Portfolio Manager Salary
in Rapid City, SD
Manage investment portfolios on behalf of institutions or high-net-worth clients. Median salary in Rapid City: $162K/year. Data from BLS, O*NET, and H-1B disclosures.
Salary range in Rapid City
Source: BLS OES 2026, H-1B DOL Disclosures Q1 2026. Figures represent annual base salary in Rapid City, South Dakota.
Key facts for Rapid City
Salary forecast: Rapid City Portfolio Manager to 2030
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2025. At current growth rates, median salary reaches $162K by 2030.
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Portfolio Manager Salary in Rapid City, South Dakota: Complete Guide (2026)
The median Portfolio Manager salary in Rapid City, SD is $162,000 per year as of Q1 2025. This figure represents the midpoint of all reported compensation for this role in the Rapid City–SD metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Salary range for Portfolio Manager in Rapid City
Entry-level Portfolio Managers in Rapid City with 0–2 years of experience typically earn between $115,000 and $162,000 annually. Mid-career professionals with 3–7 years command $162,000 to $225,000, while senior-level practitioners with 8+ years of experience regularly earn $225,000 to $320,000 or more.
Cost of living in Rapid City for Portfolio Managers
Rapid City has a cost of living index of 88 compared to the US national average of 100. This means your salary goes approximately 12% further in Rapid City than the national average. Crucially, South Dakota has no state income tax — giving Rapid City-based Portfolio Managers an immediate 3–5% take-home pay advantage over workers in states like California (9.3%) or New York (6.85%).
Education requirements for Portfolio Manager
Bachelor's in Finance; CFA designation; MBA common. 40% of these roles offer some remote flexibility.