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Loan Officers Salary in Minot, ND

BLS Official DataUpdated 2025-05-31
Median Annual

$79,720

Mean: $88,950

~$62,182 est. take-home

Hourly Rate

$38.33

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

Take-Home Pay Calculator

Estimate your real monthly budget in Minot, ND

$

Tax Breakdown

Federal Income Tax-$5,426
State Income Tax-$1,618
Social Security-$4,943
Medicare-$1,156
Effective Tax Rate16.5%

Monthly Take-Home

$5,548

Annual Take-Home

$66,577

Monthly Budget in Minot

Housing / Rent$1,35024%
Food & Groceries$4007%
Transportation$3506%
Utilities$1803%
Healthcare$2505%
Remaining / Savings$3,01854%
Financial Stress Level
ComfortableGood savings potential
To maintain this lifestyle nationally:$79,720(+0% vs. local median)

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$62,280

Median

$79,720

75th %

$99,040

Median is in the 47th percentile of the typical range

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Loan Officers in other ND cities

Compare the same occupation across cities in ND.

About Loan Officers salaries in Minot, ND

According to the U.S. Bureau of Labor Statistics, the median annual salary for loan officers in Minot, ND is $79,720. This is based on the most recent Occupational Employment and Wage Statistics (OEWS) survey data.

Salaries typically range from $62,280 (25th percentile) to $99,040 (75th percentile), reflecting differences in experience, employer size, and specialization.

The estimated hourly rate is $38.33 per hour, based on a standard 2,080-hour work year.

Frequently Asked Questions

What is the average salary for a loan officers in Minot?

The median salary is $79,720 per year. The mean (average) salary is $88,950.

How much does a loan officers make per hour in Minot?

The estimated hourly rate is $38.33 per hour.

What is the salary range for loan officers in Minot?

Salaries typically range from $62,280 (25th percentile) to $99,040 (75th percentile).