Based on the latest Bureau of Labor Statistics OEWS data — updated September 10, 2026.
| South Dakota | National | Difference | |
|---|---|---|---|
| Median annual salary | $79,920 | $75,854 | +5% |
| Median hourly wage | $38.42 | $36.47 | +5% |
Adjusted for local price levels (100 = national average), the cost-adjusted median is $90,203.
| City | Median | Entry Level | Experienced | Cost of Living |
|---|---|---|---|---|
| City-level data coming soon. | ||||
The median annual salary for a Loan Officer in South Dakota is $79,920, or about $38.42 per hour, according to BLS OEWS data.
The national median for Loan Officers is $75,854. South Dakota is +5% above the national median.
Entry-level loan officers in South Dakota typically earn from varies by experience depending on the city and employer.
With 1,820 loan officer jobs on record and a median salary of $79,920, South Dakota offers above-average pay compared to the rest of the country.
By median annual wage, loan officers rank 105 of the 563 occupations reported in South Dakota — higher than 81% of them.
Among occupations in the same job family, Personal Financial Advisors at $128,720, Financial and Investment Analysts at $99,150, Financial Examiners at $88,690 — all figures are median annual wages for South Dakota.
No. Every figure on this page is a gross (pre-tax) wage. South Dakota has no state income tax on wages, so take-home pay is closer to the gross figures shown here. The state's cost of living index is 93.0 (100 = national average).
By median annual wage, loan officers rank 105 of the 563 occupations reported in South Dakota — higher than 81% of them.
| Occupation in the same job family | Median in South Dakota | Jobs |
|---|---|---|
| Personal Financial Advisors | $128,720 | $620 |
| Financial and Investment Analysts | $99,150 | $820 |
| Financial Examiners | $88,690 | $150 |
| Financial Specialists, All Other | $86,260 | $90 |
| Business Operations Specialists, All Other | $85,340 | $940 |
| Management Analysts | $83,620 | $2,980 |
South Dakota has no state income tax on wages, so take-home pay is closer to the gross figures shown here. The state's cost of living index is 93.0 (100 = national average).
Ranking and comparison figures come from the same BLS OEWS release as the rest of this page, which covers 563 occupations in South Dakota.