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

Insurance Agent Salary in Rapid City, South Dakota

The median insurance agent salary in Rapid City, SD is $52,074 per year, which is 10% below the national median and 2.3% above the South Dakota state average.

City Median
$52,074
vs State Avg
+$1,157
vs National
$-5,786
Cost of Living
90%

Insurance Agent Salary in Rapid City by Experience

In Rapid City, an entry-level insurance agent earns around $28,800, while experienced professionals earn up to $99,000 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$28,800
$-3,200 vs national
Mid Level (3-7 yrs)
$54,000
$-6,000 vs national
Senior Level (8+ yrs)
$99,000
$-11,000 vs national

Salary Percentiles in Rapid City, SD

Percentile Rapid City
10th Percentile $27,000
25th Percentile $36,000
Median (50th) $52,074
75th Percentile $73,800
90th Percentile $106,200

Insurance Agent Salary in Other South Dakota Cities

How to Become a Insurance Agent in Rapid City

Education

Most insurance agent positions require a high school diploma. Rapid City and the surrounding South Dakota area have institutions offering relevant programs.

Key Skills

SalesInsurance ProductsClient RelationsRisk AssessmentCommunicationCRM

Job Outlook

Nationally, insurance agent employment is projected to grow 6% over the next decade (faster than average). Demand in Rapid City may vary based on local industry and population growth.