Loan Officers Pay Range in North Dakota
Pay distribution across experience levels
- 10th Percentile — Entry Level$58,010
- 25th Percentile — Junior$63,320
- 50th Percentile — Median$84,650
- 75th Percentile — Senior$102,540
- 90th Percentile — Top Earners$146,640
Half of Loan Officers in North Dakota earn more than $84,650. The top 10% make $146,640 or more, while entry-level workers start around $58,010.
Loan Officers in North Dakota: Key Facts
Source: BLS OEWS May 2025
- North Dakota ranks 16th of 51 states for Loan Officers pay, at $91,760 per year (4.5% above the U.S. average of $87,790).
- 1,370 people work as Loan Officers in North Dakota — 0.5% of all U.S. Loan Officers jobs.
- Location quotient 1.81: Loan Officers jobs are more concentrated in North Dakota than in the U.S. overall.
- Pay range: the lowest-paid 10% earn under $58,010; the top 10% earn over $146,640.
- Hourly equivalent: $44.12 per hour (2,080 hours/year).
- The highest-paying state is Massachusetts at $118,390.
- Among business jobs in North Dakota, Project Management Specialists pays the most ($100,790).
Loan Officers Job Market in North Dakota
Key factors affecting compensation
North Dakota's key industries are Energy, Agriculture, Manufacturing, and its job market is rated strong. Loan Officers here earn $91,760 on average, placing the state 16th nationally.
With a cost-of-living index of 0.92 (U.S. = 1.00), a North Dakota salary of $91,760 is roughly equivalent to $99,739 at the national average cost of living.
Compared with nearby states in the pay ranking, New Hampshire ($97,080), Washington ($94,320), Iowa ($93,090) are the closest alternatives for Loan Officers weighing a move.
U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025
Other Business Jobs in North Dakota
Related career salary benchmarks
- Project Management Specialists $100,790/yr North Dakota +9.8% vs this role
- Financial Examiners $90,980/yr North Dakota 0.9% vs this role
- Personal Financial Advisors $90,390/yr North Dakota 1.5% vs this role
- Management Analysts $90,240/yr North Dakota 1.7% vs this role
- Business Operations Specialists All Other $86,860/yr North Dakota 5.3% vs this role
- Compliance Officers $83,830/yr North Dakota 8.6% vs this role
- Financial and Investment Analysts $82,310/yr North Dakota 10.3% vs this role
- Accountants and Auditors $80,090/yr North Dakota 12.7% vs this role
Frequently Asked Questions
Common questions about this salary
What is the average Loan Officers salary in North Dakota?
The average Loan Officers salary in North Dakota is $91,760 per year (median $84,650), which is 4.5% above the national average of $87,790.
How does North Dakota rank for Loan Officers pay?
North Dakota ranks 16th out of 51 states. The highest-paying state is Massachusetts ($118,390/yr).
How much do entry-level Loan Officers make in North Dakota?
The lowest-paid 10% of Loan Officers in North Dakota earn about $58,010 per year and the 25th percentile is $63,320.
How much do Loan Officers make per hour in North Dakota?
About $44.12 per hour, based on the $91,760 annual average and 2,080 working hours per year.
How many Loan Officers work in North Dakota?
BLS counts 1,370 Loan Officers jobs in North Dakota (OEWS May 2025).
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