Real Estate Sales Agents Salary
Real Estate Sales Agents in Sioux Falls, SD-MN make a median of $73,790 a year, or about $35.48 an hour. The range runs from $48K at the entry level to $110K for experienced workers. Cost of living is below average (RPP 90.63), which stretches that salary to about $81,419 in buying power. Rent on a 2-bedroom averages $1,156/month, or 22.6% of estimated take-home pay.
So what does $74K get you in Sioux Falls?
Groceries, utilities, transportation, and healthcare scaled from national averages by Sioux Falls’s Regional Price Parity (90.63). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About real estate sales agents
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What this looks like in Sioux Falls
Sioux Falls sits well above the national pay line for real estate sales agents, local pay runs about 40% higher than the U.S. median of $53K. Housing is manageable: a 2-bedroom at the HUD median costs $1,156/month, 23% of take-home, well inside the 30% guideline. Regional Price Parity sits at 90.63 (national = 100), meaning everyday costs run about 9% cheaper here. Your dollar stretches further than the headline salary suggests. Combined with manageable housing costs, Sioux Falls offers a genuinely strong financial position for real estate sales agentss at the median.
Compared to nearby metros
Median pay for real estate sales agents in metros near Sioux Falls, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Rapid City | $46K | $52K |
| Minot | $62K | $71K |
| Billings | $81K | $87K |
| Bismarck | $75K | $82K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Sioux Falls, SD-MN
Entry-level real estate sales agents (10th percentile) start around $48K. Mid-career wages sit at $74K. Top earners bring in $110K or more, a $62K spread from bottom to top.
Real Estate Sales Agents pay across states
Median income ranked highest to lowest, compared to the national figure
View Real Estate Sales Agents salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| District of Columbia | $124K | +134% | 590 |
| New York | $103K | +95% | 8,660 |
| New Jersey | $100K | +89% | N/A |
| Alaska | $89K | +69% | 170 |
| Nevada | $80K | +51% | 1,490 |
| Washington | $79K | +50% | 5,150 |
| Montana | $79K | +50% | 370 |
| New Mexico | $76K | +44% | 550 |
| North Dakota | $74K | +40% | N/A |
| South Dakota | $65K | +23% | 640 |
| Virginia | $64K | +21% | 5,750 |
| Colorado | $64K | +21% | 6,120 |
| Oregon | $62K | +17% | 1,940 |
| Alabama | $61K | +15% | 1,580 |
| Rhode Island | $60K | +14% | N/A |
| Illinois | $59K | +12% | 6,030 |
| West Virginia | $59K | +12% | 370 |
| Arizona | $59K | +11% | 5,610 |
| Kentucky | $59K | +11% | 1,120 |
| Wisconsin | $58K | +10% | 5,680 |
| Michigan | $58K | +10% | 2,210 |
| New Hampshire | $58K | +9% | 240 |
| California | $58K | +9% | 17,500 |
| Maine | $57K | +8% | 740 |
| South Carolina | $57K | +7% | 4,930 |
| Pennsylvania | $56K | +6% | 5,510 |
| Maryland | $53K | -0% | 2,940 |
| North Carolina | $51K | -3% | 7,960 |
| Utah | $51K | -4% | 4,240 |
| Wyoming | $50K | -5% | 300 |
| Florida | $49K | -7% | 26,790 |
| Oklahoma | $48K | -9% | 3,710 |
| Nebraska | $47K | -11% | 1,400 |
| Delaware | $47K | -11% | 900 |
| Indiana | $47K | -11% | 3,680 |
| Connecticut | $47K | -11% | N/A |
| Georgia | $47K | -12% | 9,940 |
| Minnesota | $46K | -12% | 2,530 |
| Tennessee | $46K | -12% | 2,360 |
| Ohio | $46K | -12% | 5,130 |
| Hawaii | $46K | -13% | 690 |
| Louisiana | $46K | -13% | 1,940 |
| Texas | $46K | -13% | 22,250 |
| Missouri | $44K | -17% | 1,590 |
| Idaho | $40K | -25% | 1,170 |
| Kansas | $40K | -25% | 1,450 |
| Mississippi | $40K | -25% | 670 |
| Arkansas | $38K | -28% | 1,640 |
Showing 1–10 of 48 states with published data
BLS does not publish data for every state when sample sizes are too small
Track real estate sales agents salary changes
BLS updates this data quarterly. We'll email you when Sioux Falls numbers change.
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Frequently asked questions
Can a real estate sales agent afford a 2BR apartment alone in Sioux Falls?
Yes — at the median salary of $74K, rent takes 23% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,156/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for real estate sales agents in Sioux Falls?
The 10th-percentile wage — what new real estate sales agents typically earn — is $48K/year. Take-home on that works out to about $2,905/month. At HUD’s $1,156/month FMR, rent would take 40% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is real estate sales agent a high-paying job in Sioux Falls?
Local pay is 40% above the national median — $74K here vs. $53K nationally.
How does Sioux Falls compare to the national average for real estate sales agents?
Sioux Falls pays $74K median vs. the U.S. average of $53K — that’s +40%. After adjusting for local cost of living (RPP 90.63), the purchasing-power equivalent is $81K — still ahead of the national median.
How much do real estate sales agents make in Sioux Falls, SD-MN?
The median is $73,790 a year, that works out to about $35 an hour. But the range is wide: entry-level workers start around $48,410, and experienced real estate sales agents can clear $110,160. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $74K enough to live in Sioux Falls?
On that salary, you'd take home roughly $5,025/month after taxes. A 2-bedroom here rents for about $1,156/month, which eats 23% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a real estate sales agents salary go in Sioux Falls?
Sioux Falls has a Regional Price Parity of 90.63 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median real estate sales agents salary is worth about $81,419 in national-average purchasing power.
Where do real estate sales agents get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.