Loan Officer salary in Sioux City, IA-NE-SD
Loan Officers in the Sioux City, IA-NE-SD metro area earn a median of $81,780 a year ($39.32 an hour), based on BLS data for 140 workers.
Pay ranges from $56,240 for the lowest-paid 10% to $137,420 for the top 10%. That is 7% higher than the national median of $76,690. Pay here is 2% lower than the Iowa statewide median of $83,670. There are 1.8 loan officers per 1,000 jobs here — close to the national average. The average (mean) salary is $91,340, above the median because a few high earners pull it up.
Pay range for loan officers in Sioux City, IA-NE-SD
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $56,240 | $27.04 |
| 25th percentile | $61,950 | $29.78 |
| Median | $81,780 | $39.32 |
| 75th percentile | $102,860 | $49.45 |
| 90th percentile (top earners) | $137,420 | $66.07 |
| Average (mean) | $91,340 | $43.92 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,815 |
| Semi-monthly (24 a year) | $3,407.50 |
| Biweekly (26 a year) | $3,145.38 |
| Weekly | $1,572.69 |
| Hourly | $39.32 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $81,780 salary, see how much house you can afford in Iowa at today's mortgage rates, or work out a payment with the mortgage calculator.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Des Moines-West Des Moines, IA | $101,190 | 650 |
| Iowa City, IA | $98,630 | 120 |
| Lincoln, NE | $97,770 | 420 |
| Cedar Rapids, IA | $85,990 | 190 |
| Ames, IA | $84,470 | 70 |
| Sioux Falls, SD-MN | $81,380 | 690 |
| Omaha, NE-IA | $80,300 | 910 |
| Rapid City, SD | $78,470 | 220 |
| Dubuque, IA | $76,170 | 110 |
| Davenport-Moline-Rock Island, IA-IL | $75,380 | 350 |
| Waterloo-Cedar Falls, IA | $72,990 | 190 |
| Grand Island, NE | $72,310 | 130 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the Iowa statewide figures.
Related jobs in Sioux City, IA-NE-SD
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $78,650 | $37.81 |
| Insurance Underwriter | $74,130 | $35.64 |
| Personal Financial Advisor | $98,200 | $47.21 |
| Financial and Investment Analysts | $80,940 | $38.92 |
| Financial Examiner | $92,440 | $44.44 |
| Property Appraisers and Assessors | $76,480 | $36.77 |
| Tax Preparer | $48,650 | $23.39 |
| Human Resources Specialist | $63,040 | $30.31 |
| Market Research Analysts and Marketing Specialists | $56,230 | $27.03 |
| Training and Development Specialists | $55,780 | $26.82 |
| Buyers and Purchasing Agents | $74,230 | $35.69 |
| Project Management Specialist | $85,130 | $40.93 |
| Business Operations Specialists, All Other | $71,580 | $34.41 |
| Claims Adjusters, Examiners, and Investigators | $82,880 | $39.84 |
More: Business and Financial Operations Occupations · all salaries in Sioux City, IA-NE-SD
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Sioux City, IA-NE-SD?
The median salary for loan officers in the Sioux City, IA-NE-SD metro area is $81,780 a year, or $39.32 an hour. Pay ranges from $56,240 for the lowest-paid 10% to $137,420 for the top 10%.
How much do the highest-paid loan officers make in Sioux City, IA-NE-SD?
The top 10% of loan officers in the Sioux City, IA-NE-SD metro area earn at least $137,420 a year. The top 25% earn $102,860 or more.
What is the starting pay for loan officers in Sioux City, IA-NE-SD?
Entry-level pay (the 10th percentile) is about $56,240 a year, and a quarter of loan officers earn $61,950 or less.
How many loan officers work in Sioux City, IA-NE-SD?
About 140 loan officers are employed in the Sioux City, IA-NE-SD metro area, not counting the self-employed.