Estimate · based on BLS national data

Economists in South Dakota

$123,653 / year · average (mean) annual wage
$59.45 per hour

▼ 13.0% below U.S. average26th of 51 states

Source: U.S. Bureau of Labor Statistics Dataset: Estimate (BLS national × cost of living) Published: May 2026 Coverage: All 50 States + DC
Average$123,653per year
Median$108,506per year
Hourly$59.45per hour
10th – 90th percentile$66,028 – $190,543per year

Economists Pay Range in South Dakota

Pay distribution across experience levels

  • 10th Percentile — Entry Level$66,028
  • 25th Percentile — Junior$95,730
  • 50th Percentile — Median$108,506
  • 75th Percentile — Senior$162,559
  • 90th Percentile — Top Earners$190,543

Half of Economists in South Dakota earn more than $108,506. The top 10% make $190,543 or more, while entry-level workers start around $66,028.

Economists in South Dakota: Key Facts

Source: BLS national data adjusted for cost of living

  • South Dakota ranks 26th of 51 states for Economists pay, at $123,653 per year (13.0% below the U.S. average of $142,130).
  • Pay range: the lowest-paid 10% earn under $66,028; the top 10% earn over $190,543.
  • Hourly equivalent: $59.45 per hour (2,080 hours/year).
  • The highest-paying state is District of Columbia at $175,100.
  • Among science jobs in South Dakota, Biochemists and Biophysicists pays the most ($112,961).

Economists Job Market in South Dakota

Key factors affecting compensation

South Dakota's key industries are Agriculture, Finance, Tourism, and its job market is rated moderate. Economists here earn $123,653 on average, placing the state 26th nationally.

With a cost-of-living index of 0.87 (U.S. = 1.00), a South Dakota salary of $123,653 is roughly equivalent to $142,130 at the national average cost of living.

Compared with nearby states in the pay ranking, Colorado ($127,020), New Mexico ($125,074), South Carolina ($125,074) are the closest alternatives for Economists weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

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Frequently Asked Questions

Common questions about this salary

What is the average Economists salary in South Dakota?

The average Economists salary in South Dakota is $123,653 per year (median $108,506), which is 13.0% below the national average of $142,130.

How does South Dakota rank for Economists pay?

South Dakota ranks 26th out of 51 states. The highest-paying state is District of Columbia ($175,100/yr).

How much do entry-level Economists make in South Dakota?

The lowest-paid 10% of Economists in South Dakota earn about $66,028 per year and the 25th percentile is $95,730.

How much do Economists make per hour in South Dakota?

About $59.45 per hour, based on the $123,653 annual average and 2,080 working hours per year.

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