The annual salary statistics of wholesale and retail buyers, except farm products in Rapid City, South Dakota is shown in Table 1. The wage statistics of wholesale and retail buyers, except farm products in Rapid City is based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2022 and published in April 2023 [1].
| Percentile Bracket | Average Annual Salary |
|---|---|
| 10th Percentile Wage | $31,980 |
| 25th Percentile Wage | $42,580 |
| 50th Percentile Wage | $53,110 |
| 75th Percentile Wage | $67,940 |
| 90th Percentile Wage | $75,320 |
Table 1 shows the average annual salary for wholesale and retail buyers, except farm products in Rapid City, South Dakota in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $75,320. The median (50th percentile) annual salary is $53,110. The average annual salary for the bottom 10 percent earners is $31,980.
The table and chart below show the trend of the median salary of wholesale and retail buyers, except farm products from 2012 to 2013. Note that there is no salary data for some years between 2012 and 2022.
| Year | Median Salary | Growth | 1-Year Growth |
|---|---|---|---|
| 2013 | $53,110 | 8.53% | 8.53% |
| 2012 | $48,580 | - | - |
From Table 3 we note that the median annual salary of $53,110 in Rapid City is in the middle of salary range for wholesale and retail buyers, except farm products in state of South Dakota. In comparison, the annual salary of wholesale and retail buyers, except farm products in Rapid City is 5.7 percent (5.7%) lower than that in the highest paying Sioux Falls and 8.1 percent (8.1%) higher than that in the lowest paying Eastern South Dakota nonmetropolitan area.
| Cities/Areas | Median Annual Salary |
|---|---|
| Sioux Falls | |
| Western South Dakota nonmetropolitan area | |
| Rapid City | |
| Sioux City | |
| Eastern South Dakota nonmetropolitan area |