SalaryNode

Average Lawyers Salary in Sioux Falls, SD-MN

Lawyers in Sioux Falls, SD-MN earn an average annual salary of $134,800, which is notably lower than the national average of $194,940. This disparity is often influenced by the specific economic landscape and demand for legal services within the region, which can differ significantly from larger metropolitan areas.

Executive Summary

  • Average Salary: $134,800 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $206,740.
  • Outlook: With a total local workforce of 420 legal professionals, Sioux Falls presents a moderate employment base for lawyers. The Location Quotient of 0.5 indicates that the concentration of lawyers in Sioux Falls is half the national average, suggesting a less saturated market compared to national trends, though the absolute number of jobs per 1,000 workers (2.402) points to a steady, albeit not booming, demand.
2024 Market Data

Salary Overview

$134,800

The average Lawyers in Sioux Falls, SD-MN earns-30.9%below the national average.

BreakdownBased on 40h/week
Hourly

$64.8

Weekly

$2,592

Monthly

$11,233

Lawyers Salary Distribution in Sioux Falls, SD-MN

The salary trajectory for lawyers in Sioux Falls, like elsewhere, typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with specialized expertise and a proven track record can expect to earn substantially more. The gap between the lower and upper salary percentiles reflects the significant career progression and earning potential available as lawyers advance in their careers.

Experience LevelMarket PercentileAnnual WageHourly Rate
Legal AssistantResearch, drafting documents, case support.10% (Entry)$80,280$38.6
AssociateHandling depositions, smaller cases independently.25% (Junior)$101,100$48.6
Senior AssociateLead on cases, client management, trial experience.50% (Median)$101,210$48.7
Counsel / PartnerBusiness development, specialized high-stakes cases.75% (Senior)$168,500$81
Managing PartnerFirm leadership. Executive strategy.90% (Expert)$206,740$99.4

Detailed Lawyers Market Analysis

Relocation Context

Nominal Salary

$134,800

Gross Pay

Real Wage (Purchasing Power)

$134,800

Adjusted for COL (100)

The average annual salary of $134,800 in Sioux Falls aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of a lawyer's salary in Sioux Falls is equivalent to the national average, making the nominal salary figure a realistic representation of living expenses.

Job Market Context

420

Total Jobs

2.402

Per 1K Jobs

0.5

Location Quotient

Below Average

Sioux Falls, SD-MN has 0.50x the national average concentration of Lawyers 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 0.5 for lawyers in Sioux Falls indicates that the legal profession is less concentrated here than the national average. This suggests that while the absolute number of legal jobs might be smaller, the demand may be relatively stable, and the market is not oversaturated, potentially offering good opportunities for skilled professionals without intense competition.

Nearby Job Markets

Nearby Cities for Lawyers

CitySalaryDist.
Sioux City, IA-NE-SD Lawyers Salary$126,160 6%74 mi

Comparing salaries near Sioux Falls, SD-MN

Hiring Lawyerss?

Frequently Asked Questions

How much does a Lawyers make in Sioux Falls, SD-MN?

The median annual salary for a Lawyers in Sioux Falls, SD-MN is $134,800. This typically ranges from $80,280 for entry-level positions to $206,740 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 30.9% lower than the national median of $194,940.

Is Sioux Falls, SD-MN a lucrative place for Lawyerss?

No, not compared to the national average.While lawyers in Sioux Falls earn a solid $134,800, this is significantly below the national average of $194,940. However, the cost of living is also at the national average, meaning the salary's purchasing power is standard.

Is Sioux Falls, SD-MN a good place to live for Lawyers?

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 ($126,160) and others.

How does the Sioux Falls lawyer salary compare to the national average?

Lawyers in Sioux Falls earn an average of $134,800 annually, which is considerably less than the national average of $194,940.

What is the Cost of Living in Sioux Falls, SD-MN?

The Cost of Living Index in Sioux Falls is 100, which is exactly the national average, meaning expenses are neither higher nor lower than the typical US city.

Is the job market for lawyers strong in Sioux Falls?

The market is moderately sized with a total workforce of 420 lawyers and a concentration (Location Quotient) half that of the national average, suggesting steady but not exceptionally high demand.

How many lawyers are there per 1,000 workers in Sioux Falls?

There are approximately 2.402 lawyers per 1,000 workers in Sioux Falls, SD-MN.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 420 employees in the Sioux Falls, SD-MN area with a job density of 2.402 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.