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Real Estate Agent Salary in South Dakota (2026)

The average Real Estate Agent in South Dakota earns around $58,000/year. After taxes, your estimated take-home is $48,783/year ($4,065/month).

Take-Home Pay Breakdown

CategoryAmount
Annual Take-Home Pay
$48,783
Monthly Take-Home Pay
$4,065
Biweekly Take-Home Pay
$1,876
Hourly Take-Home Pay

based on 2,080 hrs/year

$23/hr
Federal Tax
$4,780
State Tax
$0
FICA Taxes
$4,437
Effective Tax Rate

total taxes ÷ gross salary

15.89%
Estimates only — not tax advice. · Full disclaimer →

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Real Estate Agent Salary Ranges in South Dakota

Entry Level (0–3 yrs)

$50,000

/year

See tax breakdown →

Mid Level (3–7 yrs)

$78,000

/year

See tax breakdown →

Senior Level (7+ yrs)

$200,000

/year

See tax breakdown →

Not all Real Estate Agents earn the same — not even close

South Dakota's real estate agent market is anchored by the Sioux Falls metro (Sioux Falls + Brandon + Tea + Hartford + Harrisburg + the substantial Sioux Falls Citi + Wells Fargo + Sanford + Avera + Smithfield + POET executive market + the substantial Sioux Falls fastest-growing SD metro + the substantial Sioux Falls McKennan Park historic + Eastside + the substantial post-2020 trust + tax-refugee migration), Rapid City + Spearfish + Belle Fourche (the substantial Rapid City Ellsworth AFB + Monument Health executive market + the substantial Black Hills second-home + Spearfish Canyon + Belle Fourche), Black Hills luxury resort (Custer + Hill City + Lead + Deadwood + Keystone + the substantial Custer State Park + Mount Rushmore + Crazy Horse + the substantial Black Hills resort + the substantial Deadwood gambling + the substantial post-2020 Black Hills luxury migration), Pierre state capital + Aberdeen + Brookings + Mitchell + Yankton + Watertown, Sturgis short-term rental market (the substantial Sturgis Motorcycle Rally ~500K annual attendance + the substantial Sturgis week + the substantial Sturgis short-term rental + investment property market), Lake Mitchell + Lake Madison + Lake Sharpe (the substantial SD lake recreation), plus substantial SD ranch + farm + the substantial SD #1 US bison + cattle + soybean state + the substantial SD ag land + the substantial SD trust + investment property.

Senior Listing Agent (Sioux Falls Eastside / McKennan Park)

$72,000–$185,000+

Sioux Falls McKennan Park historic + Eastside + Brandon · Citi + Wells Fargo + Sanford executive market

Senior Listing Agent (Black Hills Luxury)

$85,000–$245,000+

Custer + Hill City + Lead + Deadwood + Keystone · post-2020 second-home migration + Mount Rushmore + Crazy Horse

Senior Listing Agent (Rapid City / Spearfish)

$58,000–$148,000+

Rapid City + Spearfish + Belle Fourche · Ellsworth AFB + Monument Health executive + Black Hills

Sturgis Short-Term Rental Specialist

$55,000–$135,000+

Sturgis Motorcycle Rally short-term rental + the substantial Sturgis week + investment property

Commercial Real Estate Agent

$58,000–$135,000+

Sioux Falls + Rapid City commercial brokerage · CRE deals + leasing + investment + CCIM + the substantial SD credit card data center

Senior Buyer Agent

$42,000–$82,000+

Senior buyer agent · Sioux Falls + Rapid City · post-2020 trust + tax-refugee migration + retirement relo

SD Ranch / Farm / Bison Specialist

$72,000–$215,000+

SD ranch + farm + bison + the substantial SD #1 US bison + the substantial SD farmland + AFM + ALC certification

Black Hills Vacation Rental Specialist

$55,000–$135,000+

Black Hills vacation rental + the substantial Mount Rushmore + Custer State Park + Deadwood + Spearfish

Mid-Career Realtor (2-5 yrs)

$30,000–$50,000+

Mid-career Realtor transitioning to senior band · SD Realtors + Realtor Association of the Sioux Empire

New Realtor (0-2 yrs)

$18,000–$35,000+

New Realtor · SD Real Estate Commission licensed + brokerage sponsor + SD Realtors member

Worth knowing: South Dakota's distinctive SD dynasty trust jurisdiction + post-2020 trust + tax-refugee migration + Black Hills luxury second-home + Sturgis Motorcycle Rally short-term rental concentration is a distinctive SD Realtor feature most national real estate surveys understate. SD is the country's substantial #1 global dynasty trust jurisdiction (post-1983 + 1997 SD abolition of rule against perpetuities + the substantial SD trust law + the substantial SD asset protection trust + the substantial SD ~$700B+ trust assets versus ~$70B state GDP making SD disproportionately wealthy in trust capital + the substantial SD private trust company + the substantial Sioux Falls trust law firm cluster) — though trust capital flows to SD financial institutions rather than SD real estate directly, the substantial trust attorney + trust officer + trust beneficiary visits + the substantial trust-related UHNW property purchases in Sioux Falls + Black Hills drive substantial luxury Realtor specialty work. Sioux Falls metro market (Sioux Falls McKennan Park historic + Eastside + Brandon + Tea + Harrisburg + the substantial Sioux Falls fastest-growing SD metro post-2020 + the substantial Sioux Falls Citi + Wells Fargo + Sanford + Avera executive market + the substantial SD 0% income tax differential + the substantial Sioux Falls post-2020 housing supply tight) supports substantial Sioux Falls Realtor specialty — senior Sioux Falls listing agents clear $72-185K commission. Black Hills luxury market (Custer + Hill City + Lead + Deadwood + Keystone + Spearfish + the substantial Custer State Park + Mount Rushmore + Crazy Horse Memorial + the substantial Deadwood historic gambling + the substantial Black Hills ~$500K-$5M+ second-home market + the substantial post-2020 Black Hills luxury migration + the substantial Hot Springs + Wind Cave) supports a distinctive SD luxury Realtor specialty — senior Black Hills listing agents clear $85-245K commission. Sturgis Motorcycle Rally market (Sturgis Motorcycle Rally ~500K annual attendance early August + the substantial Sturgis 85th anniversary 2025 + the substantial Sturgis short-term rental investment property + the substantial Meade County investment property market + the substantial Sturgis homeowner rental during rally week) supports substantial SD short-term rental Realtor specialty — Sturgis short-term rental specialists clear $55-135K. The substantial SD ranch + farm + bison market (SD is the #1 US bison state + #2 US sunflower state + significant cattle + the substantial SD ranch land + the substantial SD West River vs East River ag land + the substantial SD farmland values $5K-$8K/acre + Accredited Farm Manager AFM + Accredited Land Consultant ALC) supports a distinctive SD agricultural Realtor specialty. South Dakota Realtors + Realtor Association of the Sioux Empire + Rapid City Area Realtor Association + Mount Rushmore Area Association of Realtors MLS access. SD Real Estate Commission licensing requires 116 hours pre-license + 24 hours continuing education biennially. SD 0% income tax + SD 4.5% sales tax + SD NO estate tax + SD IS a Right-to-Work state (signed 1946) anchor the SD Realtor proposition.

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