Loan Officers Salary in North Dakota

Loan officers in North Dakota earn the most in Fargo (average $96,200 a year) and the least in Minot ($88,950), across the 4 North Dakota metro areas we cover. Statewide, BLS puts the loan officers average at $91,760 and the median at $84,650 for 1,370 workers. The U.S. average for this job is $87,790.

Loan Officers average salary by city in North Dakota

Fargo$96,200
Grand Forks$95,050
Bismarck$90,020
Minot$88,950

Pay, take-home pay and cost of living

City	Average	Median	25th pct.	Take-home*	Cost of living
Fargo	$96,200	$93,640	$72,210	$75,911	91
Grand Forks	$95,050	$92,820	$64,010	$75,125	87
Bismarck	$90,020	$83,380	$62,190	$71,684	91
Minot	$88,950	$79,720	$62,280	$70,952	87

*Average salary after federal and state taxes for a single filer. Cost of living: BEA price parity, U.S. = 100.

Loan Officers salary in other states

Loan Officers salary by city and state

More about pay in North Dakota

Sources and how to read this page

Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2072.
U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.

Read the full methodology. Spotted an error? Tell us.