Loan Officers pay range in St. Cloud
New workers and the lowest-paid 10% earn about $55,730 a year or less, while the top 10% make $160,200 or more. The middle half of loan officers in St. Cloud earn between $64,110 and $125,650.
- $56K10th
- $64K25th
- $93KMedian
- $126K75th
- $160K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $98,860 | $8,238 | $47.53 |
| Median | $92,570 | $7,714 | $44.50 |
| Entry level (25th percentile) | $64,110 | $5,342 | $30.82 |
| Experienced (75th percentile) | $125,650 | $10,471 | $60.41 |
*Hourly figures assume 2,080 paid hours a year.
Loan Officers salary after taxes in St. Cloud
On the average salary of $98,860, a single filer in St. Cloud takes home about $73,179 a year, or $6,098 a month and $2,815 every two weeks. Taxes take 26% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
Is St. Cloud a good place for loan officers? Pay vs. cost of living
Prices in the St. Cloud area are 12% below the U.S. average (BEA price parity 87.6), so the average $98,860 buys what about $112,813 would buy in a typical U.S. metro. This job pays 1.8 times the median wage of all jobs in St. Cloud ($50,840). A typical home costs $318,864, or 3.2 years of this average salary before tax.
Loan Officers salary in other Minnesota cities
St. Cloud ranks 4th of 5 Minnesota metro areas for this job; Minneapolis pays the most ($110,870).
- Minneapolis$110,870
- Rochester$104,910
- Mankato$101,670
- St. Cloud$98,860
- Duluth$83,980
Highest-paying cities for loan officers
Elmira, NY pays this job the most of the metro areas we cover ($129,370).
- Elmira, NY$129,370
- New York, NY$121,180
- Boston, MA$120,300
- San Francisco, CA$116,480
- Norwich, CT$116,460
Does this match what you are paid?
Anonymous, no account. Results update as visitors answer.
Share your pay anonymously
Loan Officers salary in St. Cloud: questions
How much do loan officers make an hour in St. Cloud?
$47.53 an hour on average, and $44.51 at the median (BLS, May 2025).
What is the entry-level loan officers salary in St. Cloud?
The lowest-paid 10% earn about $55,730 a year and the 25th percentile is $64,110, a fair guide to starting pay.
What is the loan officers take-home pay in St. Cloud?
About $73,179 a year ($6,098 a month) for a single filer on the average salary of $98,860. Minnesota Paid Leave premiums are not included.
Do loan officers earn more in St. Cloud than elsewhere?
The average here is 11% more than the U.S. metro average for this job ($88,726).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072; area St. Cloud, MN (41060). Relative standard error of the mean wage: 2.8%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2026 rules). Minnesota Paid Leave premiums are not included.
- Job concentration: location quotient 1.65, this job is 1.6 times as concentrated as in the U.S. overall.
Read the full methodology. Spotted an error? Tell us.