South Dakota variant. This is a South Dakota-specific version of the Workers Comp Cost Estimator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Workers Comp Cost Estimator.
Workers' compensation premiums in South Dakota are priced per $100 of payroll, by job classification. On a $71,810 salary at an illustrative $1.00 rate, the annual premium is about $718.
How South Dakota workers' comp is priced
Premium = (payroll ÷ 100) × class rate × experience modifier. Clerical roles carry low rates; construction and trucking carry much higher ones.
South Dakota sets its own rules and rates. The calculator above lets you enter your real payroll, class rate, and mod factor for an accurate South Dakota estimate.
About taxes and housing in South Dakota
South Dakota levies no state income tax on individuals.
South Dakota's effective property tax rate is near 1.17%, with median home values around $290,000.
South Dakota's economy is built on agriculture, financial services, and tourism centered on the Black Hills.
Worked example: $71,810 payroll
($71,810 ÷ 100) × $1.00 = $718/year at a sample clerical rate. A construction class rate of $8.00 would make it $5,745.
Quick reference
- State income tax: No state income tax
- State sales tax: 4.2% (plus 1.91% avg local)
- Median home value: $290,000
- Median household income: $71,810
- Effective property tax rate: 1.17%
- Avg auto insurance: $1,830/yr
Frequently Asked Questions
How is workers' comp calculated in South Dakota?
By payroll ÷ 100 × class rate × experience modifier, using South Dakota's approved rates.
Is workers' comp required in South Dakota?
Most South Dakota employers must carry coverage once they have employees; rules vary by industry and headcount.