Product Manager Salary in Sioux Falls, South Dakota

Sioux Falls has a finance and insurance sector with some companies located locally. Salaries reflect employer demand for digital product expertise. The city's living costs influence overall job appeal.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

$77,000 to $95,000

Average (per year)

$86,000

Entry-level roles focus on support for financial technology, healthcare, or insurance product teams.

Mid-level (3-5 years)

Salary range (per year)

$95,000 to $115,000

Average (per year)

$105,000

Mid-level managers oversee digital initiatives at major Sioux Falls employers, including banks and national insurance carriers.

Senior (6-9 years)

Salary range (per year)

$115,000 to $137,000

Average (per year)

$126,000

Senior product managers are responsible for projects and lead cross-functional teams.

Principal/Lead (10+ years)

Salary range (per year)

$137,000+

Principal or lead roles head up product divisions for large institutions or direct innovation strategies.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

$38 - $47

per hour

Mid-level

$48 - $60

per hour

Senior

$61 - $75

per hour