Free property tax calculator tailored for South Dakota (SD). Calculate instantly with state-specific rates and rules.
South Dakota has an effective property tax rate of 1.14%, producing an average annual bill of $2,447. The US national average is 1.07% — South Dakota's rate is near the national average, placing it at rank #31 out of 50 states (rank 1 = lowest).
South Dakota assesses all real property at full market value (100%) annually. The state does not have an income tax, increasing the relative burden on property taxes to fund state services.
The Owner-Occupied Residential Property Assessment Freeze limits annual increases in assessed value to 3% for primary residences. The Senior Citizen and Disabled Persons Assessment Freeze further restricts increases for qualifying homeowners.
The 3% annual cap on residential assessments is South Dakota's primary taxpayer protection. No income tax means property taxes carry more weight in funding local governments.
South Dakota is one of only a few states with no personal income tax and no corporate income tax. This "no income tax" advantage draws businesses and retirees, supporting long-term demand in markets like Sioux Falls and Rapid City.
The median home value in South Dakota is $280,000. Sioux Falls has been one of the Midwest's steadier growth markets. The Black Hills area (Rapid City, Custer) has attracted recreational buyers. At the 1.14% effective rate, a homeowner at the median value pays roughly $2,447/year in property taxes.
Data: Tax Foundation (2024), US Census Bureau ACS 2023, Zillow, ATTOM Data Solutions. Updated 2024–2025. Figures reflect state averages — consult a licensed professional for personalized advice.
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