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Average Claims Adjusters, Examiners, and Investigators Salary in South Dakota

Claims Adjusters, Examiners, and Investigators in South Dakota earn an impressive average annual salary of $78,610. This figure notably surpasses the national average of $76,760, indicating a favorable compensation landscape within the state. Localized demand and specific industry needs likely contribute to this elevated pay scale compared to the rest of the country.

Executive Summary

  • Average Salary: $78,610 per year.
  • Growth Trend: Salaries have shifted 16.9% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $103,400.
  • Outlook: With a total local workforce of 1,070 individuals in this profession, South Dakota demonstrates a stable presence in the claims adjustment sector. The Location Quotient of 1.19 suggests a slightly higher concentration of these roles compared to the national average, implying a steady demand and a robust job market for skilled professionals in this field.
2024 Market Data

Salary Overview

$78,610

The average Claims Adjusters, Examiners, and Investigators in South Dakota earns+2.4%above the national average.

BreakdownBased on 40h/week
Hourly

$37.8

Weekly

$1,512

Monthly

$6,551

Claims Adjusters, Examiners, and Investigators Salary Distribution in South Dakota

Career progression for Claims Adjusters, Examiners, and Investigators in South Dakota typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, but as professionals gain expertise and handle more complex cases, their earning potential escalates, with senior roles commanding substantially higher compensation, reflected in the widening percentile gaps.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$56,270$27.1
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$58,958$28.3
ManagerOversees team, compliance, and project delivery.50% (Median)$73,810$35.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$98,263$47.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$103,400$49.7

Detailed Claims Adjusters, Examiners, and Investigators Market Analysis

Relocation Context

Nominal Salary

$78,610

Gross Pay

Real Wage (Purchasing Power)

$85,632

Adjusted for COL (91.8)

The average annual salary of $78,610 in South Dakota presents a strong purchasing power, especially when considered against the state's Cost of Living Index of 91.8. This index is below the national average of 100, meaning that the nominal salary earned by claims professionals in South Dakota will likely translate into a higher real income and a better standard of living.

Job Market Context

1,070

Total Jobs

2.354

Per 1K Jobs

1.19

Location Quotient

Above Average

With a location quotient of 1.19, South Dakota has a slightly higher-than-average concentration of Claims Adjusters, Examiners, and Investigators roles compared to the national norm.

A Location Quotient of 1.19 signifies that Claims Adjusters, Examiners, and Investigators are more concentrated in South Dakota than the national average. This suggests a healthy and potentially competitive market, where employers may actively seek out talent, and professionals can find ample opportunities within the state.

Nearby Job Markets

Hiring Claims Adjusters, Examiners, and Investigatorss?

Frequently Asked Questions

How much does a Claims Adjusters, Examiners, and Investigators make in South Dakota?

The median annual salary for a Claims Adjusters, Examiners, and Investigators in South Dakota is $78,610. This typically ranges from $56,270 for entry-level positions to $103,400 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in South Dakota is 2.4% higher than the national median of $76,760.

Is South Dakota a lucrative place for Claims Adjusters, Examiners, and Investigatorss?

Yes, South Dakota offers a lucrative environment for Claims Adjusters, Examiners, and Investigators.The average salary of $78,610 exceeds the national average, and the lower cost of living further enhances the financial benefits of working in this role within the state.

Is South Dakota a good place to live for Claims Adjusters, Examiners, and Investigators?

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

How does the South Dakota salary compare to the national average?

The average annual salary for Claims Adjusters, Examiners, and Investigators in South Dakota is $78,610, which is higher than the national average of $76,760.

What is the concentration of Claims Adjusters in South Dakota?

South Dakota has a Location Quotient of 1.19 for this profession, indicating a slightly higher concentration of these roles compared to the national average.

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

With a Cost of Living Index of 91.8, South Dakota is more affordable than the national average, meaning the $78,610 salary offers greater purchasing power.

What is the total number of Claims Adjusters in South Dakota?

There are approximately 1,070 Claims Adjusters, Examiners, and Investigators employed in South Dakota.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,070 employees in the South Dakota area with a job density of 2.354 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Claims Adjusters, Examiners, and Investigators • Data source: BLS OEWS 2024 •Jobs in South Dakota