Average Construction and Extraction Occupations Salary in Sioux Falls, SD-MN
In Sioux Falls, SD-MN, professionals in Construction and Extraction Occupations earn an average annual salary of $54,230. This figure is notably below the national average of $64,030, suggesting that local market dynamics, such as demand and the cost of labor, play a significant role in compensation within this region. The specific economic landscape of Sioux Falls influences these pay rates.
Executive Summary
- Average Salary: $54,230 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $75,410.
- Outlook: The Sioux Falls, SD-MN construction and extraction sector demonstrates a robust presence, employing 9,890 individuals. With a Location Quotient of 1.37, this industry is more concentrated in Sioux Falls than the national average, indicating a strong demand and a significant role for these occupations within the local economy. The substantial workforce size further underscores the sector's importance and potential for continued employment opportunities.
Salary Overview
The average Construction and Extraction Occupations in Sioux Falls, SD-MN earns-15.3%below the national average.
$26.1
$1,043
$4,519
Construction and Extraction Occupations Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that salaries within the Construction and Extraction Occupations sector in Sioux Falls, SD-MN have experienced steady growth over the past four years, mirroring national trends. This growth is typically driven by inflation, increased demand for infrastructure and housing, and the rising cost of skilled labor, leading to a gradual upward trajectory in average earnings.
Construction and Extraction Occupations Salary Distribution in Sioux Falls, SD-MN
Career progression within Construction and Extraction Occupations in Sioux Falls, SD-MN leads to significant salary increases. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command salaries well above the average. The percentile gaps in earnings clearly signify the value placed on experience and expertise, offering a clear path for career advancement and higher earning potential.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| ApprenticeLearning trade under supervision. Classroom + OJT. | 10% (Entry) | $37,430 | $18 |
| JourneymanLicensed/Certified. Works independently on standard tasks. | 25% (Junior) | $40,673 | $19.6 |
| Senior TechnicianHandles complex installations & troubleshooting. | 50% (Median) | $49,740 | $23.9 |
| Foreman / MasterSupervises crews, handles permits & code compliance. | 75% (Senior) | $67,788 | $32.6 |
| SuperintendentSite management, business owner, or master tradesman. | 90% (Expert) | $75,410 | $36.3 |
Detailed Construction and Extraction Occupations Market Analysis
Relocation Context
Nominal Salary
$54,230
Gross Pay
Real Wage (Purchasing Power)
$54,230
Adjusted for COL (100)
The nominal average annual salary of $54,230 in Sioux Falls, SD-MN aligns precisely with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a balanced financial landscape for residents. While the salary is below the national average for the occupation, the cost of living parity suggests that the take-home pay can still support a comparable lifestyle.
Job Market Context
9,890
Total Jobs
56.579
Per 1K Jobs
1.37
Location Quotient
With a location quotient of 1.37, Sioux Falls, SD-MN has a slightly higher-than-average concentration of Construction and Extraction Occupations roles compared to the national norm.
Sioux Falls, SD-MN boasts a strong concentration of Construction and Extraction Occupations, as evidenced by its Location Quotient of 1.37. This indicates that the industry is approximately 37% more prevalent in Sioux Falls than the national average. Such a high concentration suggests a competitive market with potentially abundant job opportunities, but also implies that employers may have a larger pool of local talent to draw from, influencing wage negotiations.
Nearby Job Markets
Nearby Cities for Construction and Extraction Occupations
| City | Salary | Dist. |
|---|---|---|
| Sioux City, IA-NE-SD Construction and Extraction Occupations Salary | $57,840↑ 7% | 74 mi |
Comparing salaries near Sioux Falls, SD-MN
Hiring Construction and Extraction Occupationss?
Frequently Asked Questions
How much does a Construction and Extraction Occupations make in Sioux Falls, SD-MN?
The median annual salary for a Construction and Extraction Occupations in Sioux Falls, SD-MN is $54,230. This typically ranges from $37,430 for entry-level positions to $75,410 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Sioux Falls, SD-MN is 15.3% lower than the national median of $64,030.
Is Sioux Falls, SD-MN a lucrative place for Construction and Extraction Occupationss?
No, not when compared to the national average salary.While the cost of living is at the national average, the average salary of $54,230 is significantly lower than the national average of $64,030 for these roles.
Is Sioux Falls, SD-MN a good place to live for Construction and Extraction Occupations?
The Cost of Living Index in Sioux Falls, SD-MN is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Sioux Falls, SD-MN?
Some top paying nearby cities include Sioux City, IA-NE-SD ($57,840) and others.
What is the average salary for Construction and Extraction Occupations in Sioux Falls, SD-MN?
The average annual salary for Construction and Extraction Occupations in Sioux Falls, SD-MN is $54,230.
How does the Sioux Falls salary compare to the national average?
The average salary in Sioux Falls ($54,230) is lower than the national average ($64,030) for Construction and Extraction Occupations.
What is the Cost of Living Index in Sioux Falls, SD-MN?
The Cost of Living Index in Sioux Falls, SD-MN is 100, which is exactly the national average.
Is the Construction and Extraction industry concentrated in Sioux Falls?
Yes, with a Location Quotient of 1.37, the industry is more concentrated in Sioux Falls than the national average, indicating a significant local presence.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 9,890 employees in the Sioux Falls, SD-MN area with a job density of 56.579 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Construction and Extraction Occupations • Data source: BLS OEWS 2024 •Jobs in Sioux Falls, SD-MN