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FinanceSouth Dakota (SD)

Actuary Salary in South Dakota

Take-home pay breakdown using 2025 tax rates โ€” single filer, standard deduction

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South Dakota has no state income tax!
South Dakota is one of a handful of states with no individual income tax, which means you keep more of every paycheck compared to most other states. No state income tax.
$120,000
Gross Salary
national median
$92,771
Annual Take-Home
77.3% of gross
$7,731
Monthly Take-Home
after all taxes
$3,568
Bi-Weekly Paycheck
after all taxes

Full Tax Breakdown โ€” South Dakota

Based on national median Actuary salary of $120,000, single filer, 2025 tax year

Gross Annual Salary
$120,000
Deductions
Federal Income Tax
Effective rate: 15.0%
-$18,049
South Dakota State Income Tax
No state income tax!
$0
Social Security Tax
6.2% up to wage base
-$7,440
Medicare Tax
1.45%
-$1,740
Total Taxes
22.7% effective rate
-$27,229
Net Take-Home Pay (Annual)
$92,771
Net Take-Home Pay (Monthly)
$7,731
Net Take-Home Pay (Bi-Weekly)
$3,568

Where Your Money Goes

Take-Home Pay$92,771 (77.3%)
Federal Income Tax$18,049 (15.0%)
South Dakota State Tax (none)$0 (0.0%)
FICA (SS + Medicare)$9,180 (7.6%)

South Dakota vs. National Average

National Median Salary
$120,000
Used for calculations on this page
State Income Tax
None โ˜…
South Dakota has no state income tax
Property Tax Rate
1.3%
Effective rate on home value
State Sales Tax
4.5%
State rate (local rates may vary)

No state income tax.

Frequently Asked Questions โ€” Actuary in South Dakota

How much does a Actuary take home in South Dakota?

On a national median salary of $120,000, a Actuary in South Dakota takes home approximately $92,771/year ($7,731/month) after federal income tax, FICA taxes (no state income tax in South Dakota). This represents an effective total tax rate of 22.7%.

Does South Dakota have a state income tax?

South Dakota has no state individual income tax, which is a significant advantage for workers. On a $120,000 salary, you save $4,800โ€“$8,400 compared to living in a high-tax state. No state income tax.

How does South Dakota compare to other states for Actuarys?

South Dakota is one of nine states with no state income tax, giving workers a built-in take-home pay advantage. On the same $120,000 salary, South Dakota residents keep more than workers in states like California, New York, or Minnesota.

What other taxes does a Actuary pay in South Dakota?

In addition to federal income tax, workers pay FICA taxes: Social Security (6.2% on wages up to the $168,600 wage base in 2025) and Medicare (1.45%, plus 0.9% surcharge on earnings over $200,000). Local income taxes may also apply in some South Dakota cities. South Dakota's property tax rate is 1.3%, and the state sales tax rate is 4.5%.

Calculations use 2025 federal and state tax rates. Single filer, standard deduction. Does not include local taxes, pre-tax retirement contributions, or employer benefits. Salary data sourced from U.S. Bureau of Labor Statistics (BLS) OEWS. Last updated: March 2025. For personalized calculations, use the Paycheck Calculator.