Average Insurance Agent Salary in South Dakota
Finance · Updated 2024 · Based on BLS and industry data
Salary Overview
The average Insurance Agent in South Dakota earns $57,500 per year, which is below the national average of $59,080. This translates to approximately $27.64 per hour, $2,212 biweekly, or $4,792 per month before taxes.
The cost of living in South Dakota is 9% below the national average, meaning your salary goes further here compared to higher-cost states.
Salary Range
| Percentile | Annual Salary | Hourly Rate |
|---|---|---|
| Entry Level (25th) | $43,100 | $20.72 |
| Average (50th) | $57,500 | $27.64 |
| Experienced (75th) | $66,100 | $31.79 |
| Top Earners (90th) | $74,800 | $35.96 |
Insurance Agent Salary by City in South Dakota
| City | Average Salary | Monthly |
|---|---|---|
| Sioux Falls | $62,100 | $5,175/mo |
| Rapid City | $58,600 | $4,883/mo |
| Aberdeen | $56,400 | $4,700/mo |
| Brookings | $54,600 | $4,550/mo |
| Watertown | $53,500 | $4,458/mo |
Career Quick Facts
| Detail | Information |
|---|---|
| Job Category | Finance |
| Typical Education | High school diploma |
| Job Growth (2022-2032) | 6% (nationwide) |
| State Income Tax | No state income tax |
| State Minimum Wage | $11.20/hr |
| Cost of Living Index | 0.91 (-9% vs national avg) |
Top Employers in South Dakota
Major employers hiring Insurance Agents in South Dakota include Sanford Health, Avera Health, Citibank, Raven Industries, and Black Hills Corp. These companies and organizations offer competitive salaries and benefits packages for finance professionals.
Calculate Your South Dakota Take-Home Pay
Want to see your actual paycheck after taxes? Use our free South Dakota Take-Home Pay Calculator to see exactly how much you'll take home based on your salary, filing status, and deductions.
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