State comparison · 2025
Loan Officers salary: Massachusetts vs Minnesota
Loan Officers in Massachusetts earn a median of $101,600. In Minnesota, $95,170. After cost-of-living, the gap is 0.5% — not 6.8%.
Nominal pay gap
+6.8%
Massachusetts vs Minnesota
COL-adjusted gap
-0.5%
After BEA Regional Price Parities
Massachusetts
Loan Officers
- Median
- $101,600
- p25
- $79,760
- p75
- $136,940
- p10
- $64,680
- p90
- $198,220
- COL index (BEA RPP)100 = US average
- 105.8
Minnesota
Loan Officers
- Median
- $95,170
- p25
- $73,240
- p75
- $125,550
- p10
- $57,670
- p90
- $163,350
- COL index (BEA RPP)100 = US average
- 98.6
BLS Occupational Employment and Wage Statistics, May 2025. Cost-of-living adjustment from BEA Regional Price Parities (overall index). Hiring velocity from DOL OFLC public disclosure data, recent 180 days vs prior. See methodology.