers in Sioux Falls, SD-MN.
| Median (annual) | $78,510 |
| Mean (annual) | $87,110 |
| Median (hourly) | $37.75 |
| 10th percentile | $61,050 |
| 90th percentile | $129,110 |
| Employment | 630 |
Updated 2026-07-23.
Source: BLS OES May 2024 — bls.gov/oes. Checked 2026-07-23.