As of March 01, 2025, the average annual salary for an Entry Level Loan Officer in South Dakota is $45,101. Salary.com reports that pay typically ranges from $38,801 to $52,601, with most professionals earning between $33,065 and $59,429.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $58,414 | $4,868 | $1,123 | $28 |
| Average | $50,131 | $4,178 | $964 | $24 |
| 25th Percentile | $43,061 | $3,588 | $828 | $21 |
An entry-level Entry Level Loan Officer with under 1 year experience makes about $43,576. With less than 2 years of experience, a mid-level Entry Level Loan Officer makes around $44,316. After 2-4 years, the Entry Level Loan Officer pay rises to about $45,822. Those senior Entry Level Loan Officer with 5-8 years of experience earn roughly $46,702, and those Entry Level Loan Officer having 8 years or more experience are expected to earn about $46,922 on average.
| Levels | Salary |
|---|---|
| Entry Level Entry Level Loan Officer | $43,576 |
| Intermediate Level Entry Level Loan Officer | $44,316 |
| Senior Level Entry Level Loan Officer | $45,822 |
| Specialist Level Entry Level Loan Officer | $46,702 |
| Expert Level Entry Level Loan Officer | $46,922 |
| Entry Level | 13% |
| Mid Level | 12% |
| Senior Level | 9% |
| Top Level | 7% |
| Experienced | 6% |
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Entry Level Loan Officer salary varies from city to city. Compared with national average salary of Entry Level Loan Officer, the highest Entry Level Loan Officer salary is in San Francisco, CA, where the Entry Level Loan Officer salary is 25.0% above. The lowest Entry Level Loan Officer salary is in Miami, FL, where the Entry Level Loan Officer salary is 3.5% lower than national average salary.
| City, State | Price | Compared to national average |
|---|---|---|
| San Francisco, CA | $62,701 |
25.0%
|
| Washington, DC | $55,801 |
11.3%
|
| Miami, FL | $48,401 |
|
| Chicago, IL | $52,601 |
4.9%
|
| Boston, MA | $56,201 |
12.1%
|
| New York, NY | $58,601 |
16.8%
|
