Insurance Underwriter Salary in Rapid City, South Dakota
The median insurance underwriter salary in Rapid City, SD is $70,074 per year, which is 10% below the national median and 2.3% above the South Dakota state average.
Insurance Underwriter Salary in Rapid City by Experience
In Rapid City, an entry-level insurance underwriter earns around $45,000, while experienced professionals earn up to $103,500 per year. The local cost of living index is 90% of the national average.
Salary Percentiles in Rapid City, SD
| Percentile | Rapid City |
|---|---|
| 10th Percentile | $43,740 |
| 25th Percentile | $55,080 |
| Median (50th) | $70,074 |
| 75th Percentile | $90,000 |
| 90th Percentile | $113,760 |
Insurance Underwriter Salary in Other South Dakota Cities
How to Become a Insurance Underwriter in Rapid City
Education
Most insurance underwriter positions require a bachelor's degree. Rapid City and the surrounding South Dakota area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, insurance underwriter employment is projected to grow -2% over the next decade (decline). Demand in Rapid City may vary based on local industry and population growth.