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Average Life, Physical, and Social Science Occupations Salary in Sioux Falls, SD-MN

In Sioux Falls, SD-MN, professionals in Life, Physical, and Social Science Occupations earn an average annual salary of $74,390. This figure is notably below the national average of $91,840, suggesting that local market dynamics and potentially lower demand influence compensation in this region. The specific economic landscape of Sioux Falls shapes the earning potential for these specialized roles.

Executive Summary

  • Average Salary: $74,390 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $113,030.
  • Outlook: With a total local workforce of 810 individuals in Life, Physical, and Social Science Occupations, the market in Sioux Falls, SD-MN, appears to be relatively modest. The Location Quotient of 0.49 indicates that these roles are less concentrated here compared to the national average, suggesting a smaller, perhaps more specialized, demand for these professionals within the local economy.
2024 Market Data

Salary Overview

$74,390

The average Life, Physical, and Social Science Occupations in Sioux Falls, SD-MN earns-19.0%below the national average.

BreakdownBased on 40h/week
Hourly

$35.8

Weekly

$1,431

Monthly

$6,199

Life, Physical, and Social Science Occupations Salary Distribution in Sioux Falls, SD-MN

Career progression within Life, Physical, and Social Science Occupations typically sees significant salary increases with experience. Entry-level positions may start at lower percentiles, while senior scientists and researchers, with years of specialized knowledge and proven track records, command salaries in the higher percentiles. These percentile gaps clearly signify the substantial career advancement and earning potential available.

Experience LevelMarket PercentileAnnual WageHourly Rate
Junior / AssociateEntry level. Focus on learning core skills & codebase.10% (Entry)$40,560$19.5
Engineer IProficient contributor. Handles tasks independently.25% (Junior)$55,793$26.8
Senior EngineerSystem design, complex problem solving, mentoring.50% (Median)$68,950$33.1
Lead / StaffTechnical strategy, architecture, cross-team impact.75% (Senior)$92,988$44.7
Principal / ArchitectIndustry expert. Driving technical vision & innovation.90% (Expert)$113,030$54.3

Detailed Life, Physical, and Social Science Occupations Market Analysis

Relocation Context

Nominal Salary

$74,390

Gross Pay

Real Wage (Purchasing Power)

$74,390

Adjusted for COL (100)

The average annual salary of $74,390 in Sioux Falls, SD-MN, aligns precisely with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a salary in Sioux Falls is equivalent to the national average. While the nominal salary is lower than the national average for this profession, the cost of living does not present a disadvantage, offering a stable financial footing.

Job Market Context

810

Total Jobs

4.637

Per 1K Jobs

0.49

Location Quotient

Low Concentration

At 0.49x, Sioux Falls, SD-MN has a notably lower concentration of Life, Physical, and Social Science Occupations jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The Location Quotient of 0.49 for Life, Physical, and Social Science Occupations in Sioux Falls, SD-MN, indicates that this field is less prevalent in the local job market compared to the national landscape. This suggests a less competitive environment for job seekers in terms of sheer numbers, but also potentially fewer opportunities and a lower concentration of specialized roles available within the region.

Nearby Job Markets

Nearby Cities for Life, Physical, and Social Science Occupations

Comparing salaries near Sioux Falls, SD-MN

Hiring Life, Physical, and Social Science Occupationss?

Frequently Asked Questions

How much does a Life, Physical, and Social Science Occupations make in Sioux Falls, SD-MN?

The median annual salary for a Life, Physical, and Social Science Occupations in Sioux Falls, SD-MN is $74,390. This typically ranges from $40,560 for entry-level positions to $113,030 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 19.0% lower than the national median of $91,840.

Is Sioux Falls, SD-MN a lucrative place for Life, Physical, and Social Science Occupationss?

No, not exceptionally lucrative compared to national averages.While the cost of living is average, the average salary of $74,390 is significantly below the national average of $91,840 for these roles, and the market concentration is low.

Is Sioux Falls, SD-MN a good place to live for Life, Physical, and Social Science 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 ($69,000) and others.

How does the Sioux Falls salary compare to the national average for these science roles?

The average salary in Sioux Falls, SD-MN, for Life, Physical, and Social Science Occupations is $74,390, which is substantially lower than the national average of $91,840.

What does a Location Quotient of 0.49 mean for job seekers?

A Location Quotient of 0.49 signifies that Life, Physical, and Social Science Occupations are less concentrated in Sioux Falls compared to the national average, implying fewer available positions relative to the overall workforce.

Does the cost of living in Sioux Falls impact the salary's value?

No, the cost of living in Sioux Falls is at the national average (100), meaning the $74,390 salary has equivalent purchasing power to the national average salary, despite being lower in nominal terms.

How many Life, Physical, and Social Science professionals work in Sioux Falls?

There are approximately 810 individuals employed in Life, Physical, and Social Science Occupations within the Sioux Falls, SD-MN area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 810 employees in the Sioux Falls, SD-MN area with a job density of 4.637 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.