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Average Sales and Related Occupations Salary in Rapid City, SD

In Rapid City, South Dakota, professionals in Sales and Related Occupations can expect an average annual salary of $46,920. This figure is notably below the national average of $54,110, reflecting regional economic factors and the specific demand dynamics within the local market. The pay scale in Rapid City is influenced by a combination of local industry needs and the overall economic landscape of the area.

Executive Summary

  • Average Salary: $46,920 per year.
  • Growth Trend: Salaries have shifted 18.4% ↗ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $80,000.
  • Outlook: The sales sector in Rapid City, SD, supports a substantial local workforce of 8,270 individuals, with sales roles representing approximately 115.05 jobs per 1,000 workers. The Location Quotient of 1.33 indicates a higher concentration of these jobs compared to the national average, suggesting a robust and relatively established demand for sales professionals within the region.
2024 Market Data

Salary Overview

$46,920

The average Sales and Related Occupations in Rapid City, SD earns-13.3%below the national average.

BreakdownBased on 40h/week
Hourly

$22.6

Weekly

$902

Monthly

$3,910

Sales and Related Occupations Salary Distribution in Rapid City, SD

Career progression in Sales and Related Occupations within Rapid City typically sees a significant salary increase with experience. Entry-level positions may start closer to the lower end of the pay scale, while seasoned professionals with proven track records and specialized skills can command higher salaries. The percentile gaps in earnings clearly signify the career advancement and earning potential available as one moves from junior to senior sales roles.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$27,550$13.2
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$35,190$16.9
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$35,520$17.1
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$58,650$28.2
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$80,000$38.5

Detailed Sales and Related Occupations Market Analysis

Relocation Context

Nominal Salary

$46,920

Gross Pay

Real Wage (Purchasing Power)

$46,920

Adjusted for COL (100)

The average annual salary of $46,920 in Rapid City aligns perfectly with the national average Cost of Living Index of 100. This means that, on average, the purchasing power of a Rapid City salary is equivalent to the national average, making the nominal salary figure a fair representation of living expenses.

Job Market Context

8,270

Total Jobs

115.053

Per 1K Jobs

1.33

Location Quotient

Above Average

With a location quotient of 1.33, Rapid City, SD has a slightly higher-than-average concentration of Sales and Related Occupations roles compared to the national norm.

With a Location Quotient of 1.33, Rapid City demonstrates a concentration of Sales and Related Occupations that is 33% higher than the national average. This suggests that the job market for these roles is more developed and potentially more competitive than in other areas, offering more opportunities but also indicating a strong presence of skilled professionals.

Nearby Job Markets

Hiring Sales and Related Occupationss?

Frequently Asked Questions

How much does a Sales and Related Occupations make in Rapid City, SD?

The median annual salary for a Sales and Related Occupations in Rapid City, SD is $46,920. This typically ranges from $27,550 for entry-level positions to $80,000 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Rapid City, SD is 13.3% lower than the national median of $54,110.

Is Rapid City, SD a lucrative place for Sales and Related Occupationss?

No, but it offers stable opportunities.While the average salary of $46,920 is below the national average, the robust concentration of sales jobs (LQ 1.33) indicates a healthy market. The national cost of living means your salary's purchasing power is average.

Is Rapid City, SD a good place to live for Sales and Related Occupations?

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

How does Rapid City's sales salary compare to the national average?

The average annual salary for Sales and Related Occupations in Rapid City is $46,920, which is lower than the national average of $54,110.

Is there a strong demand for sales professionals in Rapid City?

Yes, the Location Quotient of 1.33 suggests a higher concentration of sales jobs than the national average, indicating a strong local demand.

What is the cost of living in Rapid City compared to the national average?

Rapid City has a Cost of Living Index of 100, which is exactly the national average, meaning the cost of goods and services is comparable nationwide.

How many people work in sales in Rapid City?

There are approximately 8,270 individuals employed in Sales and Related Occupations in Rapid City, making up a significant portion of the local workforce.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,270 employees in the Rapid City, SD area with a job density of 115.053 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Sales and Related Occupations • Data source: BLS OEWS 2024 •Jobs in Rapid City, SD