Loan Officers Salary in Fargo, ND-MN

BLS Occupational Employment & Wage Statistics • May 2025 • Fargo, ND-MN

Median annual salary $89,860 +21.1% vs national
Median hourly $43.20
10th percentile $55,710
90th percentile $142,450
Employed locally 380
National median $74,180

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Loan Officers
in
Fargo, ND-MN
vs

    Salary percentile breakdown

    10th
    $55,710
    25th
    $64,080
    50th (median)
    $89,860
    75th
    $107,220
    90th
    $142,450

    Fargo economic context

    Unemployment rate 2.30% 2024 annual avg • BLS LAUS
    Median household income $75,523 2023 • Census ACS
    Loan Officers salary vs area income 119% Median Loan Officers salary is 19% above the area median household income

    Top-paying metros for Loan Officers

    Metro areaMedian salary
    Elmira, NY $106,430
    New York-Newark-Jersey City, NY-NJ $102,540
    District of Columbia $102,200
    New York $98,940
    Northern Vermont nonmetropolitan area $97,410
    Des Moines-West Des Moines, IA $97,000

    Nearby metros — Loan Officers salary comparison

    Metro areaMedian salary
    Washington-Arlington-Alexandria, DC-VA-MD-WV $94,840
    San Francisco-Oakland-Fremont, CA $94,110
    Grand Forks, ND-MN $86,510
    Vineland, NJ $82,490
    Bismarck, ND $82,070
    Minot, ND $79,790

    Related occupations in Fargo, ND-MN

    OccupationMedian salary
    Accountants and Auditors $72,550
    Market Research Analysts and Marketing Specialists $61,990
    Business Operations Specialists, All Other $67,490
    Human Resources Specialists $65,880
    Project Management Specialists $88,430
    Management Analysts $80,400

    Frequently asked questions

    How much do Loan Officers make per hour in Fargo?

    The median hourly wage for Loan Officers in Fargo, ND-MN is $43.20, based on BLS OEWS 2025 data. Top earners (90th percentile) make $70.50 or more per hour.

    Is Fargo above or below average for Loan Officers salaries?

    The median Loan Officers salary in Fargo, ND-MN is 21.1% above the national median of $74,180. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Loan Officers in Fargo?

    Entry-level Loan Officers (10th percentile) earn around $55,710 per year in Fargo, ND-MN. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $64,080.