Faulk County, South Dakota Property Taxes
Census Bureau ACS property tax data for South Dakota. Population: 685.
The median annual property tax in Faulk County is $946, which is 47% lower than the South Dakota state average and 51% below the national average. The effective tax rate is 0.76% on a median home value of $124,100. Property taxes represent 1.6% of the median household income in this county.
Median Annual Tax
$946
-47% vs State
-51% vs US
Median Home Value
$124,100
-26% vs State
-41% vs US
Effective Tax Rate
0.76%
-30% vs State
-20% vs US
With vs Without Mortgage
With Mortgage
$1,026
$86/mo
Without Mortgage
$809
$67/mo
Homeowners with a mortgage typically own higher-valued properties, which can result in higher tax bills.
Property Tax History
| Year | Median Tax | Effective Rate |
|---|---|---|
| 2023 | $946 +0.2% | 0.76% |
| 2022 | $944 +4.7% | 0.82% |
| 2021 | $902 -3.6% | 0.96% |
| 2020 | $936 -0.7% | 1.06% |
| 2019 | $943 | 1.11% |
Tax Burden
Tax-to-Income Ratio
1.6%
of median household income
Median Income
$58,000
per year
Monthly Tax
$79
per month
Other Counties in South Dakota
Roberts County
Tax: $1,460/yr Rate: 1.05%
Marshall County
Tax: $1,336/yr Rate: 0.91%
Custer County
Tax: $2,549/yr Rate: 0.78%
Bennett County
Tax: $1,424/yr Rate: 1.03%
Ziebach County
Tax: $595/yr Rate: 0.59%
Codington County
Tax: $2,310/yr Rate: 1.06%
Frequently Asked Questions
What is the average property tax in Faulk County, South Dakota? ▼
The median annual property tax in Faulk County is $946 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 0.76% on a median home value of $124,100.
How does Faulk County property tax compare to the national average? ▼
Property taxes in Faulk County are 51% below the national average of $1,923. The effective rate of 0.76% compares to 0.95% nationally.
Does having a mortgage affect property taxes in Faulk County? ▼
In Faulk County, homeowners with a mortgage pay a median of $1,026 in annual property taxes, while homeowners without a mortgage pay $809. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in Faulk County? ▼
Property taxes in Faulk County represent approximately 1.6% of the median household income of $58,000. The national benchmark is generally 2-4% of household income.
Explore More Data
Data source: U.S. Census Bureau, American Community Survey 5-Year Estimates. Property tax data reflects median amounts paid by homeowners. Effective rates are calculated as median tax divided by median home value.