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 Pay in Sioux Falls: What to Expect (2026)

Sioux Falls offers a median insurance agent salary of $53,231, which is $2,314 above the South Dakota state average of $50,917. Compared to the national median of $57,860, Sioux Falls pays below the national benchmark for this role.

Sioux Falls's cost of living is 92% 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 insurance agents in Sioux Falls spans from $27,600 at the 10th percentile to $108,560 at the 90th percentile — a $80,960 spread. Entry-level professionals start around $29,440, while senior insurance agents with 8+ years of experience can earn up to $101,200. With a population of 192,517, Sioux Falls is a mid-sized metro with a growing job market.

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

Rapid City, SD
$52,074
Pop. 74,703
Brookings, SD
$49,760
Pop. 24,194
Aberdeen, SD
$48,602
Pop. 28,324
Mitchell, SD
$47,445
Pop. 15,660

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.

Find Insurance Agent Jobs in Sioux Falls

Browse open insurance agent positions in Sioux Falls, SD:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Insurance Agent Salary in Sioux Falls

How much does a Insurance Agent make in Sioux Falls, SD? ▼
The median insurance agent salary in Sioux Falls, South Dakota is $53,231 per year, which is 8% below the national median of $57,860. Salaries range from $27,600 (10th percentile) to $108,560 (90th percentile).
How much does a Insurance Agent make per hour in Sioux Falls? ▼
Based on the median annual salary of $53,231, a insurance agent in Sioux Falls earns approximately $26 per hour assuming a standard 2,080-hour work year.
How does Sioux Falls compare to the South Dakota state average for insurance agent pay? ▼
Sioux Falls's median insurance agent salary of $53,231 is 4.5% above the South Dakota state average of $50,917. The local cost of living index is 92% of the national average.
What is the cost of living in Sioux Falls, SD? ▼
Sioux Falls has a cost of living index of 92% compared to the national average. This means a insurance agent salary of $53,231 in Sioux Falls has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a insurance agent in Sioux Falls? ▼
Most insurance agent positions in Sioux Falls require a high school diploma. Key skills include Sales, Insurance Products, Client Relations, Risk Assessment. The job market is projected to grow 6% nationally over the next decade.