Wage information comes from the Bureau of Labor Statistics, Occupational Employment Statistics Program. The OES is a semi-annual survey that provides wage and employment statistics for the nation, each state, and sub-state regions.

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          Wages for Loan Officers in SOUTH DAKOTA

          Location Pay
          Period
          2025
          10% 25% Median 75% 90%
          United States Hourly $18.96 $25.35 $36.87 $50.04 $73.65
          Yearly $39,430 $52,730 $76,690 $104,080 $153,180
          South Dakota Hourly $28.12 $31.52 $38.42 $47.96 $60.14
          Yearly $58,480 $65,570 $79,920 $99,750 $125,080
          Sioux Falls, SD-MN Metro Area Hourly $29.13 $33.26 $39.13 $49.90 $62.67
          Yearly $60,600 $69,180 $81,380 $103,800 $130,360
          East South Dakota Balance of State Hourly $28.23 $31.56 $37.83 $48.02 $58.56
          Yearly $58,730 $65,650 $78,680 $99,880 $121,790
          West South Dakota Balance of State Hourly $28.46 $33.38 $38.51 $47.34 $59.14
          Yearly $59,190 $69,430 $80,100 $98,470 $123,010
          Sioux City, IA-NE-SD Metro Area Hourly $27.04 $29.78 $39.32 $49.45 $66.07
          Yearly $56,240 $61,950 $81,780 $102,860 $137,420
          Rapid City, SD Metro Area Hourly $27.31 $29.31 $37.73 $47.12 $59.04
          Yearly $56,810 $60,950 $78,470 $98,000 $122,810