Loan Officer salary in Bismarck, ND
Loan Officers in the Bismarck, ND metro area earn a median of $83,380 a year ($40.09 an hour), based on BLS data for 220 workers.
Pay ranges from $54,010 for the lowest-paid 10% to $137,160 for the top 10%. That is 9% higher than the national median of $76,690. Pay here is 2% lower than the North Dakota statewide median of $84,650. There are 3.1 loan officers per 1,000 jobs here — the job is 1.8× more common than nationally. The average (mean) salary is $90,020, above the median because a few high earners pull it up.
Pay range for loan officers in Bismarck, ND
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $54,010 | $25.97 |
| 25th percentile | $62,190 | $29.90 |
| Median | $83,380 | $40.09 |
| 75th percentile | $105,070 | $50.52 |
| 90th percentile (top earners) | $137,160 | $65.94 |
| Average (mean) | $90,020 | $43.28 |
Half of loan officers earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $6,948.33 |
| Semi-monthly (24 a year) | $3,474.17 |
| Biweekly (26 a year) | $3,206.92 |
| Weekly | $1,603.46 |
| Hourly | $40.09 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Loan Officer salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Fargo, ND-MN | $93,640 | 390 |
| Grand Forks, ND-MN | $92,820 | 100 |
| Minot, ND | $79,720 | 100 |
Highest-paying states for loan officers
| State | Median salary |
|---|---|
| Massachusetts | $101,600 |
| Connecticut | $95,730 |
| New York | $95,710 |
| Minnesota | $95,170 |
| Colorado | $94,520 |
| Oregon | $94,440 |
| New Jersey | $92,920 |
| District of Columbia | $92,890 |
| Vermont | $88,710 |
| Kansas | $86,970 |
See Loan Officer pay in every state or the North Dakota statewide figures.
Related jobs in Bismarck, ND
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,910 | $36.98 |
| Personal Financial Advisor | $76,030 | $36.55 |
| Financial and Investment Analysts | $71,520 | $34.39 |
| Credit Analyst | $71,520 | $34.39 |
| Insurance Underwriter | $66,930 | $32.18 |
| Financial Examiner | $83,940 | $40.36 |
| Financial Specialists, All Other | $89,740 | $43.15 |
| Property Appraisers and Assessors | $66,190 | $31.82 |
| Project Management Specialist | $88,650 | $42.62 |
| Business Operations Specialists, All Other | $81,330 | $39.10 |
| Human Resources Specialist | $75,980 | $36.53 |
| Management Analyst | $90,590 | $43.55 |
| Market Research Analysts and Marketing Specialists | $62,400 | $30.00 |
| Compliance Officer | $69,940 | $33.62 |
More: Business and Financial Operations Occupations · all salaries in Bismarck, ND
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2072. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a loan officer make in Bismarck, ND?
The median salary for loan officers in the Bismarck, ND metro area is $83,380 a year, or $40.09 an hour. Pay ranges from $54,010 for the lowest-paid 10% to $137,160 for the top 10%.
How much do the highest-paid loan officers make in Bismarck, ND?
The top 10% of loan officers in the Bismarck, ND metro area earn at least $137,160 a year. The top 25% earn $105,070 or more.
What is the starting pay for loan officers in Bismarck, ND?
Entry-level pay (the 10th percentile) is about $54,010 a year, and a quarter of loan officers earn $62,190 or less.
How many loan officers work in Bismarck, ND?
About 220 loan officers are employed in the Bismarck, ND metro area, not counting the self-employed.