As of July 01, 2026, the average salary for a Prop Trader in South Dakota is $68,706 per year, which breaks down to an hourly rate of $33.
However, a Prop Trader's salary can vary significantly. Here’s a look at the typical salary range:
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Prop Trader Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $74,528 | $6,211 | $1,433 | $36 |
| Average | $68,706 | $5,726 | $1,321 | $33 |
| 25th Percentile | $62,661 | $5,222 | $1,205 | $30 |
Focus Staff - RAPID CITY, SD
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Focus Staff - WEIRTON, WV
A Prop Trader's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Prop Trader's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Prop Trad... Level Prop Trader | $69,966 |
| Data Ware... Level Prop Trader | $89,443 |
| Data Ware... Level Prop Trader | $102,688 |
| Data Ware... Level Prop Trader | $120,696 |
| Data Ware... Level Prop Trader | $132,670 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Prop Traders. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
For Prop Trader roles, the industry you choose can affect earning potential by as much as 65% (the gap between the highest and lowest paying industries). Data shows that the Software & Networking and Financial Services sectors offer the strongest compensation, at 30% above the average. In contrast, Prop Trader positions in Transportation or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Prop Trader as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Software & Networking | $89,318 | $43.0 | 30% |
| Financial Services | $85,883 | $41.0 | 25% |
| Biotechnology | $79,012 | $38.0 | 15% |
Understanding how a Prop Trader's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $74,528 | $6,211 | $1,433 | $36 |
| Average | $68,706 | $5,726 | $1,321 | $33 |
| 25th Percentile | $62,661 | $5,222 | $1,205 | $30 |
Ready to take the next step in your career? Browse thousands of current Prop Trader job openings on our job board. Use the search bar below to find your perfect match.
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