How much does a loan officer make in Sioux Falls?
$81,380a year
Median yearly pay for loan officers in the Sioux Falls, SD-MN metro area. That is $39.13 an hour or $6,782 a month.
- Hourly
- $39.13
- Vs. national median
- +6%
- Rank among cities
- 72 of 383
- Jobs in the area
- 690
Pay range
Lowest 10%: $60,600Median: $81,380Highest 10%: $130,400
| Percentile | Yearly | Hourly | |
|---|---|---|---|
| 10th | $60,600 | $29.13 | |
| 25th | $69,180 | $33.26 | |
| Median | $81,380 | $39.13 | |
| 75th | $103,800 | $49.90 | |
| 90th | $130,400 | $62.67 |
Other cities in South Dakota
Median yearly pay for loan officers.
| Sioux City, IA | $81,780 |
| Rapid City, SD | $78,470 |
Related jobs in Sioux Falls
Same field, median yearly pay.
| Personal Financial Advisor | $121,400 |
| Financial and Investment Analyst | $99,140 |
| Financial Examiner | $95,100 |
| Management Analyst | $84,930 |
| Project Management Specialist | $84,190 |
| Accountant and Auditor | $80,920 |
| Financial Risk Specialist | $80,360 |
| Logistician | $79,320 |
| Claims Adjuster | $78,900 |
| Insurance Underwriter | $77,160 |
Frequently asked questions
How much does a loan officer make an hour in Sioux Falls?
The median hourly pay in the Sioux Falls, SD-MN metro area is $39.13 ($81,380 a year).
Do loan officers make more in Sioux Falls than the national average?
Yes: $81,380 against $76,690 nationally, 6% more.
How does Sioux Falls compare with the rest of South Dakota?
The median in South Dakota is $79,920, so Sioux Falls pays 2% more.
Where does Sioux Falls rank for loan officer pay?
72 of 383 metro areas with data.
How much does a loan officer make starting out in Sioux Falls?
The lowest-paid 10% make $60,600 or less a year; the top 10% make $130,400 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.