Mortgage Loan Officer Salary in South Dakota (2026)
South Dakota · 13.0% below national average · Medium Demand
| City | Avg Salary | vs National | Demand |
|---|---|---|---|
| Statewide Average | $71,992 | +0% | Medium |
South Dakota is home to a moderate job market for Mortgage Loan Officers. The state's key industries — Agriculture, Finance, Tourism — generate significant demand for skilled professionals. At $71,992 per year, South Dakota's Mortgage Loan Officer salaries are 13.0% lower than the national average.
The cost of living in South Dakota (index: 0.87) makes salaries stretch further than in higher-cost states. Entry-level professionals in South Dakota can expect to earn $38,230–$56,476, while experienced Mortgage Loan Officers can command $97,529–$114,905.
Looking ahead, the Mortgage Loan Officer profession in South Dakota is projected to grow at 2.0% annually. Major employers are actively hiring, and the state's investment in Agriculture continues to drive new opportunities for qualified candidates.
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What is the average Mortgage Loan Officer salary in South Dakota?The average Mortgage Loan Officer salary in South Dakota is $71,992 per year in 2026, which is 13.0% below the national average of $82,750.
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What city in South Dakota pays Mortgage Loan Officers the most?Major metro areas typically pay Mortgage Loan Officers the highest wages in South Dakota due to higher costs of living and competitive job markets.
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Is South Dakota a good state for Mortgage Loan Officers?South Dakota has a moderate job market with major industries in Agriculture, Finance, Tourism. Opportunities exist in for Mortgage Loan Officer employment.
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How does South Dakota Mortgage Loan Officer salary compare to the US average?At $71,992/year, South Dakota Mortgage Loan Officer salaries are 13.0% lower than the national average of $82,750/year.