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Average Financial Managers Salary in Rapid City, SD

The average salary for a Financial Managers in Rapid City, SD is $167,310. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $167,310 per year.
  • Growth Trend: Salaries have shifted 12.1% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $225,890.
  • Outlook: The current demand for Financial Managerss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Rapid City, SD economy.
2024 Market Data

Salary Overview

$167,310

The average Financial Managers in Rapid City, SD earns-9.3%below the national average.

BreakdownBased on 40h/week
Hourly

$80.4

Weekly

$3,218

Monthly

$13,943

Financial Managers Salary Distribution in Rapid City, SD

The earning potential for Financial Managerss in Rapid City, SD varies significantly by experience level. The salary gap is relatively narrow, suggesting consistent and predictable earnings from entry-level to senior positions. Entry-level roles (10th percentile) typically start around $104,730, while highly experienced professionals can command wages upwards of $225,890.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$104,730$50.4
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$125,483$60.3
ManagerOversees team, compliance, and project delivery.50% (Median)$148,390$71.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$209,138$100.5
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$225,890$108.6

Detailed Financial Managers Market Analysis

Relocation Context

Nominal Salary

$167,310

Gross Pay

Real Wage (Purchasing Power)

$167,310

Adjusted for COL (100)

In Rapid City, SD, the Cost of Living Index is 100. This increases your effective purchasing power from $167,310 to $167,310.

Job Market Context

100

Total Jobs

1.352

Per 1K Jobs

0.25

Location Quotient

Low Concentration

At 0.25x, Rapid City, SD has a notably lower concentration of Financial Managers jobs than the national average. Opportunities in this area are relatively scarce for this profession.

100 people work as Financial Managers in Rapid City, SD.

1.352 out of every 1,000 local jobs are Financial Managers positions — a typical concentration.

Nearby Job Markets

Hiring Financial Managerss?

Frequently Asked Questions

How much does a Financial Managers make in Rapid City, SD?

The median annual salary for a Financial Managers in Rapid City, SD is $167,310. This typically ranges from $104,730 for entry-level positions to $225,890 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rapid City, SD is 9.3% lower than the national median of $184,480.

Is Rapid City, SD a good place for Financial Managerss?

It depends on your priorities. While the average Financial Managers salary in Rapid City, SD is $167,310 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Rapid City, SD. See distinct detailed breakdown below.

Is Rapid City, SD a good place to live for Financial Managers?

The Cost of Living Index in Rapid City, SD is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Rapid City, SD area with a job density of 1.352 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Financial Managers • Data source: BLS OEWS 2024 •Jobs in Rapid City, SD