State comparison · 2025
Loan Officers salary: Massachusetts vs South Dakota
Loan Officers in Massachusetts earn a median of $101,600. In South Dakota, $79,920. After cost-of-living, the gap is 6.5% — not 27.1%.
Nominal pay gap
+27.1%
Massachusetts vs South Dakota
COL-adjusted gap
+6.5%
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
South Dakota
Loan Officers
- Median
- $79,920
- p25
- $65,570
- p75
- $99,750
- p10
- $58,480
- p90
- $125,080
- COL index (BEA RPP)100 = US average
- 88.6
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.