Loan Interviewers and Clerks Salary
Loan Interviewers and Clerks in Fargo, ND-MN make a median of $54,980 a year, or about $26.43 an hour. The range runs from $45K at the entry level to $72K for experienced workers. Cost of living is below average (RPP 90.87), which stretches that salary to about $60,504 in buying power. A 2-bedroom apartment runs $1,112/month, about 30.2% of take-home, which is tight.
So what does $55K get you in Fargo?
Groceries, utilities, transportation, and healthcare scaled from national averages by Fargo’s Regional Price Parity (90.87). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About loan interviewers and clerks
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What this looks like in Fargo
Loan interviewers and clerks pay in Fargo tracks closely to the national median, $55K locally vs. $50K nationwide, a 10% difference. Rent runs $1,112/month for a 2-bedroom (HUD FMR), taking 29.6% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 90.87 (national = 100), meaning everyday costs run about 9% cheaper here. Your dollar stretches further than the headline salary suggests. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compared to nearby metros
Median pay for loan interviewers and clerks in metros near Fargo, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Bismarck | $58K | $64K |
| Minot | $50K | $57K |
| Grand Forks | $55K | $63K |
| Minneapolis-St. Paul-Bloomington | $56K | $53K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Fargo, ND-MN
Entry-level loan interviewers and clerks (10th percentile) start around $45K. Mid-career wages sit at $55K. Top earners bring in $72K or more, a $27K spread from bottom to top.
Loan Interviewers and Clerks pay across states
Median income ranked highest to lowest, compared to the national figure
View Loan Interviewers and Clerks salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $77K | +54% | 140 |
| Maryland | $59K | +19% | 1,590 |
| Connecticut | $59K | +18% | 970 |
| Massachusetts | $59K | +18% | 2,080 |
| New Jersey | $59K | +17% | 3,620 |
| Washington | $59K | +17% | 3,290 |
| New York | $58K | +16% | 4,780 |
| North Carolina | $58K | +16% | 4,800 |
| Delaware | $58K | +15% | 950 |
| Oregon | $58K | +15% | 1,920 |
| California | $57K | +15% | 14,680 |
| Nevada | $57K | +14% | 1,520 |
| Colorado | $57K | +13% | 2,500 |
| New Hampshire | $56K | +12% | 520 |
| Hawaii | $55K | +11% | 450 |
| Minnesota | $52K | +3% | 2,850 |
| Rhode Island | $52K | +3% | 650 |
| Michigan | $52K | +3% | 7,930 |
| Alaska | $51K | +3% | 330 |
| North Dakota | $51K | +3% | 980 |
| Florida | $51K | +1% | 10,690 |
| Virginia | $50K | +0% | 3,990 |
| Arizona | $50K | +0% | 4,700 |
| Iowa | $50K | +0% | 2,380 |
| Vermont | $50K | +0% | 290 |
| Maine | $50K | +0% | 650 |
| Illinois | $50K | -0% | 6,850 |
| Texas | $50K | -0% | 17,090 |
| Ohio | $49K | -2% | 5,800 |
| Nebraska | $49K | -2% | 1,010 |
| Wisconsin | $49K | -2% | 4,270 |
| Montana | $48K | -3% | 640 |
| Georgia | $48K | -3% | 4,020 |
| Utah | $48K | -4% | 2,820 |
| Idaho | $48K | -4% | 1,240 |
| Wyoming | $48K | -4% | 300 |
| Kentucky | $48K | -4% | 3,690 |
| Kansas | $48K | -5% | 2,770 |
| South Carolina | $48K | -5% | 2,820 |
| Pennsylvania | $47K | -5% | 4,330 |
| Indiana | $47K | -5% | 3,350 |
| Oklahoma | $47K | -6% | 3,300 |
| Missouri | $47K | -6% | 5,080 |
| South Dakota | $47K | -6% | 1,710 |
| Louisiana | $47K | -7% | 2,010 |
| New Mexico | $46K | -8% | 880 |
| Tennessee | $45K | -10% | 3,990 |
| Arkansas | $45K | -10% | 1,970 |
| West Virginia | $42K | -15% | 840 |
| Alabama | $40K | -19% | 2,960 |
| Mississippi | $39K | -22% | 1,770 |
Showing 1–10 of 51 (all 50 states + DC)
Track loan interviewers and clerks salary changes
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Frequently asked questions
Can a loan interviewers and clerk afford a 2BR apartment alone in Fargo?
Yes — at the median salary of $55K, rent takes 29.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,112/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for loan interviewers and clerks in Fargo?
The 10th-percentile wage — what new loan interviewers and clerks typically earn — is $45K/year. Take-home on that works out to about $2,696/month. At HUD’s $1,112/month FMR, rent would take 41% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is loan interviewers and clerk a high-paying job in Fargo?
Pay here is roughly in line with the national average — $55K locally vs. $50K nationally, a 10% difference.
How does Fargo compare to the national average for loan interviewers and clerks?
Fargo pays $55K median vs. the U.S. average of $50K — that’s +10%. After adjusting for local cost of living (RPP 90.87), the purchasing-power equivalent is $61K — still ahead of the national median.
How much do loan interviewers and clerks make in Fargo, ND-MN?
The median is $54,980 a year, that works out to about $26 an hour. But the range is wide: entry-level workers start around $44,940, and experienced loan interviewers and clerks can clear $71,720. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $55K enough to live in Fargo?
On that salary, you'd take home roughly $3,762/month after taxes. A 2-bedroom here rents for about $1,112/month, which eats 29.6% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a loan interviewers and clerks salary go in Fargo?
Fargo has a Regional Price Parity of 90.87 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median loan interviewers and clerks salary is worth about $60,504 in national-average purchasing power.
Where do loan interviewers and clerks get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.