Business & Finance South Dakota (SD) Rank #43 of 50

Credit Analyst Salary in South Dakota

The median credit analyst salary in South Dakota is $67,725 per year, which is 12% below the national median of $76,960.

Median Salary
$67,725
vs National
$-9,235
State Rank
#43 of 50
Cost of Living
88%

Credit Analyst Salary Overview in South Dakota (2026)

South Dakota ranks #43 out of 50 states for credit analyst compensation. Credit Analyst salaries in South Dakota are below the national median, though the lower cost of living can offset the difference. At $67,725 per year, credit analysts in South Dakota earn $9,235 less than the national median of $76,960.

A key advantage of working in South Dakota is its below-average cost of living (88% of the national index). This means the $67,725 salary has the purchasing power of roughly $76,960 in an average-cost area.

The salary spread in South Dakota is significant: credit analysts at the 10th percentile earn $40,480, while those at the 90th percentile bring home $110,000 — a $69,520 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in South Dakota for this role is Sioux Falls, where the median reaches $70,803.

Nationally, credit analyst employment is projected to grow 5% over the next decade (faster than average). This steady growth indicates stable demand for credit analysts across the country.

Credit Analyst Salary in South Dakota by Experience

In South Dakota, an entry-level credit analyst earns around $42,240, while experienced professionals earn up to $105,600 per year. The cost of living index in South Dakota is 88% of the national average.

Entry Level (0-2 yrs)
$42,240
$-5,760 vs national
Mid Level (3-7 yrs)
$68,640
$-9,360 vs national
Senior Level (8+ yrs)
$105,600
$-14,400 vs national

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Salary Percentiles in South Dakota

Percentile SD Salary
10th Percentile $40,480
25th Percentile $51,920
Median (50th) $67,725
75th Percentile $88,000
90th Percentile $110,000

Credit Analyst Salary by City in South Dakota

The largest employment areas for credit analysts in South Dakota include Sioux Falls, Rapid City, Aberdeen, and Brookings. Salaries vary by city based on local cost of living and demand.

How to Become a Credit Analyst in South Dakota

Education

Most credit analyst positions require a bachelor's degree. South Dakota has several accredited institutions offering relevant programs.

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook in South Dakota

Nationally, credit analyst employment is projected to grow 5% over the next decade (faster than average). South Dakota's demand may vary based on local industry trends.

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Frequently Asked Questions: Credit Analyst Salary in South Dakota

How much does a Credit Analyst make in South Dakota? ▼
The median credit analyst salary in South Dakota is $67,725 per year, which is 12% below the national median of $76,960. Salaries range from $40,480 (10th percentile) to $110,000 (90th percentile).
How much does a Credit Analyst make per hour in South Dakota? ▼
Based on the median annual salary of $67,725, a credit analyst in South Dakota earns approximately $33 per hour assuming a standard 2,080-hour work year.
Is South Dakota a good state for credit analysts? ▼
South Dakota ranks #43 out of 50 states for credit analyst pay. The cost of living index is 88% of the national average. Entry-level credit analysts earn $42,240, while senior professionals earn $105,600.
How does South Dakota compare to other states for credit analyst salary? ▼
The highest paying state for credit analysts is Hawaii at $130,832. South Dakota's median of $67,725 ranks #43 nationally. Nearby-ranked states include Tennessee ($68,494) and Missouri ($67,725).
What is the entry-level credit analyst salary in South Dakota? ▼
An entry-level credit analyst in South Dakota earns approximately $42,240 per year. With 3-7 years of experience, pay increases to around $68,640. Senior-level professionals with 8+ years earn up to $105,600.
What city in South Dakota pays credit analysts the most? ▼
Sioux Falls is the highest paying city in South Dakota for credit analysts, with a median salary of $70,803. Other cities include Rapid City and Aberdeen.