South Dakota

Property Tax Rates & Rules

1.17%

Effective Rate

$3,100

Median Annual Tax

$265k

Median Home Value

Available

Homestead Exempt

Full Tax Details

Avg Effective Rate1.17%

Median Home Value$265,000

Median Annual Tax$3,100

Assessment Ratio85.00%

Homestead ExemptionYes

Senior ExemptionYes

Highest Rate CountyTodd

Lowest Rate CountyCuster

Payment ScheduleTwo installments: April 30 and October 31.

Assessment Method

Statutory mandate to assess at 100% full and true value, equalized to 85% for tax purposes.

Homestead Exemption Details

Property Tax Relief Program for low-income homeowners and assessment freeze for elderly/disabled.

Senior Exemption Details

Assessment Freeze for the Elderly and Disabled limits valuation growth for those 65+.

How to Appeal Your Assessment

Appeal to Local Board of Equalization by mid-March; then County Board in April.

Official Source

South Dakota Tax Authority

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.