Financial Managers in South Dakota
May 2025 wages · tax year 2026
You keep
$120,421
after federal, FICA and South Dakota tax
Tax takes
$39,279
24.6% of the whole
Worth, in national money
$136,694
South Dakota costs less than average
On that salary you would be around the 25th percentile for this work in South Dakota — roughly, since only five points along the band are published.
One filer, standard deduction, no dependants and nothing paid in before tax — the same household the rest of this page uses, so the comparison holds. City and school-district income taxes are not included.
Median here
$159,700
Kept after tax
$120,421
Worth in national money
$136,694
State rank
17
of 51 states
What this pays, and what it is worth
- Pay for financial managers is strong here. South Dakota's middle earner gets $159,700, putting the state 17 of 51 — about 4.12% ahead of the national figure.
- Within South Dakota this is well-paid work. Of 457 occupations with published figures in the state, financial managers ranks 8 — in the top quarter of everything people do there.
- South Dakota is cheaper than average, and that shows up here. From $159,700 the take-home is $120,421; adjusted for what things actually cost, it goes as far as $136,694 would nationally. The average comes to $172,430, above the middle, thanks to the top of the range.
- For financial managers, South Dakota sits in the upper band nationally: a median of $159,700, ranking 17 of 51 and running about 4.12% above the national midpoint. Nominal advantage of this size is usually, though not always, large enough to survive the state's own tax and price levels.
- Ranked against every occupation South Dakota publishes a median for, financial managers sits 8 of 457 — the upper quartile of the state's wage distribution. National standing and within-state standing are separate questions, and a job can occupy very different positions on each.
- Post-tax income for financial managers in South Dakota, on $159,700, is $120,421 — equivalent to $136,694 once regional price parity is applied. ⚠️ The adjustment uses a statewide index that describes no particular address; within-state price variation, concentrated in housing, routinely exceeds the difference between two states. At $172,430 the mean overshoots the median — the usual right-skewed shape.
Compare this career across states
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Pay band: Financial Managers
The state median for this job
| Lowest tenth earn under | $113,930 |
|---|---|
| Half earn under | $159,700 |
| Top tenth earn over | $232,240 |
| This salary | $159,700 |
Positions between the published tenth, quarter, half, three-quarter and ninetieth points are estimated by straight line.
The same pay, somewhere else
The state median for this job
| Take-home in South Dakota | $120,421 |
|---|---|
| Take-home in Texas | $120,421 |
| Once local prices are leveledBEA price parity | −$12,773 |
The raise and the real gain point in opposite directions here.
State income tax and state price levels only. No city income tax, and no housing market.
What you would need there
The state median for this job
| To match take-home only | $159,700 |
|---|---|
| Raise you would need | +$18,159 |
| Prices in Texas | 97 vs 88 |
State taxes and state price levels only. No city tax, and no housing market.
Sources and assumptions
- Treat $159,700 as a midpoint for South Dakota, not a promise. The tenth percentile is $113,930 and the ninetieth is $232,240 — a wide band, and where you land in it depends on far more than the state.
- One filer, no dependants, no pension contributions — that is the household behind South Dakota's $120,421, worked from $159,700. That is on purpose. It lets states be compared with each other, not with each other's family circumstances. Local city taxes are left out. Locally this work ranks 8 of 457.
- One number stands for prices across all of South Dakota, which is a simplification — big cities cost far more than small towns. Read $136,694, the adjusted value of that $159,700 median, as a way to compare states fairly, not as a quote for any particular place. The two datasets are also from different years. This job sits at 8 of 457 in the state.
- The South Dakota median of $159,700 describes the midpoint of a distribution spanning $113,930 to $232,240. Because that spread is typically larger than the interstate spread, a state median is a weak predictor for any individual worker in this occupation.
- The South Dakota take-home of $120,421, on $159,700 for work ranking 8 of 457 locally, models the simplest household deliberately: holding it constant is what makes the interstate comparison meaningful. It also means the absolute figure overstates liability for most real filers, and municipal income taxes are outside the model entirely. The occupation ranks 8 of 457 in the state.
- Price deflation uses one statewide parity for South Dakota, so $136,694 — the adjusted value of that $159,700 median — establishes comparability between states rather than accuracy within one. The wage and parity series are dated independently, each following its own publication cycle, and neither is projected forward. This occupation sits at 8 of 457 locally.
Questions people ask
Is this the average pay for the job?
It is the midpoint, not the average. The average here is $172,430, dragged up by high earners; the middle figure describes a typical worker better.
Why is the pay range for this job so wide?
Because one job title covers very different work. The bottom tenth here earn $113,930 and the top tenth $232,240 — experience, employer and specialism separate them, and a single figure hides all three.
What does this pay actually buy where I live?
A smaller wage in a cheaper place is not automatically less. Adjusted for local prices, this is worth $136,694.
Is most of this wage taxed away?
Less than people assume. $120,421 of this wage reaches your account, because South Dakota takes no income tax from wages — but federal tax, Social Security and Medicare still apply exactly as they do everywhere else.
Can I compare this job across every state?
All 51 jurisdictions report this work, which makes the ranking a like-for-like one.
How does the published median differ from the mean for this occupation?
The median is the midpoint of the distribution; the mean for this occupation in South Dakota is $172,430. Wage distributions are right-skewed, so the mean exceeds the median wherever a minority earn substantially more. BLS publishes both because substituting one for the other misstates a typical worker's pay.
What drives the percentile dispersion in this occupation?
Dispersion between the tenth percentile ($113,930) and the ninetieth ($232,240) exceeds the family median dispersion. SOC codes aggregate roles differing in seniority, industry and specialisation, and BLS does not disaggregate below the detailed occupation level, so within-title variance is not separable from the published series.
What is this occupation's price-adjusted compensation in this state?
South Dakota's regional price parity is at or below the national average, so nominal wages understate purchasing power. Take-home deflated by the state price level is $136,694 in national-average terms. The adjustment uses an all-items index and does not isolate housing.
Why is the take-home ratio comparatively high in this state?
South Dakota levies no personal income tax on wages, so take-home of $120,421 reflects the federal layer and FICA alone. Federal income tax and FICA are unchanged; states without a wage income tax generally recover revenue through consumption and property bases instead.
Is this occupation's state coverage complete?
State-level estimates are published for all 51 jurisdictions for this occupation, so cross-state comparison is not confounded by suppression. ⚠️ Estimates remain survey-based and carry sampling error; small differences between adjacent states should not be over-read.