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How much does a loan officer make in South Dakota?

$79,920a year

Median yearly pay for loan officers in South Dakota. That is $38.42 an hour or $6,660 a month.

Hourly
$38.42
Vs. national median
+4%
Rank among states
18 of 51
Jobs in the state
1,820
Pay range
Lowest 10%: $58,480Median: $79,920Highest 10%: $125,100
PercentileYearlyHourly
10th$58,480$28.12
25th$65,570$31.52
Median$79,920$38.42
75th$99,750$47.96
90th$125,100$60.13

Cities in South Dakota

Metro areas, median yearly pay.

Sioux City, IA$81,780
Sioux Falls, SD$81,380
Rapid City, SD$78,470
Salaries for every job in South Dakota

Nearby in the ranking

States with similar pay for loan officers.

15. California$81,770
16. New Hampshire$80,660
17. Washington$80,120
18. South Dakota$79,920
19. Nebraska$79,840
20. Wyoming$79,620
21. Illinois$79,150
Loan Officer salary in all states

Frequently asked questions

How much does a loan officer make an hour in South Dakota?

The median hourly pay in South Dakota is $38.42 ($79,920 a year).

Do loan officers make more in South Dakota than the national average?

Yes: $79,920 against $76,690 nationally, 4% more.

Where does South Dakota rank for loan officer pay?

South Dakota ranks 18 of 51 states.

Which city in South Dakota pays loan officers the most?

Sioux City, IA-NE-SD, with a median of $81,780 a year.

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.