Grand Forks, ND-MN · SOC 13-2072

Loan Officers in Grand Forks

Metro area salary data from the Bureau of Labor Statistics (May 2025)

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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

$54,480$64,010$92,820$116,690$145,160
10th pct25thMedian75th90th pct

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

How much does a Loan Officers make in Grand Forks?
The median annual salary for Loan Officers in Grand Forks, ND-MN is $92,820 ($44.62/hour). The salary range spans from $54,480 at the 10th percentile to $145,160 at the 90th percentile.
Is Grand Forks a good place to work as a Loan Officers?
Loan Officers in Grand Forks, ND-MN earns +21% above the national median of $76,690. There are approximately 100 Loan Officers jobs in this metro area.

Last updated: May 2025 (BLS OEWS annual release). Source: U.S. Bureau of Labor Statistics, OEWS May 2025.

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