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Average Security Guards Salary in Sioux Falls, SD-MN

Security Guards in Sioux Falls, SD-MN earn an average annual salary of $39,740. This figure is slightly below the national average of $42,450, a common trend in regions with a lower cost of living and a less concentrated job market. Local economic factors and demand dynamics play a significant role in shaping compensation for these essential roles.

Executive Summary

  • Average Salary: $39,740 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,270.
  • Outlook: With a total local workforce of 600 Security Guards, Sioux Falls presents a modest but stable employment landscape for this profession. The location quotient of 0.43 indicates that the concentration of Security Guards is below the national average, suggesting that while the role is present, it is not a dominant industry within the region. The rate of 3.453 jobs per 1,000 workers further contextualizes the steady, rather than rapidly expanding, demand for these services.
2024 Market Data

Salary Overview

$39,740

The average Security Guards in Sioux Falls, SD-MN earns-6.4%below the national average.

BreakdownBased on 40h/week
Hourly

$19.1

Weekly

$764

Monthly

$3,312

Security Guards Salary Distribution in Sioux Falls, SD-MN

Career progression for Security Guards in Sioux Falls, SD-MN typically involves a salary increase with experience. Entry-level positions may start at the lower end of the pay scale, while seasoned professionals with specialized skills or supervisory responsibilities can command higher salaries. The percentile gaps in earnings signify clear opportunities for advancement and increased earning potential as one gains more experience and expertise in the field.

Experience LevelMarket PercentileAnnual WageHourly Rate
Cadet / RecruitAcademy training and probationary period.10% (Entry)$30,710$14.8
OfficerPatrol duties, handling standard calls.25% (Junior)$29,805$14.3
Senior OfficerField training officer, specialized unit.50% (Median)$38,120$18.3
Sergeant / Lt.Shift supervisor, squad leader.75% (Senior)$49,675$23.9
Captain / ChiefDepartment command and administration.90% (Expert)$48,270$23.2

Detailed Security Guards Market Analysis

Relocation Context

Nominal Salary

$39,740

Gross Pay

Real Wage (Purchasing Power)

$39,740

Adjusted for COL (100)

The nominal average annual salary of $39,740 in Sioux Falls, SD-MN aligns perfectly with the national average cost of living index of 100. This means that the purchasing power of a Security Guard's salary in Sioux Falls is equivalent to the national average, offering a stable financial footing for residents without the added pressure of higher living expenses.

Job Market Context

600

Total Jobs

3.453

Per 1K Jobs

0.43

Location Quotient

Low Concentration

At 0.43x, Sioux Falls, SD-MN has a notably lower concentration of Security Guards jobs than the national average. Opportunities in this area are relatively scarce for this profession.

The location quotient of 0.43 for Security Guards in Sioux Falls, SD-MN indicates a lower concentration of these professionals compared to the national average. This suggests that the job market is not oversaturated, potentially offering a balanced environment for job seekers. While demand exists, it is not exceptionally high, implying a steady but not intensely competitive landscape for securing employment in this role.

Nearby Job Markets

Nearby Cities for Security Guards

CitySalaryDist.
Sioux City, IA-NE-SD Security Guards Salary$38,970 2%74 mi

Comparing salaries near Sioux Falls, SD-MN

Hiring Security Guardss?

Frequently Asked Questions

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

The median annual salary for a Security Guards in Sioux Falls, SD-MN is $39,740. This typically ranges from $30,710 for entry-level positions to $48,270 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 6.4% lower than the national median of $42,450.

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

No, not particularly lucrative compared to national averages.While the cost of living is average, the salary for Security Guards is below the national average, indicating less lucrative earning potential in this specific role and location.

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

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 ($38,970) and others.

How does the Sioux Falls Security Guard salary compare to the national average?

The average annual salary for Security Guards in Sioux Falls, SD-MN is $39,740, which is approximately $2,710 less than the national average of $42,450.

What is the cost of living in Sioux Falls, SD-MN?

The cost of living in Sioux Falls, SD-MN is at the national average, indexed at 100, meaning it is neither significantly more nor less expensive to live there compared to the rest of the United States.

Is there high demand for Security Guards in Sioux Falls?

The demand is steady, with 3.453 jobs per 1,000 workers, but the location quotient of 0.43 suggests the concentration of these jobs is below the national average, indicating moderate demand rather than exceptionally high demand.

Can experience increase a Security Guard's salary in Sioux Falls?

Yes, like most professions, experience typically leads to higher earning potential for Security Guards, with senior roles and specialized skills commanding better compensation.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 600 employees in the Sioux Falls, SD-MN area with a job density of 3.453 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.