Real Estate Agent Salary in Pierre, SD: $46,751 (2026)
Quick Answer:A full-time real estate agent in Pierre, SD earns a median $46,751/year (≈ $22.47/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 41-9022). Once you factor in Pierre's price level (7% below national, BEA RPP 92.8), that paycheck buys what $50,378 would nationally. Nominal pay sits 6.0% below the South Dakota state average.
Based on BLS state-level estimates · View source
As of 2026, the average annual compensation for real estate agents in Pierre, South Dakota, is projected at $46,751. The salary range for this sector shows considerable variation, with the lower end (P10) at $29,189 and potential earnings up to $72,464 (P90). These figures are based on estimates derived from 2025 BLS data, adjusted for regional cost differences. Pierre's relatively low cost of living, with an index of 92.8, contributes to a cost-effective environment for real estate transactions, impacting the overall earnings potential. Given the area's dynamics, the effective hourly compensation reflects a blend of transaction volume and property sale prices, highlighting the opportunities present in the local market.
About the Pierre Market
Salary estimated from South Dakota average ($52,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $29,189 | $14.04 |
| Lower Range (P25) | $37,734 | $18.14 |
| Median (P50)(typical) | $46,751 | $22.47 |
| Upper Range (P75) | $59,841 | $28.77 |
| Top Earners (P90) | $72,464 | $34.83 |
Median Salary Position
12.81% below the national average
2026 Salary Percentile Distribution in Pierre
In Pierre, SD, the real estate agent salary spread from the 10th to 90th percentile is $43,275 (2026 est.). At $46,751, the local median is 12.81% below the national median of $53,622.
Salary Calculator
At 40 hours/week in Pierre: You'd be in the lower-middle range
How Pierre Real Estate Agent Pay Compares
Pierre median: $46,751/year (2026)
| Compared To | Median Salary | Pierre Pays |
|---|---|---|
| South Dakota Average | $49,735 | -6.00% less |
| National Average | $53,622 | -12.81% less |
Real Estate Agents in Pierre, SD earn a median of $46,751 per year (2026 est.), which is 12.81% lower than the national median of $53,622 and 6.00% below the South Dakota state average of $49,735.
Cost-of-Living Adjusted Salary
Pierre has a cost of living 7.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Pierre, SD has a cost-of-living index of 92.8 (below the national average of 100). A real estate agent earning $46,751 nominally has purchasing power equivalent to $50,378 in an average-cost city — an effective 7.76% boost.
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2019 BLS Actual
$42,660
2025 BLS Actual
$46,060
2026 Current Est.
$46,751
2019–2027 Growth
+11.2%
Salary Trajectory for Real Estate Agents in Pierre (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 1.50% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $42,660 | Actual |
| 2020 | $42,756 | Actual |
| 2021 | $42,145 | Actual |
| 2022 | $43,575 | Actual |
| 2023 | $47,342 | Actual |
| 2024 | $45,337 | Actual |
| 2025 | $46,060 | Actual |
| 2026(current) | $46,751 | Estimated |
| 2027 | $47,452 | Projected |
Based on 7 years of BLS OEWS data for the Pierre metropolitan area, the median real estate agent salary grew 8.0% from $42,660 (2019) to $46,060 (2025). At a 1.50% compound annual growth rate, salaries are projected to reach $47,452 by 2027 — a total increase of $4,792 (11.23%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Pierre metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 1.50% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $29,189 – $37,734 |
| 3-5 years (Mid Career) | $37,734 – $46,751 |
| 5+ years (Experienced) | $46,751 – $59,841 |
| 10+ years (Top Earner) | $59,841 – $72,464 |
REA salary ranges estimated from BLS percentile data. Individual real estate agent compensation varies by employer, certifications, and specialization.
Real Estate Agent Job Market in Pierre
In Pierre, the job market for real estate agents is modest, with only four professionals currently employed in the field. This limited competition might allow for stronger networking opportunities and a more personalized approach to nurture client relationships. With a cost-of-living index below the national average, agents here can benefit from enhanced purchasing power. While larger franchises like Keller Williams and RE/MAX generally offer more structured compensation packages, independent brokerages may allow for more flexible commission splits, critical in the wake of the recent NAR commission structure changes. Agents should focus on maximizing commission by aligning themselves with higher transaction volumes, targeting mid- to high-priced properties, and perhaps joining teams where commission splits can be more favorable. Considering these variables will be instrumental in determining how much real estate agents make in Pierre, SD.
More salary data for Pierre, SD:
Frequently Asked Questions
How much do real estate agents make in Pierre, SD in 2026?
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Can real estate agents make $100K in Pierre?
What is the cost-of-living adjusted real estate agent salary in Pierre?
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Written by Maria Gonzalez, REALTOR®
Career Analyst
Maria has 10 years of experience as a real estate agent. She specializes in residential properties. She works with a large brokerage in Texas.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $46,060 for real estate agentsin the Pierre metropolitan area. A 1.50% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Pierre is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 1.50%, derived from historical BLS wage trends for real estate agents (SOC 41-9022).
Compiled and verified by Maria Gonzalez, REALTOR®, a licensed real estate agent with 10+ years of clinical experience. · View source data at BLS.gov