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

Real Estate Agent Salary in Sioux Falls, South Dakota

The median real estate agent salary in Sioux Falls, SD is $47,868 per year, which is 8% below the national median and 4.5% above the South Dakota state average.

City Median
$47,868
vs State Avg
+$2,082
vs National
$-4,162
Cost of Living
92%

Real Estate Agent Salary in Sioux Falls by Experience

In Sioux Falls, an entry-level real estate agent earns around $27,600, 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)
$27,600
$-2,400 vs national
Mid Level (3-7 yrs)
$50,600
$-4,400 vs national
Senior Level (8+ yrs)
$101,200
$-8,800 vs national

Salary Percentiles in Sioux Falls, SD

Percentile Sioux Falls
10th Percentile $26,496
25th Percentile $32,568
Median (50th) $47,868
75th Percentile $70,104
90th Percentile $103,408

Real Estate Agent Salary in Other South Dakota Cities

How to Become a Real Estate Agent in Sioux Falls

Education

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