Property Taxes in South Dakota
South Dakota's effective property tax rate is 0.99%, ranking #35 out of 50 states (1 = lowest). The median annual property tax paid is $2,614.
Tax Rate
0.99%
Median Annual Tax
$2,614
National Rank
#35 of 50
1 = lowest
Homestead Exemption
Yes
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Annual Property Tax by Home Price
| Home Price | Annual Tax | Monthly |
|---|---|---|
| $200,000 | $1,980 | $165 |
| $300,000 | $2,970 | $248 |
| $400,000 | $3,960 | $330 |
| $500,000 | $4,950 | $413 |
| $750,000 | $7,425 | $619 |
* Based on the average effective rate of 0.99%. Actual rates vary by county and municipality.
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Homestead Exemption in South Dakota
✓Homestead Exemption Available
Unlimited value, up to 1 acre in city
File for the homestead exemption after purchasing your primary residence in South Dakota to reduce your assessed property value, lowering your annual tax bill. Contact your county assessor's office for the application.
How South Dakota Compares
#1
Hawaii 0.32%
#2
Alabama 0.36%
#3
Arizona 0.44%
#4
South Carolina 0.47%
#5
Utah 0.47%
...
#35
South Dakota (You)0.99%
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