Salary Overview for South Dakota
The median individual income in South Dakota is $34,510 per year, while the mean (average) individual income is $43,070. The median household income is $69,457.
Cost of Living Adjusted Salary
South Dakota's cost of living index is 92 (national average = 100). This means the median salary of $34,510 in South Dakota has the purchasing power of approximately $37,511 at the national average cost of living. Your dollar goes further in South Dakota than in most states.
Minimum Wage in South Dakota
The current minimum wage in South Dakota is $11.20/hour, which equals approximately $23,296 per year for a full-time worker (40 hours/week, 52 weeks). See our complete South Dakota minimum wage guide for tipped wages, scheduled increases, and more.
Top Employers in South Dakota
- Sanford Health
- Avera Health
- Citigroup
Major Industries in South Dakota
- Healthcare
- Finance
- Agriculture
Tax Rates in South Dakota
See the full tax breakdown including income tax, sales tax, property tax, and more on our South Dakota tax rates page.
Calculate Your Take-Home Pay
Use our Salary Calculator to convert between hourly, weekly, monthly, and annual pay, and estimate your take-home pay in South Dakota after federal and state taxes.