North Dakota employs 1,420 Loan Officers professionals, below the national average concentration.
Data: BLS OEWS 2024 • North Dakota employment outlook • Updated 2026-04-06
The location quotient (LQ) of 0.23 indicates that North Dakota has a below-average concentration of Loan Officers professionals. This may suggest fewer local opportunities compared to other states, though national trends should also be considered.
Note: Location Quotient (LQ) is the ratio of the percentage of workers in an occupation in a given area to the percentage in that occupation nationwide. An LQ > 1.0 means above-average concentration; < 1.0 means below-average.
The average annual salary for a Loan Officers in North Dakota is $93,020. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.
North Dakota employs approximately 1,420 Loan Officers professionals (2024 BLS data). This ranks North Dakota for this occupation nationwide.
North Dakota has average or below-average concentration of Loan Officers jobs (LQ: 0.23). A Location Quotient above 1.0 indicates higher-than-average demand.
The average (mean) salary for Loan Officers in North Dakota is $93020/year. See our detailed salary page for percentile breakdowns.
Location Quotient measures how concentrated an occupation is in a state compared to the national average. LQ > 1.0 means the state has more of that job proportionally. LQ > 1.2 indicates strong demand.
The top state for Loan Officers employment is California with 30,520 jobs.
Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2024. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Loan Officers (SOC 132072) in North Dakota.