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Insurance Sales Agent Salary Information in South Dakota

The average annual and hourly salaries for insurance sales agents in the state of South Dakota are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of insurance sales agents amongst South Dakota metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Insurance Sales Agents in South Dakota

Percentile BracketAverage Annual Salary
10th Percentile Wage
$33,030
25th Percentile Wage
$38,120
50th Percentile Wage
$47,650
75th Percentile Wage
$74,170
90th Percentile Wage
$107,560

Table 1 shows the average annual salary for insurance sales agents in South Dakota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $107,560. The median (50th percentile) annual salary is $47,650. The average annual salary for the bottom 10 percent is $33,030.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of insurance sales agents from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$47,650
-9.13% 3.19%
2016
$52,000
2.08% -
2015
$50,920
3.95% -
2014
$48,910
5.72% -
2013
$46,110
-0.04% -
2012
$46,130
- -

Table 3. Median Annual Salary of Insurance Sales Agents in South Dakota Cities

Table 3 shows the median annual salary of insurance sales agents in some South Dakota cities and metropolitan areas. We note that the median annual salary of insurance sales agents in state of South Dakota ranges from $43,560 to $59,160. The highest paying area for insurance sales agents in South Dakota is Sioux Falls with a median annual salary of $59,160. The second highest paying city/area in South Dakota State is Sioux City (mean annual salary $51,400). The lowest paying area is Rapid City with a median annual salary of $43,560.

Cities/Areas Median Annual Salary
Sioux Falls
$59,160
Sioux City
$51,400
Eastern South Dakota nonmetropolitan area
$45,990
Western South Dakota nonmetropolitan area
$44,380
Central South Dakota nonmetropolitan area
$44,340
Rapid City
$43,560




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