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

Financial Analyst Salary in South Dakota

The median financial analyst salary in South Dakota is $83,670 per year, which is 12% below the national median of $95,080.

Median Salary
$83,670
vs National
$-11,410
State Rank
#43 of 50
Cost of Living
88%

Financial Analyst Salary Overview in South Dakota (2026)

South Dakota ranks #43 out of 50 states for financial analyst compensation. Financial Analyst salaries in South Dakota are below the national median, though the lower cost of living can offset the difference. At $83,670 per year, financial analysts in South Dakota earn $11,410 less than the national median of $95,080.

A key advantage of working in South Dakota is its below-average cost of living (88% of the national index). This means the $83,670 salary has the purchasing power of roughly $95,080 in an average-cost area.

The salary spread in South Dakota is significant: financial analysts at the 10th percentile earn $50,336, while those at the 90th percentile bring home $146,608 — a $96,272 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 $87,474.

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). This steady growth indicates stable demand for financial analysts across the country.

Financial Analyst Salary in South Dakota by Experience

In South Dakota, an entry-level financial analyst earns around $52,800, while experienced professionals earn up to $130,240 per year. The cost of living index in South Dakota is 88% of the national average.

Entry Level (0-2 yrs)
$52,800
$-7,200 vs national
Mid Level (3-7 yrs)
$84,480
$-11,520 vs national
Senior Level (8+ yrs)
$130,240
$-17,760 vs national

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Salary Percentiles in South Dakota

Percentile SD Salary
10th Percentile $50,336
25th Percentile $64,064
Median (50th) $83,670
75th Percentile $110,000
90th Percentile $146,608

Financial Analyst Salary by City in South Dakota

The largest employment areas for financial 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 Financial Analyst in South Dakota

Education

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

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook in South Dakota

Nationally, financial analyst employment is projected to grow 8% 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: Financial Analyst Salary in South Dakota

How much does a Financial Analyst make in South Dakota? ▼
The median financial analyst salary in South Dakota is $83,670 per year, which is 12% below the national median of $95,080. Salaries range from $50,336 (10th percentile) to $146,608 (90th percentile).
How much does a Financial Analyst make per hour in South Dakota? ▼
Based on the median annual salary of $83,670, a financial analyst in South Dakota earns approximately $40 per hour assuming a standard 2,080-hour work year.
Is South Dakota a good state for financial analysts? ▼
South Dakota ranks #43 out of 50 states for financial analyst pay. The cost of living index is 88% of the national average. Entry-level financial analysts earn $52,800, while senior professionals earn $130,240.
How does South Dakota compare to other states for financial analyst salary? ▼
The highest paying state for financial analysts is Hawaii at $161,636. South Dakota's median of $83,670 ranks #43 nationally. Nearby-ranked states include Tennessee ($84,621) and Missouri ($83,670).
What is the entry-level financial analyst salary in South Dakota? ▼
An entry-level financial analyst in South Dakota earns approximately $52,800 per year. With 3-7 years of experience, pay increases to around $84,480. Senior-level professionals with 8+ years earn up to $130,240.
What city in South Dakota pays financial analysts the most? ▼
Sioux Falls is the highest paying city in South Dakota for financial analysts, with a median salary of $87,474. Other cities include Rapid City and Aberdeen.