South Dakota ranks 16th of 51 states and D.C. for loan officers pay, trailing top-paying District of Columbia ($102,200) by $23,610 — a 30% gap.
The 10th-to-90th percentile range runs from $59,820 to $114,610 — a $54,790 spread, 49% tighter than the national $107,290 range.
Loan Officers are more concentrated in South Dakota than the U.S. average — a location quotient of 2.26 means the occupation's share of local jobs is 2.26× the national share.
Salary Range: 10th to 90th Percentile
Full Percentile Breakdown
| Percentile | Annual Wage | Hourly Wage |
|---|---|---|
| 10th percentile (entry-level) | $59,820 | $28.76 |
| 25th percentile | $64,570 | $31.04 |
| 50th percentile (median) | $78,590 | $37.78 |
| 75th percentile | $96,420 | $46.35 |
| 90th percentile (top earners) | $114,610 | $55.10 |
| Mean (average) | $83,250 | $40.03 |
How South Dakota Compares
| State | Median Annual | vs. South Dakota |
|---|---|---|
| South Dakota (current) | $78,590 | n/a |
| District of Columbia | $102,200 | +30% |
| New York | $98,940 | +26% |
| New Jersey | $95,090 | +21% |
| Massachusetts | $93,430 | +19% |
| Vermont | $86,490 | +10% |
| Minnesota | $84,480 | +7% |
| North Dakota | $82,990 | +6% |
| Kansas | $82,540 | +5% |
Showing top-paying states with available data. View all states →
Related Occupations in South Dakota
| Occupation | Median Annual | Employment |
|---|---|---|
| Labor Relations Specialists | $78,180 | 90 |
| Aircraft Mechanics and Service Technicians | $78,140 | N/A |
| First-Line Supervisors of Mechanics, Installers, and Repairers | $79,320 | 1,660 |
| Biological Science Teachers, Postsecondary | $79,430 | 140 |
| Occupational Health and Safety Specialists | $79,460 | 220 |
| Management Analysts | $79,660 | 3,180 |
Frequently Asked Questions
What is the average Loan Officers salary in South Dakota?
The mean loan officers salary in South Dakota is $83,250 per year. The median (middle) salary is $78,590 per year.
What is the starting salary for a Loan Officers in South Dakota?
Entry-level loan officerss (10th percentile) in South Dakota typically earn around $59,820 per year. Workers at the 25th percentile earn approximately $64,570 per year.
What is the highest Loan Officers salary in South Dakota?
Top earners (90th percentile) in this occupation in South Dakota make approximately $114,610 per year. Those in the 75th percentile earn around $96,420 per year.
How does the South Dakota Loan Officers salary compare to the national average?
The median loan officers salary in South Dakota is $78,590, which is +6% above national average of $74,180.