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How much does a loan officer make in Duluth?

$73,240a year

Median yearly pay for loan officers in the Duluth, MN-WI metro area. That is $35.21 an hour or $6,103 a month.

Hourly
$35.21
Vs. national median
-4%
Rank among cities
167 of 383
Jobs in the area
200
Pay range
Lowest 10%: $47,640Median: $73,240Highest 10%: $153,900
PercentileYearlyHourly
10th$47,640$22.90
25th$58,590$28.17
Median$73,240$35.21
75th$98,220$47.22
90th$153,900$73.98

Other cities in Minnesota

Median yearly pay for loan officers.

Minneapolis, MN$102,200
Rochester, MN$98,110
Mankato, MN$94,850
Fargo, ND$93,640
Grand Forks, ND$92,820
St. Cloud, MN$92,570
Sioux Falls, SD$81,380
La Crosse, WI$76,370
Loan Officer salary in Minnesota Loan Officer salary in all states

Related jobs in Duluth

Same field, median yearly pay.

Labor Relations Specialist$100,500
Project Management Specialist$96,550
Financial and Investment Analyst$89,590
Management Analyst$88,610
Compensation$82,290
Property Appraiser and Assessor$80,860
Personal Financial Advisor$80,480
Cost Estimator$79,230
Tax Examiner and Collector$79,000
Accountant and Auditor$77,400
Salaries for every job in Duluth, MN

Frequently asked questions

How much does a loan officer make an hour in Duluth?

The median hourly pay in the Duluth, MN-WI metro area is $35.21 ($73,240 a year).

Do loan officers make more in Duluth than the national average?

No: $73,240 against $76,690 nationally, 4% less.

How does Duluth compare with the rest of Minnesota?

The median in Minnesota is $95,170, so Duluth pays 23% less.

Where does Duluth rank for loan officer pay?

167 of 383 metro areas with data.

How much does a loan officer make starting out in Duluth?

The lowest-paid 10% make $47,640 or less a year; the top 10% make $153,900 or more.

Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS): pay in May 2025, published by BLS in 2026. Hourly pay is the yearly figure divided by 2,080 hours.