EMPLOYMENT DATA

WHAT ARE THE AVERAGE
Wages & salaries for Loan officers in Rochester, MN ?

Overview
Every year U.S. Department of Labor's Bureau of Labor Statistics releases employment and wage figures. This data was released in May 2006 and covers Wages & salaries for Loan officers in Rochester, MN

Loan officers (Occupation [OCC] code: 13-2072) in Rochester, MN (BLS Area code: 40340 ) earned an average wage of $23.09 per hour and an average annual salary of $48,040

The BLS estimates that in Rochester, MN there were around 280 employed in the field of Loan officers.



Industry Comparison
Industry comparison
Loan officers in Rochester, MN earned 22% less than average for Loan officers in the United States.

Region/area/city comparison
Loan officers in Rochester, MN earned 11% more than the average worker in Rochester, MN.

State salary comparison
Loan officers in Rochester, MN earned 16% more than the average worker in Minnesota.

National salary comparison
Loan officers in Rochester, MN earned 23% more than the average worker in the United States.

Wage and salary details
More detailed employment information for Loan officers in Rochester, MN

Hourly wage data for Loan officers in Rochester, MN

Mean hourly wage:$23.09
Tenth (10th) percentile hourly wage:$15.88
Twenty-fifth (25th) percentile hourly wage:$18.25
Fiftieth (50th) percentile wage [median] hourly wage:$21.44
Seventy-fifth (75th) percentile hourly wage:$26.60
Ninetieth (90th) percentile hourly wage:$33.77


Salary figures for Loan officers in Rochester, MN

Mean annual salary:$48,040
Tenth (10th) percentile annual salary:$33,020
Twenty-fifth (25th) percentile annual salary:$37,950
Fiftieth (50th) percentile wage [median] annual salary:$44,600
Seventy-fifth (75th) percentile annual salary:$55,330
Ninetieth (90th) percentile annual salary:$70,230

Index




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