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As of August 01, 2026, the average salary for a Strategic Business Development in South Dakota is $120,486 per year, which breaks down to an hourly rate of $58.
However, a Strategic Business Development's salary can vary significantly. Here’s a look at the typical salary range:
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Strategic Business Development Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $131,741 | $10,978 | $2,533 | $63 |
| Average | $120,486 | $10,040 | $2,317 | $58 |
| 25th Percentile | $110,411 | $9,201 | $2,123 | $53 |
System One - Rapid City, SD
Empire Building Construction - Sioux Falls, SD
Infinity Business Group - Sioux Falls, SD
BankWest - Winner, SD
A Strategic Business Development'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 Strategic Business Development'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 |
|---|---|
| Business ... Level Strategic Business Development | $154,760 |
| Business ... Level Strategic Business Development | $106,146 |
| Strategic... Level Strategic Business Development | $122,585 |
| Business ... Level Strategic Business Development | $161,249 |
| Business ... Level Strategic Business Development | $195,261 |
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 Strategic Business Developments. 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 Strategic Business Development roles, the industry you choose can affect earning potential by as much as 70% (the gap between the highest and lowest paying industries). Data shows that the Biotechnology and Aerospace & Defense sectors offer the strongest compensation, at 50% above the average. In contrast, Strategic Business Development positions in Transportation or Hospitality & Leisure typically offer lower base pay, as these industries often view Strategic Business Development as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Biotechnology | $180,729 | $87.0 | 50% |
| Aerospace & Defense | $156,632 | $75.0 | 30% |
Understanding how a Strategic Business Development'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 | $131,741 | $10,978 | $2,533 | $63 |
| Average | $120,486 | $10,040 | $2,317 | $58 |
| 25th Percentile | $110,411 | $9,201 | $2,123 | $53 |
Ready to take the next step in your career? Browse thousands of current Strategic Business Development job openings on our job board. Use the search bar below to find your perfect match.
BankWest
Pierre, SD
BankWest | Pierre, SD
Business Development Officer. Pierre, SD, USA, Full Time. Scope of Job. The purpose of this position is to provide a development opportunity for Bankers ne... more
2 Days Ago
RMS Roller-Grinder
Harrisburg, SD
RMS Roller-Grinder | Harrisburg, SD
Job Description. Job Description. Business Development Manager. Refine what’s working and build the systems to scale it. We’re looking for a builder—not a ... more
3 Days Ago
Midstate Group LLC
Aberdeen, SD
Midstate Group LLC | Aberdeen, SD
Job Description. Job Description. Description. Employee Mission. Our employee mission is to be an employer of choice by providing our employees: a safe and... more
3 Days Ago
BankWest
Mitchell, SD
BankWest | Mitchell, SD
Business Development Officer. Mitchell, SD, USA. Full Time. We Are Growing. Scope of Job. This purpose of this position is to provide a development opportu... more
3 Days Ago
RMS Roller-Grinder
Harrisburg, SD
RMS Roller-Grinder | Harrisburg, SD
Job Description. Job Description. Business Development Representative (REMOTE). At RMS Roller-Grinder, we make machines that make magic happen—well, at lea... more
4 Days Ago
Property Meld
Rapid City, SD
Property Meld | Rapid City, SD
SaaS Associate Business Development Representative at Property Meld. Help introduce Property Meld to the people who need us most. Property Meld is transfor... more
5 Days Ago
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