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Real Estate Sales Agents salary in Sioux Falls, SD

Median pay for real estate sales agents in Sioux Falls, SD: $59,140/yr

Typical range (10th–90th percentile): $31,770 – $169,740 · about 220 employed locally

Above the typical metro median ($50,020) by +$9,120 (+18%).

What it's really worth in Sioux Falls

With Sioux Falls's cost of living at 90 (US=100), that $59,140 has the buying power of about $65,645 in an average-cost US metro.

Local context: median household income $78,552 · median home $342,936 · median rent $1,309/mo.

Full Sioux Falls cost of living & taxes →

How Sioux Falls ranks for this job

On raw pay, Sioux Falls, SD is 46th of the 167 metros we hold real estate sales agents wages for. Once Sioux Falls's cost of living is applied, it ranks 24th.

Pay here goes further than the headline number suggests — Sioux Falls is one of the places where real estate sales agents gain ground in real terms, because local costs are low relative to what the job pays.

What that salary buys in Sioux Falls

A median home in Sioux Falls, SD costs $342,936 — about 5.8× this salary, against a typical US metro figure of 4.7×. Buying is harder here than in the average metro on this income.

Median rent of $1,309/mo works out at 27% of gross pay — inside the conventional 30% affordability ceiling.

Where real estate sales agents earn more

Pay on its own is only half the picture, so each row shows what rent costs there relative to Sioux Falls.

MetroMedian payvs Sioux FallsRent vs Sioux Falls
New York, NY $103,960 +76% 2.7×
Buffalo, NY $83,670 +41% 1.1×
Rochester, NY $83,200 +41% 1.2×
Seattle, WA $80,950 +37% 1.7×

Who hires real estate sales agents around Sioux Falls

Large local employers in sectors that typically employ this role.

Other jobs in Sioux Falls

Source: US BLS OEWS (May 2023) median annual wage; cost of living from BEA; home price and rent from Zillow; household income from US Census ACS. Rankings are across the 167 metros we hold wage data for in this occupation. Estimates for guidance only. See methodology.