Property Tax in Fall River County
via TaxByCounty
Fall River's rate slightly above average
Fall River County's effective tax rate of 1.064% sits above the U.S. median of 0.84%, placing it in the upper-middle tier nationally. The median annual tax of $1,876 remains well below the national median of $2,690 due to South Dakota's lower home values.
Slightly below South Dakota's average
Fall River County's 1.064% effective rate is marginally below South Dakota's 1.094% state average, making it fairly typical statewide. Residents pay a median of $1,876 annually, which is just above the state median of $1,785.
Middle-ground in regional comparison
Fall River County (1.064%) sits between Day County (1.030%) on the lower end and Davison (1.243%) on the higher end, making it a regional middle ground. Its $1,876 median tax is the second-highest among these peer counties.
Median home: roughly $1,876 yearly
A Fall River County homeowner with the median property value of $176,300 pays approximately $1,876 per year in property taxes at the 1.064% rate. That's about $156 monthly, fairly representative for the state.
Don't assume your assessment is accurate
Fall River County residents should verify their home's assessed value against recent comparable sales, as overassessment is common even in average-tax counties. A reassessment appeal can uncover and correct errors that reduce your annual bill.