Lincoln County, South Dakota property tax
The median homeowner in Lincoln County, South Dakota pays $3,822 a year in property tax on a home worth $323,500, an effective rate of 1.18%. The national effective rate is 0.98%.
What the rate means here
At 1.18%, Lincoln County taxes property more heavily than the country as a whole, which sits at 0.98%. Unusually, the housing is not cheap either. A rate above the national average on a home worth $323,500 produces a bill of $3,822, and both halves of that are working against the owner.
It ranks #9 of 36 South Dakota counties by effective rate, against a statewide 1.09%, and #725 nationally. The state runs from 2.23% in Todd County down to 0.44% in Oglala Lakota County.
The median home costs 3.35 times the median household income of $96,552, close to the national 3.86. Incomes here run above the national median, which is what keeps that ratio ordinary despite the house prices. With 68,286 residents, the sample behind these medians is small, and the survey's own margins of error are correspondingly wider.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Lincoln County | South Dakota | United States | |
|---|---|---|---|
| Effective property tax | 1.18% | 1.09% | 0.98% |
| Median tax bill | $3,822 | $2,590 | $2,969 |
| Median home value | $323,500 | $236,800 | $303,400 |
| Median gross rent | $1,237 | $912 | $1,348 |
| Median household income | $96,552 | $72,421 | $78,538 |
| Home price to income | 3.35× | 3.27× | 3.86× |
| Rent as share of income | 15.37% | 15.11% | 20.6% |
| Owner-occupied | 71.98% | 68.64% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 68,286.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Brown County | 1.20% | $2,553 | $212,900 |
| Brookings County | 1.13% | $2,795 | $246,300 |
| Meade County | 1.03% | $2,840 | $274,800 |
| Codington County | 1.06% | $2,310 | $218,000 |
| Lawrence County | 0.86% | $2,671 | $310,800 |
Lincoln County property tax: common questions
What is the property tax rate in Lincoln County, South Dakota?
The effective rate is 1.18% of home value, from a median tax bill of $3,822 against a median home value of $323,500. That is 0.2 points above the national 0.98%.
How much is property tax on a $400,000 home in Lincoln County?
Roughly $4,720 a year at the county effective rate of 1.18%.
Is Lincoln County expensive compared with the rest of South Dakota?
It ranks #9 of 36 South Dakota counties by effective property tax rate, and #725 of 2,826 nationally. That is 0.09 points above the South Dakota average of 1.09%.
What does housing cost in Lincoln County?
The median home is worth $323,500 and median gross rent is $1,237 a month. Median household income is $96,552, which puts the home at 3.35 times annual income and rent at 15.37% of it.