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Financial Managers Salary in Rapid City, SD

BLS Official DataUpdated 2025-05-31
Median Annual

$160,280

Mean: $174,910

~$125,018 est. take-home

Hourly Rate

$77.06

Based on 2,080 hrs/yr

Cost of Living

100

100 = national avg

A

Very affordable

Affordability score: 100/100

Monthly surplus

$8,418/mo

Savings rate

77%

Financial Managers salary in Rapid City, SD — median $160,280/year, range $135,550-$198,910

Salary Distribution

Where the median falls between the 25th and 75th percentile.

25th %

$135,550

Median

$160,280

75th %

$198,910

Median is in the 39th percentile of the typical range

Financial Managers in other SD cities

Compare the same occupation across cities in SD.

Rapid CityYOU ARE HERE
$160,280
Sioux Falls
$163,580+2.1%

About Financial Managers salaries in Rapid City, SD

In Rapid City, SD, financial managers earn a median of $160,280 a year, according to the latest BLS Occupational Employment and Wage Statistics release. It runs 18% above the national median of $135,850 for this occupation — pay here is notably stronger than the U.S. average. The middle 50% land between $135,550 and $198,910 — a 63,360 range that reflects differences in seniority, employer type, and specialization. The average (mean) of $174,910 comes in higher than the median, which usually means a share of high earners is pulling the average up. The catch: Rapid City is roughly in line with the national cost of living (cost index 100 against a 100 baseline), so that headline number buys less than it would elsewhere. On an hourly basis that is about $77.06, useful for comparing contract or part-time offers.

For context, the national median for financial managers across all U.S. metros in our data is $135,850.

Career Outlook

↑↑ 16% growthMuch faster than average (BLS 2024–2034)

16% growth. Companies are dealing with more complex regulation, global supply chain risk, and volatile markets — they need people who can actually manage the money, not just report on it. Tech and healthcare companies are paying the most.

Worth knowing: The CFO track often starts with a CPA or CFA plus an MBA. Financial managers who can speak data science (SQL, Python, BI tools) move up faster than those who can't.

Frequently Asked Questions

What is the average salary for a financial managers in Rapid City?

The median — where half earn more and half earn less — is $160,280. The average (mean) is $174,910, which is higher because top earners pull it up.

How much does a financial managers make per hour in Rapid City?

About $77.06/hour, based on a standard 2,080-hour work year. Part-time or overtime hours will change the actual rate.

What is the salary range for financial managers in Rapid City?

The middle 50% earn between $135,550 and $198,910. Below $135,550 is typically entry-level; above $198,910 usually means significant experience or specialized skills.

Salary Conversion Table

How does $160,280 per year break down across different time periods?

PeriodGrossEst. Take-Home
Yearly$160,280$125,018
Monthly$13,357$10,418
Biweekly$6,165$4,808
Weekly$3,082$2,404
Hourly (40h/wk)$77.06$60.1
Hourly (35h/wk)$88.07$68.69
Hourly (30h/wk)$102.74$80.14
Daily (8h)$616$481

Take-home estimates use an effective tax rate of 22%. Actual amounts vary by filing status, deductions, and state tax.

Financial Managers: Highest-Paying Cities in the U.S.

Top 10 cities nationwide for financial managers, based on BLS median salary data.

Related Occupations in Rapid City

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