Salaries › Loan Officer › South Dakota
Loan Officer Salary in South Dakota (2026)
$38.42 per hour · take-home ≈ $65,054/year ($5,421/month) for a single filer
South Dakota ranks 18th of 51 states for Loan Officer pay, with a median about 5% above the national average. Of the 1,820 Loan Officer jobs BLS counts in South Dakota, the typical worker earns $79,920 a year — though pay ranges from $58,480 for newcomers to $125,080 at the top.
Loan Officer pay range in South Dakota
| Percentile | Annual wage | Meaning |
| 10th percentile (entry) | $58,480 | Lowest-paid 10% earn less than this |
| 25th percentile | $65,570 | A quarter earn less |
| Median (50th) | $79,920 | Half earn more, half earn less |
| 75th percentile | $99,750 | Top quarter starts here |
| 90th percentile (top) | $125,080 | Highest-paid 10% earn more than this |
BLS reports 1,820 Loan Officer jobs in South Dakota (occupation code 13-2072, “Loan Officers”).
Gross vs. take-home in South Dakota
A median Loan Officer salary of $79,920 doesn’t all reach your bank account. After federal income tax, Social Security, and Medicare (no state income tax in South Dakota), a single filer keeps about $65,054 — an effective tax rate of 18.6%.
| Gross (median) | $79,920 |
| Federal income tax | −$8,752 |
| Social Security + Medicare | −$6,114 |
| South Dakota state income tax | −$0 |
| Take-home (annual) | $65,054 |
| Take-home (monthly) | $5,421 |
Want your exact numbers — married, 401(k), different salary? Use the free South Dakota paycheck calculator on PaycheckTally.
Frequently asked questions
- How much does a Loan Officer make in South Dakota?
- The median Loan Officer salary in South Dakota is $79,920 per year ($38.42 per hour) according to the latest BLS data. The middle 50% earn between $65,570 and $99,750.
- What is the take-home pay for a Loan Officer in South Dakota?
- On the median salary of $79,920, a single filer in South Dakota takes home about $65,054 per year ($5,421 per month) after federal tax, FICA — an effective tax rate of 18.6%.
- How many Loan Officer jobs are there in South Dakota?
- BLS counts 1,820 Loan Officer jobs in South Dakota in the latest survey (May 2025).
Top-paying states for Loan Officers
Other salaries in South Dakota
Sources and methodology
Wage and employment figures: BLS OEWS May 2025 (state file, released April 2026) — the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics survey, the most authoritative public salary dataset. Take-home estimate: 2026 federal brackets, FICA, and verified South Dakota state tax rules (single filer, standard deduction, no credits or local taxes). Estimates only — not financial advice.
- BLS OEWS — official occupational wage data.
- PaycheckTally — interactive 2026 take-home calculator for South Dakota.