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

Financial Analyst Salary in Rapid City, South Dakota

The median financial analyst salary in Rapid City, SD is $85,572 per year, which is 10% below the national median and 2.3% above the South Dakota state average.

City Median
$85,572
vs State Avg
+$1,902
vs National
$-9,508
Cost of Living
90%

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

Rapid City offers a median financial analyst salary of $85,572, which is $1,902 above the South Dakota state average of $83,670. Compared to the national median of $95,080, 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 financial analysts in Rapid City spans from $51,480 at the 10th percentile to $149,940 at the 90th percentile — a $98,460 spread. Entry-level professionals start around $54,000, while senior financial analysts with 8+ years of experience can earn up to $133,200. Rapid City is a smaller market (pop. 74,703), which may mean fewer openings but also less competition for available positions.

Financial Analyst Salary in Rapid City by Experience

In Rapid City, an entry-level financial analyst earns around $54,000, while experienced professionals earn up to $133,200 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$54,000
$-6,000 vs national
Mid Level (3-7 yrs)
$86,400
$-9,600 vs national
Senior Level (8+ yrs)
$133,200
$-14,800 vs national

Salary Percentiles in Rapid City, SD

Percentile Rapid City
10th Percentile $51,480
25th Percentile $65,520
Median (50th) $85,572
75th Percentile $112,500
90th Percentile $149,940

Financial Analyst Salary in Other South Dakota Cities

Sioux Falls, SD
$87,474
Pop. 192,517
Brookings, SD
$81,769
Pop. 24,194
Aberdeen, SD
$79,867
Pop. 28,324
Mitchell, SD
$77,966
Pop. 15,660

How to Become a Financial Analyst in Rapid City

Education

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

Key Skills

Financial ModelingExcelBloomberg TerminalValuationData AnalysisPresentation

Job Outlook

Nationally, financial analyst employment is projected to grow 8% over the next decade (faster than average). Demand in Rapid City may vary based on local industry and population growth.

Find Financial Analyst Jobs in Rapid City

Browse open financial analyst positions in Rapid City, SD:

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Frequently Asked Questions: Financial Analyst Salary in Rapid City

How much does a Financial Analyst make in Rapid City, SD? ▼
The median financial analyst salary in Rapid City, South Dakota is $85,572 per year, which is 10% below the national median of $95,080. Salaries range from $51,480 (10th percentile) to $149,940 (90th percentile).
How much does a Financial Analyst make per hour in Rapid City? ▼
Based on the median annual salary of $85,572, a financial analyst in Rapid City earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Rapid City compare to the South Dakota state average for financial analyst pay? ▼
Rapid City's median financial analyst salary of $85,572 is 2.3% above the South Dakota state average of $83,670. 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 financial analyst salary of $85,572 in Rapid City has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial analyst in Rapid City? ▼
Most financial analyst positions in Rapid City require a bachelor's degree. Key skills include Financial Modeling, Excel, Bloomberg Terminal, Valuation. The job market is projected to grow 8% nationally over the next decade.