SalaryNode

Average All Occupations Salary in South Dakota

In South Dakota, the average annual salary for All Occupations stands at $55,480, which is notably below the national average of $67,140. This disparity is often influenced by regional economic factors, industry concentration, and the overall demand for labor within the state. Understanding these local dynamics is key to interpreting compensation trends.

Executive Summary

  • Average Salary: $55,480 per year.
  • Growth Trend: Salaries have shifted 23.4% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $89,190.
  • Outlook: South Dakota boasts a substantial workforce of 452,940 individuals, with All Occupations employing 1000 jobs per 1,000 workers. The Location Quotient of 1 indicates that the concentration of these roles in South Dakota is precisely in line with the national average, suggesting a stable and proportionally represented job market for this broad category.
2024 Market Data

Salary Overview

$55,480

The average All Occupations in South Dakota earns-17.4%below the national average.

BreakdownBased on 40h/week
Hourly

$26.7

Weekly

$1,067

Monthly

$4,623

All Occupations Salary Distribution in South Dakota

Salary progression in All Occupations typically scales significantly with experience. Entry-level positions often start at the lower end of the pay scale, while senior and highly specialized roles command substantially higher earnings. The widening gap between entry-level and senior salaries reflects the value placed on accumulated expertise and demonstrated performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
Entry LevelStarting career. Focus on acquiring core skills.10% (Entry)$28,880$13.9
ExperiencedProficient professional working independently.25% (Junior)$41,610$20
Mid-LevelEstablished expert. Standard market value.50% (Median)$45,620$21.9
Senior LevelAdvanced skills, leadership or specialist role.75% (Senior)$69,350$33.3
Top TierIndustry leader / Executive level compensation.90% (Expert)$89,190$42.9

Detailed All Occupations Market Analysis

Relocation Context

Nominal Salary

$55,480

Gross Pay

Real Wage (Purchasing Power)

$60,436

Adjusted for COL (91.8)

The nominal average salary of $55,480 in South Dakota presents a favorable purchasing power scenario, given the state's Cost of Living Index of 91.8, which is below the national average of 100. This means that the earned income in South Dakota generally stretches further, allowing residents to afford more goods and services compared to the national average.

Job Market Context

452,940

Total Jobs

1000

Per 1K Jobs

1

Location Quotient

Above Average

With a location quotient of 1.00, South Dakota has a slightly higher-than-average concentration of All Occupations roles compared to the national norm.

With a Location Quotient of 1, the job market for All Occupations in South Dakota is neither over-concentrated nor under-represented compared to the national landscape. This suggests a balanced competitive environment where demand and supply for labor in these roles are relatively aligned with national proportions.

Nearby Job Markets

Hiring All Occupationss?

Frequently Asked Questions

How much does a All Occupations make in South Dakota?

The median annual salary for a All Occupations in South Dakota is $55,480. This typically ranges from $28,880 for entry-level positions to $89,190 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Dakota is 17.4% lower than the national median of $67,140.

Is South Dakota a lucrative place for All Occupationss?

No, not when compared to the national average.The average salary of $55,480 is significantly lower than the national average of $67,140. However, the lower cost of living index of 91.8 does offer some compensation for the reduced nominal income.

Is South Dakota a good place to live for All Occupations?

With a Cost of Living Index of 91.8 (lower than the national average of 100), your salary goes further here.

How does the cost of living in South Dakota affect the average salary?

South Dakota's cost of living index of 91.8, being below the national average, means that the $55,480 average salary offers a relatively good purchasing power for residents compared to higher cost-of-living states.

What does a Location Quotient of 1 signify for All Occupations in South Dakota?

A Location Quotient of 1 indicates that the proportion of All Occupations jobs in South Dakota is the same as the national average. This suggests a stable and typical representation of these roles within the state's economy.

How large is the workforce for All Occupations in South Dakota?

South Dakota has a total workforce of 452,940, with All Occupations representing 1000 jobs per 1,000 workers, indicating a significant presence of these roles within the state's employment landscape.

Is there significant career growth potential for All Occupations in South Dakota?

While the provided data doesn't detail specific career paths, the general principle of salary increasing with experience typically applies. The percentile gaps in salary usually signify clear pathways for career progression from entry-level to senior positions.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 452,940 employees in the South Dakota area with a job density of 1000 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.