South Dakota State Taxes
Quick Tax Facts
Income Tax: 0%
State Sales Tax: 4.2%
Median Property Tax: $2,109
Overview
South Dakota is probably best known for Mount Rushmore and the Badlands. It’s also home to nine Indian reservations. Although the cost of living in the state is very low, residents have to deal with some pretty harsh winters. The low taxes, however, may be enough to overlook -58 degrees. There is no state income tax and very low sales taxes. Property taxes fall toward the middle of the pack.
South Dakota Income Tax
South Dakota does not levy a state income tax.
South Dakota Sales Tax
The South Dakota sales tax rate is 4.2%. Local municipalities may impose an additional general sale tax rate of up to 2%. They may also collect a 1% municipal gross receipts tax (MGRT).
South Dakota Property Taxes
South Dakota’s property tax rates are average when compared to other states. Counties collect an average of 1.14% of a property’s assessed fair market value.
The median property tax bill in South Dakota is approximately $2,109 (based on a median home value of $185,000). Lincoln County has the highest property tax at an average of $3,557. The lowest amount is $817 in Mellette County.
| Highest | $3557 |
|---|---|
| Median | $2109 |
| Lowest | $817 |
Yearly Cost Per Resident
South Dakota Tax Holidays
There are no tax holidays planned in South Dakota at this time.
South Dakota Tax Resources
If you have questions about taxes in South Dakota, please visit the South Dakota Department of Revenue website for additional resources.
