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How to Become a Loan Interviewers and Clerks in Minnesota

Loan Interviewers and Clerks in Minnesota earn a median salary of $50,070/year, which is 2% above the national average. Minnesota has a state income tax of ~4.0%. After taxes and rent, a loan interviewers and clerks takes home approximately $1,946/month. Most positions require High school diploma or equivalent.

$50K
Median salary in Minnesota
+2%
vs. national average
4.0%
State income tax
3,300
Employed in Minnesota

What a loan interviewers and clerks can afford in Minnesota

Gross annual salary$50,070
Est. monthly take-home (after fed + 4.0% state tax)$3,358/mo
Median 2BR rent (Minnesota)-$1,412/mo
Rent as % of take-home42% (above 30% guideline)
Cost-of-living adjusted salary$50,070/yr (RPP: 100)
Monthly remaining after rent$1,946/mo

Becoming a loan interviewers and clerks in Minnesota

1

Meet education requirements

Loan Interviewers and Clerks positions in Minnesota typically require High school diploma or equivalent. Programs are available at colleges and training institutions across Minnesota. Research accredited programs in your area.

2

Gain required experience

Many loan interviewers and clerks positions in Minnesota require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.

3

Obtain Minnesota licensure or certification

Minnesota may require specific licensing or professional certification for loan interviewers and clerkss. Requirements vary by state — contact the Minnesota Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.

4

Find positions in Minnesota

Minnesota employs 3,300 loan interviewers and clerks. The highest concentrations are in Minneapolis-St. Paul-Bloomington and Rochester.

Loan Interviewers and Clerks salary by metro area in Minnesota

Metro areaMedianHourlyEmployment
Minneapolis-St. Paul-Bloomington$52K$25.01/hr1,970
Rochester$50K$23.94/hr90
St. Cloud$49K$23.34/hr190
Mankato$48K$23/hr50
Duluth$48K$22.84/hr160

Loan Interviewers and Clerks salary range in Minnesota

10th percentile (entry)
$39K
25th percentile
$46K
Median (50th)
$50K
75th percentile
$58K
90th percentile (senior)
$62K
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Full loan interviewers and clerks salary breakdown in Minnesota
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After federal + 4.0% state tax
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Loan Interviewers and Clerks careers in other states

Frequently asked questions

How much does a loan interviewers and clerks make in Minnesota?

The median loan interviewers and clerks salary in Minnesota is $50,070 per year ($24.07/hr). This is 2% above the national median of $48,950. Salaries range from $39,450 to $62,420.

What are the requirements to become a loan interviewers and clerks in Minnesota?

Loan Interviewers and Clerks positions in Minnesota typically require High school diploma or equivalent. Minnesota may have specific licensing or certification requirements. Check with the Minnesota licensing board or department of labor for current requirements.

Can a loan interviewers and clerks afford to live in Minnesota?

At the median salary of $50,070, a loan interviewers and clerks in Minnesota would take home approximately $3,358/month after taxes. With median 2-bedroom rent at $1,412/month, that's 42% of take-home pay going to housing. This exceeds the recommended 30% guideline.

What are the best cities for loan interviewers and clerks in Minnesota?

The highest paying metro areas for loan interviewers and clerks in Minnesota are Minneapolis-St. Paul-Bloomington ($52,020), Rochester ($49,790), St. Cloud ($48,560). However, cost of living varies significantly between metros — a higher salary may not mean more purchasing power.

Does Minnesota have state income tax for loan interviewers and clerks?

Yes, Minnesota has a state income tax rate of approximately 4.0%. On a $50,070 salary, this means roughly $1,978/year in state income tax. Use our take-home pay calculator for a detailed breakdown.