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

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