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Loan Officers Employment & Job Outlook in North Dakota (2025)

Last updated: 2025 BLS data · Page refreshed:

North Dakota employs 1,370 Loan Officers professionals, below the national average concentration.

Data: BLS OEWS 2025 • North Dakota employment outlook • Updated 2026-05-19

Total Employed
1,370
professionals
Jobs per 1,000
1.37
workers
Location Quotient
0.25
vs national avg
Average Salary
$91K
annual

Below Average Demand in North Dakota

The location quotient (LQ) of 0.25 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.

North Dakota vs National Average

Total Employed
1,370
National: 274,320
0.5% of national
Jobs per 1,000
1.37
National: 5.38
-74.5%
Average Salary
$91K
National: $87K
+4.9%

Top States by Loan Officers Employment

#1
25,790
25,790
employed
#2
21,200
21,200
employed
#3
18,830
18,830
employed
#4
11,340
11,340
employed
#5
10,890
10,890
employed
#6
10,840
10,840
employed
#7
10,700
10,700
employed
#8
10,020
10,020
employed
#9
9,880
9,880
employed
#10
9,540
9,540
employed

What Does a Loan Officers Earn in North Dakota?

The average annual salary for a Loan Officers in North Dakota is $91,760. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.

View full salary breakdown →

Frequently Asked Questions

How many Loan Officers jobs are there in North Dakota?

North Dakota employs approximately 1,370 Loan Officers professionals (2025 BLS data). This ranks North Dakota for this occupation nationwide.

Is Loan Officers in demand in North Dakota?

North Dakota has average or below-average concentration of Loan Officers jobs (LQ: 0.25). A Location Quotient above 1.0 indicates higher-than-average demand.

What is the average salary for Loan Officers in North Dakota?

The average (mean) salary for Loan Officers in North Dakota is $91760/year. See our detailed salary page for percentile breakdowns.

What is a Location Quotient (LQ)?

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.

Which states employ the most Loan Officers professionals?

The top state for Loan Officers employment is California with 25,790 jobs.

Find Your Next Opportunity

Related Pages

Top Cities in North Dakota

Explore cost of living, median household income, and demographics for North Dakota's largest cities.

Top Colleges in North Dakota

Compare tuition, admissions, and graduate outcomes at North Dakota's leading institutions.

Loan Officers Employment in Other States

Compare Loan Officers labor-market data (jobs, location quotient, salary) across the top-employing states.

All Loan Officers & North Dakota Resources

Drill deeper into Loan Officers pay, hiring, and education data for North Dakota.

Data Source

Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2025. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Loan Officers (SOC 132072) in North Dakota.

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