ROI Major

Industrial Engineering at South Dakota School of Mines and Technology

SD · Bachelor's Degree · CIP 14.35

Data: 2026 release

Executive Summary

Graduates with a Industrial Engineering degree from South Dakota School of Mines and Technology earn a median salary of $93,561 within five years of graduation. Adjusted for the cost of living in SD, this represents a national purchasing power equivalent of $99,745. The degree typically pays for itself in 3.8 years.

Quick Insights

Solid Investment

How this degree looks at a glance

A fast read on salary range, break-even speed, living-cost impact, and where bachelor's graduates from this school usually land.

Salary Ranges

Starting Range

$73,942

Typical Career

$93,561

Top Performers

$110,004

Estimated break-even: 3.8 years.

Debt-to-Income Check

$624

Estimated comfortable monthly loan payment

Typical monthly pay is approximately $7,797. Most students can comfortably afford about a $624 monthly loan payment with this degree.

Comparison Bench

This degree earns 2.4x more than the average US high school graduate and 1.2x more than the average college graduate.

Purchasing Power Context

A dollar in South Dakota buys what costs $0.94 nationally.

Industry Breadcrumbs

Top industries for bachelor's graduates from this school: Manufacturing, Professional, Scientific & Technical Services, Construction.

Where Bachelor's Graduates from This School Work

Manufacturing 30.1%
Professional, Scientific & Technical Services 23.1%
Construction 6.4%

Institution-wide industry mix for bachelor's graduates, 5 years after graduation. This is not major-specific. Source: Census PSEO Flows.

5-Year Median Salary — National Purchasing Power Equivalent

$99,745

Nominal: $93,561 in South Dakota (COL 93.8% of national avg) · 6.6% higher purchasing power

10-Year Earnings Curve

Break-Even Timeline

How long until cumulative earnings advantage exceeds total college investment (tuition + opportunity cost vs. entering workforce directly after high school).

3.8 years to break even
Graduation 15 years

Total Investment

$155,168

4yr tuition + 4yr opportunity cost

HS Graduate Baseline

$38,792/yr

BLS 2023 median, HS diploma

View Raw Data: Median Earnings by Year
Timeframe 25th Pct. Median (50th) 75th Pct.
1 Year After Graduation $56,295 $71,422 $83,092
5 Years After Graduation $73,942 $93,561 $110,004
10 Years After Graduation $82,614 $109,907 $138,294

Source: US Census Bureau Post-Secondary Employment Outcomes (PSEO), 2025 release. Earnings shown for Bachelor's degree graduates (all cohorts combined).

How We Calculate Purchasing Power

The median salary of $93,561 is reported by the US Census Bureau's Post-Secondary Employment Outcomes (PSEO) dataset for graduates working in SD, which has a cost-of-living index of 93.8% of the national average.

Formula: Adjusted Salary = Nominal × (1.0 ÷ COL Index)
= $93,561 × (1.0 ÷ 0.9380) = $99,745 National Average equivalent.

COL index source: BLS Regional Consumer Price Index & MIT Living Wage Project, 2023. Full methodology →

Career Verdict

Graduates with a degree in Industrial Engineering from the South Dakota School of Mines and Technology experience a positive earnings trajectory. One year after graduation, the median earnings stand at $71,422, which increases to $93,561 after five years and reaches $109,907 after ten years. When adjusted for purchasing power, the five-year salary equates to $99,745.2 nationally, indicating that graduates maintain a competitive salary relative to their peers across the country, despite a lower cost of living index in South Dakota (0.938 vs. national 1.0).

The top industries for graduates include Manufacturing (30.1%), Professional, Scientific & Technical Services (23.1%), and Construction (6.4%). This diverse range of sectors suggests a robust job market for Industrial Engineering graduates. With an estimated break-even point of approximately 3.8 years compared to a high-school-only path, the return on investment for pursuing this degree appears favorable, making it a viable option for students considering their future career prospects.

AI-assisted editorial analysis based on Census PSEO data. Fact-checked against source data.

Compare with Another School

See how the Industrial Engineering degree at South Dakota School of Mines and Technology stacks up against another institution side-by-side.

Data sources: US Census Bureau Post-Secondary Employment Outcomes (PSEO). Cost-of-living index: BLS Regional CPI & MIT Living Wage Project. Cost of attendance: IPEDS. For informational use only; data may be suppressed for small cohort sizes.

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