StateRates

Moody County, South Dakota property tax

The median homeowner in Moody County, South Dakota pays $2,231 a year in property tax on a home worth $206,300, an effective rate of 1.08%. The national effective rate is 0.98%.

Effective rate 1.08% #19 of 36 in South Dakota
Median tax bill $2,231 per year
Median home value $206,300 owner-occupied
Median income $77,500 household

What the rate means here

Moody County taxes property at 1.08%, within a rounding error of the national 0.98%. The median bill of $2,231 therefore tracks the median home value of $206,300 fairly directly, which is not true everywhere.

It ranks #19 of 36 South Dakota counties by effective rate, against a statewide 1.09%, and #893 nationally. The state runs from 2.23% in Todd County down to 0.44% in Oglala Lakota County.

The median home costs 2.66 times the median household income of $77,500, against 3.86 nationally, which is a comfortable ratio by American standards. 70.93% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 6,371 people. Five-year survey estimates for places this size carry wide margins of error, so treat the figures as approximate.

The rate is derived rather than quoted. How and why.

What that costs at different home values

$250,000 home $2,700 per year at 1.08%
$400,000 home $4,320 per year at 1.08%
$600,000 home $6,480 per year at 1.08%

Arithmetic at the county effective rate, before any exemption or assessment cap.

Housing and income

Moody County, South Dakota against South Dakota and the country
Moody County South Dakota United States
Effective property tax 1.08% 1.09% 0.98%
Median tax bill $2,231 $2,590 $2,969
Median home value $206,300 $236,800 $303,400
Median gross rent $723 $912 $1,348
Median household income $77,500 $72,421 $78,538
Home price to income 2.66× 3.27× 3.86×
Rent as share of income 11.19% 15.11% 20.6%
Owner-occupied 70.93% 68.64% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 6,371.

Nearby counties of similar size

Other South Dakota counties
County Rate Median bill Home value
Hamlin County 1.09% $2,264 $207,700
Spink County 1.31% $1,539 $117,400
McCook County 0.98% $2,133 $217,300
Bon Homme County 1.25% $1,499 $120,300
Tripp County 0.90% $1,237 $137,100

Moody County property tax: common questions

What is the property tax rate in Moody County, South Dakota?

The effective rate is 1.08% of home value, from a median tax bill of $2,231 against a median home value of $206,300. That is 0.1 points above the national 0.98%.

How much is property tax on a $400,000 home in Moody County?

Roughly $4,320 a year at the county effective rate of 1.08%.

Is Moody County expensive compared with the rest of South Dakota?

It ranks #19 of 36 South Dakota counties by effective property tax rate, and #893 of 2,826 nationally. That is 0.01 points below the South Dakota average of 1.09%.

What does housing cost in Moody County?

The median home is worth $206,300 and median gross rent is $723 a month. Median household income is $77,500, which puts the home at 2.66 times annual income and rent at 11.19% of it.