BestOnlineCollege.org is an advertising-supported website. Many of the school and program listings that appear on this site are from partners who compensate us, and this compensation may affect how, where, and in what order listings appear (such as featured placements). This compensation does not influence our editorial content, evaluations, or rankings, which are determined independently using publicly available data. We do not review or feature every school or program available in the marketplace. Our goal is to provide accurate, unbiased information so you can make informed decisions. Read our full Advertiser Disclosure.
Best Risk Management Schools Near Rapid City, SD (2026)
Updated August 11, 2026BLS dataCollege ScorecardOn this page
Rapid City, South Dakota is home to about 76,836 residents. Median household income is $65,712 (Census ACS 2023, 5-year). About 36.4% of adults 25+ hold a bachelor’s degree or higher. In the Rapid City, SD metro area, the top-earning risk management-related role is Financial Manager at a median $160,280 annually (BLS OEWS, May 2025).
Closest Risk Management Schools to Rapid City
The accredited institutions listed below are the closest in our directory that offer risk management programs near Rapid City, ranked by BOC Score and straight-line distance from Rapid City city center. The list is rebuilt from federal IPEDS data on every site update.
Rapid City is part of the Rapid City, SD metro area (BLS area code 39660). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to South Dakota statewide.
Occupation
Median Wage
Source
COL-Adjusted (US=100)
Financial Risk Specialist
$78,960
SD statewide
$88,520
Financial Manager
$160,280
Rapid City, SD
$179,686
Insurance Underwriter
$83,130
SD statewide
$93,195
Source: BLS, May 2025 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.
Rapid City at a Glance
Metric
Value
Source
Population
76,836
Census ACS 2023 5-yr (B01003)
Median household income
$65,712
Census ACS 2023 5-yr (B19013)
Adults 25+ with bachelor’s+
36.4%
Census ACS 2023 5-yr (B15003)
Regional Price Parity (US=100)
89.2 (below U.S. average)
BEA RPP 2024
Frequently Asked Questions
What are the highest-paying risk management roles near Rapid City?
Based on BLS OEWS May 2025 wage data, the top-paying risk management-related roles near Rapid City are: Financial Manager ($160,280), Insurance Underwriter ($83,130), Financial Risk Specialist ($78,960). These reflect MSA-level medians where published, with South Dakota statewide fallback for occupations not reported at the metro level.
Is Rapid City an affordable place to study risk management?
Rapid City’s median household income of $65,712 (Census ACS 2023) is one input. Online programs let students stay in Rapid City while attending lower-cost out-of-state schools, and South Dakota public universities often offer reduced in-state online tuition.
How do I verify a program is accredited?
Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.
Data verified: August 11, 2026.
Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.