:
Go
North Dakota Earnings
North Dakota Metropolitan Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
Bismarck MSA
|
$90,020 or $43.28/hr
|
$54,010 or $25.97/hr
|
$137,160 or $65.94/hr
|
|
Fargo ND-MN MSA
|
$96,200 or $46.25/hr
|
$57,980 or $27.88/hr
|
$146,640 or $70.50/hr
|
|
Grand Forks ND-MN MSA
|
$95,050 or $45.70/hr
|
$54,480 or $26.19/hr
|
$145,160 or $69.79/hr
|
|
Minot MSA
|
$88,950 or $42.77/hr
|
$59,390 or $28.55/hr
|
$132,890 or $63.89/hr
|
North Dakota Geographical Areas Wages
|
Region
|
Average
|
Entry Level
|
Experienced
|
|
East North Dakota nonmetropolitan area
|
$90,880 or $43.69/hr
|
$56,160 or $27.00/hr
|
$151,520 or $72.85/hr
|
|
West North Dakota nonmetropolitan area
|
$87,990 or $42.30/hr
|
$59,550 or $28.63/hr
|
$147,990 or $71.15/hr
|
North Dakota's Employment and Outlook (State-wide)
|
Outlook
|
Stable Growth rate is estimated to be 4%
|
|
Job Openings
|
97 estimated annual job openings
|
|
Employment
|
1,379 were employed in this occupation
|
Regions with stable outlook (0 to 20% growth rate expected)
|
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
|
Region 1
|
63
|
10%
|
1
|
4
|
5
|
|
Region 2
|
141
|
6%
|
1
|
10
|
11
|
|
Region 4
|
138
|
0%
|
|
9
|
9
|
|
Region 5
|
466
|
6%
|
3
|
31
|
34
|
|
Region 7
|
279
|
4%
|
1
|
19
|
20
|
|
Region 8
|
84
|
4%
|
|
5
|
5
|
Regions with decreasing outlook (negative growth rate expected)
|
Region
|
Employment
|
Projected Growth Rate
|
Annual Openings (growth)
|
Annual Openings (replacement)
|
Annual Openings
|
|
Region 3
|
83
|
-2%
|
|
5
|
5
|
|
Region 6
|
134
|
-2%
|
|
9
|
9
|
National Earnings
Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.
Where do these numbers come from?
National Employment and Outlook
|
Outlook
|
stable
|
|
|
The employment change from 2024 to 2034 is estimated to be +2%.
(The National average for all occupations is +3%)
|
|
Job Openings
|
very small number
|
|
|
A total of 2030 average annual openings are expected for this occupation between 2024 and 2034.
(The National Average for all occupations is 1,696 openings)
|
|
Employment
|
medium occupation
|
|
|
This was a medium sized occupation in the United States, employing 301,400 workers in 2024.
(The National average for all occupations is 152,838 workers)
|
|
Growth
|
Slower than average growth
|
|
|
Increased demand for loan officers is expected as both businesses and individuals seek credit to finance commercial investments and personal spending. Loan officers will be needed to evaluate the creditworthiness of applicants and determine the likelihood that loans will be paid back in full and on time. However, the decline of bank branches and the increased use of productivity-enhancing technology in loan processing are expected to slow employment growth.
|
|
Industries
|
Large concentrations of this occupation are found in these industries
- Finance and insurance (NAICS520000) (82.5%)
- Credit intermediation and related activities (NAICS522000) (79%)
- Nondepository credit intermediation (NAICS522200) (27.2%)
- Other Nondepository Credit Intermediation (NAICS522290) (23.8%)
|