Business & Finance Sioux Falls, SD Pop. 192,517

Insurance Agent Salary in Sioux Falls, South Dakota

The median insurance agent salary in Sioux Falls, SD is $53,231 per year, which is 8% below the national median and 4.5% above the South Dakota state average.

City Median
$53,231
vs State Avg
+$2,314
vs National
$-4,629
Cost of Living
92%

Insurance Agent Salary in Sioux Falls by Experience

In Sioux Falls, an entry-level insurance agent earns around $29,440, while experienced professionals earn up to $101,200 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$29,440
$-2,560 vs national
Mid Level (3-7 yrs)
$55,200
$-4,800 vs national
Senior Level (8+ yrs)
$101,200
$-8,800 vs national

Salary Percentiles in Sioux Falls, SD

Percentile Sioux Falls
10th Percentile $27,600
25th Percentile $36,800
Median (50th) $53,231
75th Percentile $75,440
90th Percentile $108,560

Insurance Agent Salary in Other South Dakota Cities

How to Become a Insurance Agent in Sioux Falls

Education

Most insurance agent positions require a high school diploma. Sioux Falls 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 Sioux Falls may vary based on local industry and population growth.