Grand Forks, ND-MN · SOC 13-2072
Loan Officers in Grand Forks
Metro area salary data from the Bureau of Labor Statistics (May 2025)
Median Salary
$92,820
per year in Grand Forks
+21% above
National Median
$76,690
per year nationally
Hourly Rate
$44.62/hr
median hourly
Employment
100
jobs in Grand Forks
BLS metro-level wage data places Loan Officers pay in Grand Forks, ND-MN at a median of $92,820 per year ($44.62/hr/hour), drawn from the OEWS May 2025 release for this Metropolitan Statistical Area. Compared to the national median of $76,690, Grand Forks pays +21% above, signaling either concentrated employer demand, a cost-of-living premium, or both. Approximately 100 loan officerss are employed across the Grand Forks MSA in SOC 13-2072.
The Grand Forks pay distribution spans from $54,480 at the 10th percentile to $145,160 at the 90th — a 2.7× spread that reflects experience tenure, specialization, employer size, and the difference between public-sector, nonprofit, and private-sector compensation inside the metro. The 25th percentile sits at $64,010 and the 75th at $116,690, so half of Grand Forks-based loan officerss earn within that middle band.
Metro figures capture where you actually work, not just where you live — which matters for commuters. BLS draws metro boundaries from the OMB MSA definitions, so Grand Forks, ND-MN covers the central city plus outlying counties tied to the metro economically. Remember that OEWS wages reflect base pay only: employer-provided health insurance, retirement matches, stock options, signing bonuses, overtime, and tips are excluded and can add 20-40% to real total compensation. Before using this metro median as a negotiation anchor, triangulate against the same occupation's national profile (linked below), its state-wide ND data, and peer-metro comparisons — a median is a starting point, not a ceiling.
Salary Range in Grand Forks
Annual Salary Distribution
10th Percentile
$54,480
25th Percentile
$64,010
Median
$92,820
75th Percentile
$116,690
90th Percentile
$145,160
Top Paying Jobs in Grand Forks
Similar Occupations in Grand Forks
Other roles inside the Grand Forks, ND-MN MSA from the same SOC major group.
Frequently Asked Questions
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Read our methodology — how this data is sourced, computed, and verified.