Meade County, South Dakota property tax
The median homeowner in Meade County, South Dakota pays $2,840 a year in property tax on a home worth $274,800, an effective rate of 1.03%. The national effective rate is 0.98%.
What the rate means here
Meade County taxes property at 1.03%, within a rounding error of the national 0.98%. That makes the $2,840 median bill mostly a statement about local house prices rather than about local tax policy.
It ranks #27 of 36 South Dakota counties by effective rate, against a statewide 1.09%, and #990 nationally. The state runs from 2.23% in Todd County down to 0.44% in Oglala Lakota County.
The median home costs 3.71 times the median household income of $74,161, close to the national 3.86. With 30,297 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
| Meade County | South Dakota | United States | |
|---|---|---|---|
| Effective property tax | 1.03% | 1.09% | 0.98% |
| Median tax bill | $2,840 | $2,590 | $2,969 |
| Median home value | $274,800 | $236,800 | $303,400 |
| Median gross rent | $1,150 | $912 | $1,348 |
| Median household income | $74,161 | $72,421 | $78,538 |
| Home price to income | 3.71× | 3.27× | 3.86× |
| Rent as share of income | 18.61% | 15.11% | 20.6% |
| Owner-occupied | 72.71% | 68.64% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 30,297.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Codington County | 1.06% | $2,310 | $218,000 |
| Lawrence County | 0.86% | $2,671 | $310,800 |
| Brookings County | 1.13% | $2,795 | $246,300 |
| Yankton County | 1.13% | $2,347 | $208,200 |
| Brown County | 1.20% | $2,553 | $212,900 |
Meade County property tax: common questions
What is the property tax rate in Meade County, South Dakota?
The effective rate is 1.03% of home value, from a median tax bill of $2,840 against a median home value of $274,800. That is 0.05 points above the national 0.98%.
How much is property tax on a $400,000 home in Meade County?
Roughly $4,120 a year at the county effective rate of 1.03%.
Is Meade County expensive compared with the rest of South Dakota?
It ranks #27 of 36 South Dakota counties by effective property tax rate, and #990 of 2,826 nationally. That is 0.06 points below the South Dakota average of 1.09%.
What does housing cost in Meade County?
The median home is worth $274,800 and median gross rent is $1,150 a month. Median household income is $74,161, which puts the home at 3.71 times annual income and rent at 18.61% of it.