South Dakota variant. This is a South Dakota-specific version of the Property Tax Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Property Tax Calculator.
South Dakota's effective property tax rate of 1.17% means the owner of a median $290,000 home pays roughly $3,393 per year - a figure that varies widely by state.
How South Dakota property tax is calculated
Property tax = assessed value × local millage rate. The 1.17% effective rate shown here is the statewide average of tax paid relative to market value, which smooths over county-by-county differences.
On the $290,000 South Dakota median home, that works out to about $3,393/year or $283/month - often escrowed into your mortgage payment.
About taxes and housing in South Dakota
South Dakota levies no state income tax on individuals.
South Dakota's effective property tax rate is near 1.17%, with median home values around $290,000.
South Dakota's economy is built on agriculture, financial services, and tourism centered on the Black Hills.
Worked example: tax on a $290,000 home
$290,000 × 1.17% = $3,393 per year. A $500,000 home in South Dakota would owe about $5,850 annually at the same effective rate.
Quick reference
- State income tax: No state income tax
- State sales tax: 4.2% (plus 1.91% avg local)
- Median home value: $290,000
- Median household income: $71,810
- Effective property tax rate: 1.17%
- Avg auto insurance: $1,830/yr
Frequently Asked Questions
What is the property tax rate in South Dakota?
South Dakota's effective property tax rate averages 1.17% of market value per year.
How much property tax on a $290,000 home in South Dakota?
About $3,393 per year at the 1.17% effective rate.