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Average Business Teachers, Postsecondary Salary in South Dakota

Business Teachers, Postsecondary in South Dakota earn an average annual salary of $79,290. This figure is notably below the national average of $108,950. Local economic factors, including the specific demand for these educators and the overall compensation structures within the state's educational institutions, contribute to this regional pay differential.

Executive Summary

  • Average Salary: $79,290 per year.
  • Growth Trend: Salaries have shifted 6.9% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $126,910.
  • Outlook: With a local workforce of 230 Business Teachers, Postsecondary, South Dakota presents a relatively stable, albeit niche, job market. The Location Quotient of 0.97 suggests a concentration of these professionals that is almost on par with the national average, indicating a steady but not exceptionally high demand for their specialized skills within the state.
2024 Market Data

Salary Overview

$79,290

The average Business Teachers, Postsecondary in South Dakota earns-27.2%below the national average.

BreakdownBased on 40h/week
Hourly

$38.1

Weekly

$1,525

Monthly

$6,608

Business Teachers, Postsecondary Salary Distribution in South Dakota

Career progression for Business Teachers, Postsecondary in South Dakota typically involves salary increases commensurate with experience. Entry-level positions may start at a lower percentile, while seasoned educators with extensive teaching and industry experience can command salaries in the higher percentiles, reflecting a clear career trajectory and increased value to institutions.

Experience LevelMarket PercentileAnnual WageHourly Rate
ProbationaryInitial licensure. Mentored by senior faculty.10% (Entry)$50,750$24.4
Tenured / ProProfessional status. Curriculum development.25% (Junior)$59,468$28.6
Senior EducatorDepartment chair. Mentors student teachers.50% (Median)$72,100$34.7
Lead SpecialistInstructional coach, reading specialist, or VP.75% (Senior)$99,113$47.7
AdministratorPrincipal, District Admin, or Consultant.90% (Expert)$126,910$61

Detailed Business Teachers, Postsecondary Market Analysis

Relocation Context

Nominal Salary

$79,290

Gross Pay

Real Wage (Purchasing Power)

$86,373

Adjusted for COL (91.8)

The nominal average salary of $79,290 in South Dakota is significantly enhanced by the state's Cost of Living Index of 91.8, which is below the national average of 100. This means that the purchasing power of a Business Teacher's salary in South Dakota is likely higher than the raw salary figure suggests when compared to more expensive regions.

Job Market Context

230

Total Jobs

0.517

Per 1K Jobs

0.97

Location Quotient

Below Average

South Dakota has 0.97x the national average concentration of Business Teachers, Postsecondary jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.97 for Business Teachers, Postsecondary in South Dakota indicates that the concentration of these professionals in the state is very close to the national average. This suggests a balanced job market where the supply of qualified educators aligns reasonably well with the demand from postsecondary institutions.

Nearby Job Markets

Hiring Business Teachers, Postsecondarys?

Frequently Asked Questions

How much does a Business Teachers, Postsecondary make in South Dakota?

The median annual salary for a Business Teachers, Postsecondary in South Dakota is $79,290. This typically ranges from $50,750 for entry-level positions to $126,910 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Dakota is 27.2% lower than the national median of $108,950.

Is South Dakota a lucrative place for Business Teachers, Postsecondarys?

No, but cost of living offers value.While the average salary of $79,290 is below the national average, South Dakota's lower cost of living index of 91.8 means that earnings can go further than in higher-cost states.

Is South Dakota a good place to live for Business Teachers, Postsecondarys?

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

How does South Dakota's salary for Business Teachers compare to the national average?

Business Teachers, Postsecondary in South Dakota earn an average of $79,290 annually, which is approximately $29,660 less than the national average of $108,950.

What is the concentration of Business Teachers, Postsecondary in South Dakota?

South Dakota has a Location Quotient of 0.97 for this profession, indicating a job market concentration that is nearly identical to the national average.

How many Business Teachers, Postsecondary are there in South Dakota?

The total local workforce for Business Teachers, Postsecondary in South Dakota is approximately 230 individuals.

Does the cost of living affect the perceived value of a Business Teacher's salary in South Dakota?

Yes, with a Cost of Living Index of 91.8 (below the national average of 100), the $79,290 salary in South Dakota offers greater purchasing power than it might in a state with a higher cost of living.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 230 employees in the South Dakota area with a job density of 0.517 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.