How much does a loan officer make in Mankato?
$94,850a year
Median yearly pay for loan officers in the Mankato, MN metro area. That is $45.60 an hour or $7,904 a month.
- Hourly
- $45.60
- Vs. national median
- +24%
- Rank among cities
- 30 of 383
- Jobs in the area
- 130
Pay range
Lowest 10%: $59,020Median: $94,850Highest 10%: $158,400
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $59,020 | $28.38 | |
| 25th | $68,440 | $32.90 | |
| Median | $94,850 | $45.60 | |
| 75th | $121,100 | $58.20 | |
| 90th | $158,400 | $76.15 |
Other cities in Minnesota
Median yearly pay for loan officers.
| Minneapolis, MN | $102,200 |
| Rochester, MN | $98,110 |
| Fargo, ND | $93,640 |
| Grand Forks, ND | $92,820 |
| St. Cloud, MN | $92,570 |
| Sioux Falls, SD | $81,380 |
| La Crosse, WI | $76,370 |
| Duluth, MN | $73,240 |
Related jobs in Mankato
Same field, median yearly pay.
| Compliance Officer | $81,830 |
| Project Management Specialist | $80,970 |
| Management Analyst | $77,020 |
| Accountant and Auditor | $76,660 |
| Cost Estimator | $74,660 |
| Training and Development Specialist | $74,180 |
| Buyer and Purchasing Agent | $73,390 |
| Market Research Analyst and Marketing Specialist | $73,020 |
| Human Resources Specialist | $72,410 |
| Business Operations Specialist | $66,600 |
Frequently asked questions
How much does a loan officer make an hour in Mankato?
The median hourly pay in the Mankato, MN metro area is $45.60 ($94,850 a year).
Do loan officers make more in Mankato than the national average?
Yes: $94,850 against $76,690 nationally, 24% more.
How does Mankato compare with the rest of Minnesota?
The median in Minnesota is $95,170, so Mankato pays 0% more.
Where does Mankato rank for loan officer pay?
30 of 383 metro areas with data.
How much does a loan officer make starting out in Mankato?
The lowest-paid 10% make $59,020 or less a year; the top 10% make $158,400 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.