Property taxes in South Dakota can be levied by any of the following tax authorities: school districts, cities, townships, counties, water districts and additional special districts for specific purposes such as fire protection or sanitary systems. Taxes are based on a home’s true market value, which is determined annually by the county director of equalization in each county.
The tax rate on a home in South Dakota is equal to the total of all the rates for tax districts in which that home lies, including school districts, municipalities and counties.
An owner-occupied residence, which is a property that the owner lives in, is eligible for a lower tax rate than other types of property.