Business & Finance Rapid City, SD Pop. 74,703

Credit Analyst Salary in Rapid City, South Dakota

The median credit analyst salary in Rapid City, SD is $69,264 per year, which is 10% below the national median and 2.3% above the South Dakota state average.

City Median
$69,264
vs State Avg
+$1,539
vs National
$-7,696
Cost of Living
90%

Credit Analyst Pay in Rapid City: What to Expect (2026)

Rapid City offers a median credit analyst salary of $69,264, which is $1,539 above the South Dakota state average of $67,725. Compared to the national median of $76,960, Rapid City pays below the national benchmark for this role.

Rapid City's cost of living is 90% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for credit analysts in Rapid City spans from $41,400 at the 10th percentile to $112,500 at the 90th percentile — a $71,100 spread. Entry-level professionals start around $43,200, while senior credit analysts with 8+ years of experience can earn up to $108,000. Rapid City is a smaller market (pop. 74,703), which may mean fewer openings but also less competition for available positions.

Credit Analyst Salary in Rapid City by Experience

In Rapid City, an entry-level credit analyst earns around $43,200, while experienced professionals earn up to $108,000 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$43,200
$-4,800 vs national
Mid Level (3-7 yrs)
$70,200
$-7,800 vs national
Senior Level (8+ yrs)
$108,000
$-12,000 vs national

Salary Percentiles in Rapid City, SD

Percentile Rapid City
10th Percentile $41,400
25th Percentile $53,100
Median (50th) $69,264
75th Percentile $90,000
90th Percentile $112,500

Credit Analyst Salary in Other South Dakota Cities

How to Become a Credit Analyst in Rapid City

Education

Most credit analyst positions require a bachelor's degree. Rapid City and the surrounding South Dakota area have institutions offering relevant programs.

Key Skills

Financial AnalysisCredit RiskExcelFinancial StatementsReport WritingAttention to Detail

Job Outlook

Nationally, credit analyst employment is projected to grow 5% over the next decade (faster than average). Demand in Rapid City may vary based on local industry and population growth.

Find Credit Analyst Jobs in Rapid City

Browse open credit analyst positions in Rapid City, SD:

Frequently Asked Questions: Credit Analyst Salary in Rapid City

How much does a Credit Analyst make in Rapid City, SD? ▼
The median credit analyst salary in Rapid City, South Dakota is $69,264 per year, which is 10% below the national median of $76,960. Salaries range from $41,400 (10th percentile) to $112,500 (90th percentile).
How much does a Credit Analyst make per hour in Rapid City? ▼
Based on the median annual salary of $69,264, a credit analyst in Rapid City earns approximately $33 per hour assuming a standard 2,080-hour work year.
How does Rapid City compare to the South Dakota state average for credit analyst pay? ▼
Rapid City's median credit analyst salary of $69,264 is 2.3% above the South Dakota state average of $67,725. The local cost of living index is 90% of the national average.
What is the cost of living in Rapid City, SD? ▼
Rapid City has a cost of living index of 90% compared to the national average. This means a credit analyst salary of $69,264 in Rapid City has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a credit analyst in Rapid City? ▼
Most credit analyst positions in Rapid City require a bachelor's degree. Key skills include Financial Analysis, Credit Risk, Excel, Financial Statements. The job market is projected to grow 5% nationally over the next decade.