Loan Officer Salary in South Dakota
Explore loan officer salaries in South Dakota including median pay, entry-level and senior compensation, and how it compares to the national average.
Salary Breakdown
| Pay Period | Entry Level | Median | Senior |
|---|---|---|---|
| Annual | $37,320 | $63,443 | $89,567 |
| Monthly | $3,110 | $5,287 | $7,464 |
| Biweekly | $1,435 | $2,440 | $3,445 |
| Weekly | $718 | $1,220 | $1,722 |
| Hourly | $18 | $31 | $43 |
SD vs National Comparison
About This Career
Evaluate loan applications and manage lending relationships with clients.
Education
Bachelor's degree in Finance or related field
Key Skills
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Explore Related Data for a Loan Officer in South Dakota
Dig into every angle of a loan officer salary ($63,443 median) in South Dakota — take-home pay, affordability, taxes, mortgage, retirement, and city-level data.
Take-home pay on $63,443 in South Dakota
Federal, state, Social Security, and Medicare — what you keep after taxes.
What you can afford on $63,443 in South Dakota
Home price, rent, and monthly spending guidelines for this income.
Tax brackets on $63,443 in South Dakota
Exactly which federal and state brackets your salary crosses.
$250,000 mortgage in South Dakota
Monthly payment, property tax, and total interest at typical rates.
Retirement at 30 earning $60,000
Savings benchmarks and projections for your income level.
Loan Officer salary in Sioux Falls
Drill down to city-level salary data for Sioux Falls, South Dakota.
Frequently Asked Questions
What is the median loan officer salary in South Dakota?
The median loan officer salary in South Dakota is $63,443, compared to a national median of $77,370.
What is the entry-level loan officer salary in South Dakota?
Entry-level loan officer positions in South Dakota typically pay around $37,320 annually.
What is the senior loan officer salary in South Dakota?
Senior loan officer professionals in South Dakota earn around $89,567 annually.
What is the job growth outlook for loan officer?
The projected 10-year job growth outlook for loan officer positions is 16%, which indicates strong demand in this field.
What education is needed to become a loan officer?
Bachelor's degree in Finance or related field