Business & Finance Mitchell, SD Pop. 15,660

Real Estate Agent Salary in Mitchell, South Dakota

The median real estate agent salary in Mitchell, SD is $42,665 per year, which is 18% below the national median and 6.8% below the South Dakota state average.

City Median
$42,665
vs State Avg
$-3,121
vs National
$-9,365
Cost of Living
82%

Real Estate Agent Salary in Mitchell by Experience

In Mitchell, an entry-level real estate agent earns around $24,600, while experienced professionals earn up to $90,200 per year. The local cost of living index is 82% of the national average.

Entry Level (0-2 yrs)
$24,600
$-5,400 vs national
Mid Level (3-7 yrs)
$45,100
$-9,900 vs national
Senior Level (8+ yrs)
$90,200
$-19,800 vs national

Salary Percentiles in Mitchell, SD

Percentile Mitchell
10th Percentile $23,616
25th Percentile $29,028
Median (50th) $42,665
75th Percentile $62,484
90th Percentile $92,168

Real Estate Agent Salary in Other South Dakota Cities

Sioux Falls, SD
$47,868
Pop. 192,517
Rapid City, SD
$46,827
Pop. 74,703
Brookings, SD
$44,746
Pop. 24,194
Aberdeen, SD
$43,705
Pop. 28,324

How to Become a Real Estate Agent in Mitchell

Education

Most real estate agent positions require a high school diploma. Mitchell and the surrounding South Dakota area have institutions offering relevant programs.

Key Skills

NegotiationMarket AnalysisCustomer ServiceMLS SystemsMarketingContract Knowledge

Job Outlook

Nationally, real estate agent employment is projected to grow 3% over the next decade (as fast as average). Demand in Mitchell may vary based on local industry and population growth.

Find Real Estate Agent Jobs in Mitchell

Browse open real estate agent positions in Mitchell, SD:

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Frequently Asked Questions: Real Estate Agent Salary in Mitchell

How much does a Real Estate Agent make in Mitchell, SD? ▼
The median real estate agent salary in Mitchell, South Dakota is $42,665 per year, which is 18% below the national median of $52,030. Salaries range from $23,616 (10th percentile) to $92,168 (90th percentile).
How much does a Real Estate Agent make per hour in Mitchell? ▼
Based on the median annual salary of $42,665, a real estate agent in Mitchell earns approximately $21 per hour assuming a standard 2,080-hour work year.
How does Mitchell compare to the South Dakota state average for real estate agent pay? ▼
Mitchell's median real estate agent salary of $42,665 is 6.8% below the South Dakota state average of $45,786. The local cost of living index is 82% of the national average.
What is the cost of living in Mitchell, SD? ▼
Mitchell has a cost of living index of 82% compared to the national average. This means a real estate agent salary of $42,665 in Mitchell has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a real estate agent in Mitchell? ▼
Most real estate agent positions in Mitchell require a high school diploma. Key skills include Negotiation, Market Analysis, Customer Service, MLS Systems. The job market is projected to grow 3% nationally over the next decade.