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

Rapid City, SD
$46,827
Pop. 74,703
Brookings, SD
$44,746
Pop. 24,194
Aberdeen, SD
$43,705
Pop. 28,324
Mitchell, SD
$42,665
Pop. 15,660

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.

Find Real Estate Agent Jobs in Sioux Falls

Browse open real estate agent positions in Sioux Falls, SD:

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Frequently Asked Questions: Real Estate Agent Salary in Sioux Falls

How much does a Real Estate Agent make in Sioux Falls, SD? ▼
The median real estate agent salary in Sioux Falls, South Dakota is $47,868 per year, which is 8% below the national median of $52,030. Salaries range from $26,496 (10th percentile) to $103,408 (90th percentile).
How much does a Real Estate Agent make per hour in Sioux Falls? ▼
Based on the median annual salary of $47,868, a real estate agent in Sioux Falls earns approximately $23 per hour assuming a standard 2,080-hour work year.
How does Sioux Falls compare to the South Dakota state average for real estate agent pay? ▼
Sioux Falls's median real estate agent salary of $47,868 is 4.5% above the South Dakota state average of $45,786. 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 real estate agent salary of $47,868 in Sioux Falls 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 Sioux Falls? ▼
Most real estate agent positions in Sioux Falls 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.