How Much Do Loan Officers Make in Minnesota?
Median wage from BLS May 2025 — and the after-tax number the salary sites skip. Tax year 2026.
Quick answer
According to payandtaxes.com's analysis of BLS May 2025 data and 2026 tax law, the median Loan Officers in Minnesota earns $95,170 per year and takes home $70,834 ($5,903/month) — a keep-rate of 74.4%, with 6,430 employed in the state.
Free. No signup. Single filer, standard deduction — full model.
| Gross pay | $7,930.83 |
| Federal income tax | $1,008.94 |
| Social Security | $491.71 |
| Medicare | $115.00 |
| Minnesota state income tax | $412.35 |
| You keep | $5,902.84 |
How much do Loan Officers make in Minnesota?
The median Loan Officers in Minnesota earns $95,170 per year (BLS May 2025), about $45.76 per hour.
What is that after taxes?
$95,170 gross in Minnesota keeps $70,834 after federal income tax ($12,107), FICA ($7,281) and state income tax ($4,948) — $5,903 per month, a 74.4% keep-rate.
How does Minnesota compare to the national median for Loan Officers?
The Minnesota median is $18,480 above the national median of $76,690.
Which state pays Loan Officers the most?
Massachusetts has the highest median gross for Loan Officers at $101,600 — but compare take-home, not gross: state taxes change the order.
Loan Officers salary in every state · Minnesota paycheck calculator · Minnesota minimum wage