Quick answer:Accountants and Auditors in the Rapid City area earn a median $79,270 per year, below the national median of $83,680, and the metro employs about 840 of them (BLS OEWS, May 2025).
Accounting Pay in Rapid City, SD
Metric
Rapid City metro
South Dakota
National
Median annual wage
$79,270
$78,880
$83,680
10th percentile
$62,260
$61,190
$56,020
25th percentile
$68,310
$66,970
$67,020
75th percentile
$97,170
$97,920
$109,810
90th percentile
$119,200
$115,470
$144,090
Employment
840
5,820
1,449,500
Location quotient
1.22
-
1.00
Source: BLS OEWS, May 2025. Metro figures cover the Rapid City, SD metropolitan statistical area.
What the Numbers Say About This Market
The Rapid City median of $79,270 is below the national median of $83,680, and above the South Dakota statewide median of $78,880 (BLS OEWS, May 2025).
The metro’s location quotient of 1.22 means accountants and auditors are more concentrated here than in the average U.S. labor market (BLS OEWS, May 2025). Higher concentration generally means more employers competing for the same people, and an easier job change later.
Accounting employment follows the local concentration of corporate headquarters, public accounting firms and government offices.
Licensing is a state matter, not a city one. Accounting work does not require a license, but the CPA credential does: it is issued by a state board of accountancy, and the Uniform CPA Examination is administered through AICPA and NASBA. The education requirement commonly exceeds what a bachelor’s degree alone provides, and the exact rule is set by each state board and has been changing. Business programs may be accredited by AACSB, ACBSP or IACBE.
Schools in our database near this area, ranked by BOC Score. The list favors schools with a related program on record, but program availability and delivery format change, so confirm directly with any school that it currently offers the program you want.
How We Rank Schools
We first gather the schools closest to the city or state page you are viewing, then rank that
local group by BOC Score, with the highest at the top. The BOC Score is computed from federal
IPEDS and College Scorecard data; schools without enough data to score appear last.
LOCAL RANK
Location / proximity to this page
Defines the local group
Graduation rate
30%
Median earnings, 10 years after entry
25%
Average net price (lower is better)
20%
Retention rate
15%
Fully online availability
10%
Schools without enough federal outcome data appear after ranked schools, without a score.
Advertising never affects these rankings. Read the full methodology.
How much do accountants and auditors make in Rapid City?
The median annual wage for accountants and auditors in the Rapid City, SD metro area is $79,270, below the national median of $83,680 (BLS OEWS, May 2025).
How many accountants and auditors work in the Rapid City area?
The Rapid City, SD metro area employs about 840 accountants and auditors (BLS OEWS, May 2025).
Do accountants and auditors in Rapid City need a license?
Licensing is handled at state level rather than by city. Accounting work does not require a license, but the CPA credential does: it is issued by a state board of accountancy, and the Uniform CPA Examination is administered through AICPA and NASBA. The education requirement commonly exceeds what a bachelor's degree alone provides, and the exact rule is set by each state board and has been changing. Business programs may be accredited by AACSB, ACBSP or IACBE. Confirm current requirements with your state board of accountancy.
Can I study accounting online from Rapid City?
The academic portion of these programs is widely available online for working adults, while labs, clinical hours or supervised field work are completed in person. Check that the program's accreditation satisfies your state board of accountancy.
Is Rapid City a better market than the rest of South Dakota?
The Rapid City metro median is $79,270 against a statewide median of $78,880 (BLS OEWS, May 2025). Compare that gap with the difference in living costs before treating it as a raise.
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 - Accountants and Auditors (SOC 13-2011), national, state and metropolitan estimates
U.S. Bureau of Labor Statistics, Employment Projections, 2024-34
U.S. Bureau of Labor Statistics, Occupational Outlook Handbook - education and licensing requirements
Wage and employment figures describe the occupation as measured by the Bureau of Labor Statistics, not the graduates of any particular program, and individual outcomes may vary. Licensing rules change; confirm current requirements with the responsible state board before enrolling.
About this guide: Researched and written by the TradeCareerPath Editorial Team. Our editorial team researches and sources every trade school and career guide using federal labor and education data, including BLS OEWS and Employment Projections, DOL apprenticeship records, IPEDS, College Scorecard, and state licensing boards. We follow the editorial standards documented at /editorial-policy/.
