2024 Salary Data

Loan Officers Salary in Grand Forks, ND-MN

Loan Officerss in Grand Forks, ND-MN earn a median salary of $86,510 per year, which is 16.6% higher than the national median.

Median Salary

$86,510

↑16.6%vs national

Entry Level

$51,110

10th percentile

Experienced

$141,100

90th percentile

Employed

100

in Grand Forks, ND-MN

Salary Distribution

Shows salary range from entry-level (10th percentile) to top earners (90th percentile)

How Much Do Loan Officerss Make in Grand Forks, ND-MN?

According to the Bureau of Labor Statistics, Loan Officerss in the Grand Forks, ND-MN metropolitan area earn a median annual salary of $86,510. The salary range varies significantly based on experience, with entry-level positions starting around $51,110 and experienced professionals earning up to $141,100 or more.

Entry Level

0-2 years experience

$51,110 - $61,560

Mid Career

2-8 years experience

$61,560 - $113,820

Senior Level

8+ years experience

$113,820 - $141,100

Grand Forks, ND-MN vs National Average

Grand Forks, ND-MN$86,510

National Average$74,180

Loan Officerss in Grand Forks, ND-MN earn 16.6% more than the national median of $74,180.

Quick Facts

Occupation: Loan Officers
SOC Code: 132072
Location: Grand Forks, ND-MN
Data Year: 2024
Total Employed: 100

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Frequently Asked Questions

What is the average salary for a Loan Officers in Grand Forks, ND-MN?

The median annual salary for Loan Officers in Grand Forks, ND-MN is $86,510, according to Bureau of Labor Statistics data from 2024. This is 16.6% higher than the national median.

What is the starting salary for Loan Officers in Grand Forks, ND-MN?

Entry-level Loan Officers positions in Grand Forks, ND-MN typically start around $51,110 to $61,560 annually (10th to 25th percentile).

How much can experienced Loan Officerss make in Grand Forks, ND-MN?

Experienced Loan Officerss in Grand Forks, ND-MN can earn $113,820 to $141,100 annually (75th to 90th percentile).

How does Loan Officers salary in Grand Forks, ND-MN compare to the national average?

Loan Officerss in Grand Forks, ND-MN earn 16.6% more than the national median of $74,180.

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