Loan Officer Salary in North Dakota
The median loan officer salary in North Dakota is $59,166 per year, which is 10% below the national median of $65,740.
Loan Officer Salary in North Dakota by Experience
In North Dakota, an entry-level loan officer earns around $34,200, while experienced professionals earn up to $117,000 per year. The cost of living index in North Dakota is 90% of the national average.
Salary Percentiles in North Dakota
| Percentile | ND Salary |
|---|---|
| 10th Percentile | $31,680 |
| 25th Percentile | $40,860 |
| Median (50th) | $59,166 |
| 75th Percentile | $90,000 |
| 90th Percentile | $138,420 |
Major Cities for Loan Officers in North Dakota
The largest employment areas for loan officers in North Dakota include Fargo, Bismarck, Grand Forks, and Minot. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Loan Officer in North Dakota
Education
Most loan officer positions require a bachelor's degree. North Dakota has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in North Dakota
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). North Dakota's demand may vary based on local industry trends.