Property Tax on a $450,000 Home in South Dakota

How Much is Property Tax on a $450,000 Home in South Dakota?

Property tax on a $450,000 home in South Dakota typically ranges from $3,150 to $8,100 per year (roughly $263 to $675/month), depending on the county. Based on the statewide average effective rate of 1.14%, you can expect to pay around $5,130/year, or $428/month. South Dakota has no state personal income tax; property taxes fund local governments and schools, resulting in above-average rates for a state without an income tax.