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

Insurance Agent Salary in South Dakota

The median insurance agent salary in South Dakota is $50,917 per year, which is 12% below the national median of $57,860.

Median Salary
$50,917
vs National
$-6,943
State Rank
#43 of 50
Cost of Living
88%

Insurance Agent Salary in South Dakota by Experience

In South Dakota, an entry-level insurance agent earns around $28,160, while experienced professionals earn up to $96,800 per year. The cost of living index in South Dakota is 88% of the national average.

Entry Level (0-2 yrs)
$28,160
$-3,840 vs national
Mid Level (3-7 yrs)
$52,800
$-7,200 vs national
Senior Level (8+ yrs)
$96,800
$-13,200 vs national

Salary Percentiles in South Dakota

Percentile SD Salary
10th Percentile $26,400
25th Percentile $35,200
Median (50th) $50,917
75th Percentile $72,160
90th Percentile $103,840

Insurance Agent Salary by City in South Dakota

The largest employment areas for insurance agents 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 Insurance Agent in South Dakota

Education

Most insurance agent positions require a high school diploma. South Dakota has several accredited institutions offering relevant programs.

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook in South Dakota

Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). South Dakota's demand may vary based on local industry trends.