McPherson County, South Dakota Property Taxes
Census Bureau ACS property tax data for South Dakota. Population: 726.
The median annual property tax in McPherson County is $1,218, which is 32% lower than the South Dakota state average and 37% below the national average. The effective tax rate is 1.55% on a median home value of $78,400. Property taxes represent 2.0% of the median household income in this county.
Median Annual Tax
$1,218
-32% vs State
-37% vs US
Median Home Value
$78,400
-53% vs State
-63% vs US
Effective Tax Rate
1.55%
+42% vs State
+63% vs US
With vs Without Mortgage
With Mortgage
$1,425
$119/mo
Without Mortgage
$1,166
$97/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 | $1,218 +10.3% | 1.55% |
| 2022 | $1,104 +28.4% | 1.42% |
| 2021 | $860 -4.6% | 1.26% |
| 2020 | $901 +0.7% | 1.44% |
| 2019 | $895 | 1.52% |
Tax Burden
Tax-to-Income Ratio
2.0%
of median household income
Median Income
$62,024
per year
Monthly Tax
$102
per month
Other Counties in South Dakota
Charles Mix County
Tax: $1,823/yr Rate: 1.08%
Brule County
Tax: $1,744/yr Rate: 0.85%
Ziebach County
Tax: $595/yr Rate: 0.59%
Douglas County
Tax: $1,466/yr Rate: 1.17%
Fall River County
Tax: $1,876/yr Rate: 1.06%
Hamlin County
Tax: $2,264/yr Rate: 1.09%
Frequently Asked Questions
What is the average property tax in McPherson County, South Dakota? ▼
The median annual property tax in McPherson County is $1,218 based on the most recent Census Bureau American Community Survey data. The effective tax rate is 1.55% on a median home value of $78,400.
How does McPherson County property tax compare to the national average? ▼
Property taxes in McPherson County are 37% below the national average of $1,923. The effective rate of 1.55% compares to 0.95% nationally.
Does having a mortgage affect property taxes in McPherson County? ▼
In McPherson County, homeowners with a mortgage pay a median of $1,425 in annual property taxes, while homeowners without a mortgage pay $1,166. This difference often reflects the value of homes rather than different tax rates.
What percentage of income goes to property taxes in McPherson County? ▼
Property taxes in McPherson County represent approximately 2.0% of the median household income of $62,024. 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.