South Dakota is a good state in which to find employment as a private investigator or private detective. The state had the second highest concentration of these types of jobs per population in the country according to the Bureau of Labor Statistics (BLS).
One hundred and sixty private investigators were employed in South Dakota in 2012, and their ranks are expected to swell by 15.6% between 2010 and 2020 according to the state’s occupational employment projections.
The BLS has provided information on the salaries of private investigators in South Dakota in 2012. They earned an average salary of $33,720, while those with experience who were in the top tenth percentile made $59,340 per year.
It is relatively easy to become a private investigator in South Dakota, since there are no licensing requirements for private investigators. Aspiring PIs should be prepared to establish themselves as sole proprietors or to incorporate and then obtain a business license.
A number of different types of jobs are available for private investigators. The largest group of employers is typically investigative and security firms. These professionals also work for insurance companies, helping them to prevent fraud in their worker’s compensation policies.
Many private investigators work for stores helping them to minimize their losses from shoplifters or theft from employees. Local and state governments employ PIs to perform background checks on potential employees and license holders.
A smaller percentage of private investigators work in the more lucrative fields of the manufacturing of aerospace components or medical devices. They help to protect trade secrets.
Individuals are a common source of employment for PIs. Before making substantial investments, the potential investors often want to ensure that their deposits are being made with an ethical person. Other individuals hire PIs for more personal matters, such as investigating a spouse’s potential infidelity or helping them with child custody situations.