Loan Officers Hourly Wage in North Dakota (2024)

The median hourly wage for Loan Officers in North Dakota is $41.56/hour, based on 2024 BLS data.

Data: BLS OEWS 2024 • North Dakota hourly wage data • Updated 2026-04-06

Entry-Level (P10)
$23.6
/hour
Median (P50)
$41.56
/hour
Senior (P90)
$74.37
/hour

Annual Salary Equivalent

$86,440
Based on 2,080 work hours/year (40 hours/week, 52 weeks/year). View annual salary page.

North Dakota vs National Average

Entry-Level (P10)
$23.6
National: $18.66
+26.5%
Median (P50)
$41.56
National: $33.99
+22.3%
Senior (P90)
$74.37
National: $67.14
+10.8%

Hourly Wage Breakdown by Percentile

Percentile Hourly Rate Weekly (×40h) Monthly (×173.3h) Annual (×2,080h)
Entry-Level (P10) $23.6 $944 $4091 $49,090
Q1 (P25) $29.86 $1194 $5176 $62,110
Median (P50) $41.56 $1662 $7203 $86,440
Q3 (P75) $51.59 $2064 $8942 $107,300
Senior (P90) $74.37 $2975 $12891 $154,690

Note: Weekly = hourly × 40 hours. Monthly = hourly × 173.3 hours (avg). Annual = hourly × 2,080 hours.

Highest-Paying States for Loan Officers

#1
$48.18
$48.18/hr
+41.7%
#2
$46.78
$46.78/hr
+37.6%
#3
$46.61
$46.61/hr
+37.1%
#4
$41.56
$41.56/hr
+22.3%
#5
$39.69
$39.69/hr
+16.8%
#6
$39.58
$39.58/hr
+16.4%
#7
$38.24
$38.24/hr
+12.5%
#8
$38.22
$38.22/hr
+12.4%
#9
$37.52
$37.52/hr
+10.4%
#10
$37.05
$37.05/hr
+9.0%

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Frequently Asked Questions

What is the average hourly wage for Loan Officers in North Dakota?

The median hourly wage for Loan Officers in North Dakota is $41.56/hour (2024 BLS data). This equals approximately $86,440.0 per year based on 2,080 work hours.

How does North Dakota Loan Officers hourly pay compare to national average?

The median hourly rate for Loan Officers in North Dakota is $41.56/hr compared to the national average of $33.99/hr — higher by $7.57/hr.

What is the entry-level hourly rate for Loan Officers in North Dakota?

Entry-level Loan Officers professionals in North Dakota earn approximately $23.6/hour (10th percentile), which equals $49,090.0/year. Senior-level professionals earn $74.37/hour.

How much does a senior Loan Officers make per hour in North Dakota?

Senior-level Loan Officers professionals in North Dakota (90th percentile) earn approximately $74.37/hour, or $154,690.0/year.

How is hourly wage calculated from annual salary?

Hourly wages are calculated by dividing annual salary by 2,080 hours (52 weeks × 40 hours/week). This is the standard full-time conversion used by the Bureau of Labor Statistics.

Related Salary Pages

Data Source

Hourly wage data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2024. This data reflects median and percentile wages for Loan Officers (SOC 132072) in North Dakota.

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