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

Real Estate Agent Salary in Rapid City, South Dakota

The median real estate agent salary in Rapid City, SD is $46,827 per year, which is 10% below the national median and 2.3% above the South Dakota state average.

City Median
$46,827
vs State Avg
+$1,041
vs National
$-5,203
Cost of Living
90%

Real Estate Agent Salary in Rapid City by Experience

In Rapid City, an entry-level real estate agent earns around $27,000, 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)
$27,000
$-3,000 vs national
Mid Level (3-7 yrs)
$49,500
$-5,500 vs national
Senior Level (8+ yrs)
$99,000
$-11,000 vs national

Salary Percentiles in Rapid City, SD

Percentile Rapid City
10th Percentile $25,920
25th Percentile $31,860
Median (50th) $46,827
75th Percentile $68,580
90th Percentile $101,160

Real Estate Agent Salary in Other South Dakota Cities

How to Become a Real Estate Agent in Rapid City

Education

Most real estate agent positions require a high school diploma. Rapid City 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 Rapid City may vary based on local industry and population growth.