Rapid City vs Vermillion: Financial Advisor Salary (2026)
Compare financial advisor salaries between Rapid City, SD and Vermillion, SD. All figures are 2026 estimates projected from BLS 2025 data.
Side-by-Side Comparison
| Metric | Rapid City, SD | Vermillion, SD |
|---|---|---|
| Median Salary | $107,184▲ | $93,032 |
| Hourly Rate | $51.54▲ | $44.73 |
| Entry Level (P10) | $83,869▲ | $53,959 |
| 25th Percentile | $105,201▲ | $66,983 |
| 75th Percentile | $119,301▲ | $119,081 |
| Top Earner (P90) | $174,949▲ | $144,200 |
| Total Employed | 70▲ | 6 |
Verdict
Rapid City, SD offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Vermillion.
The salary gap between Rapid City and Vermillion is $14,152 (15.21%). Rapid City's median is -1.25% compared to the US national median of $108,537.
Salary Range Comparison
The full salary range (10th to 90th percentile) in Rapid City spans $91,080,Vermillion spans $90,241. Rapid City has a wider pay range, meaning more potential for high earners but also more variation.
Cost-of-Living Adjusted Comparison
After cost-of-living adjustment, Rapid City ($120,215 effective) pays 19.92% more than Vermillion ($100,250 effective).
Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.
Which City Is Right for You?
Choose Rapid City if…
- ✓Higher median salary ($107,184/year)
- ✓Better top-earner potential ($174,949)
- ✓Larger job market (70 employed)
- ✓Better purchasing power (CoL-adjusted: $120,215)
- ✓You prefer the South Dakota area and lifestyle
Choose Vermillion if…
- ✓You prefer the South Dakota area and lifestyle
Historical Salary Growth Comparison
Based on BLS OEWS metropolitan area data, financial advisor salaries in Rapid City grew -19.6% from 2021 to 2025, compared to 28.1% growth in Vermillion over the same period.
Rapid City, SD
$129,060 (2021) → $103,760 (2025)
Vermillion, SD
$70,286 (2024) → $90,060 (2025)
View Full Salary Data
Rapid City, SD
Vermillion, SD
Frequently Asked Questions
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.
Data Sources & Methodology
Source: BLS, OEWS , released .
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov