Pennington County, South Dakota property tax
The median homeowner in Pennington County, South Dakota pays $3,049 a year in property tax on a home worth $270,400, an effective rate of 1.13%. The national effective rate is 0.98%.
What the rate means here
Pennington County taxes property at 1.13%, within a rounding error of the national 0.98%. With the rate close to typical, the $3,049 bill is driven by what housing is worth here rather than by how hard it is taxed.
It ranks #12 of 36 South Dakota counties by effective rate, against a statewide 1.09%, and #797 nationally. The state runs from 2.23% in Todd County down to 0.44% in Oglala Lakota County.
The median home costs 3.82 times the median household income of $70,768, close to the national 3.86. The county has 112,081 residents, which is small enough that the medians describe a reasonably coherent market.
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
| Pennington County | South Dakota | United States | |
|---|---|---|---|
| Effective property tax | 1.13% | 1.09% | 0.98% |
| Median tax bill | $3,049 | $2,590 | $2,969 |
| Median home value | $270,400 | $236,800 | $303,400 |
| Median gross rent | $1,066 | $912 | $1,348 |
| Median household income | $70,768 | $72,421 | $78,538 |
| Home price to income | 3.82× | 3.27× | 3.86× |
| Rent as share of income | 18.08% | 15.11% | 20.6% |
| Owner-occupied | 69.08% | 68.64% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 112,081.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Lincoln County | 1.18% | $3,822 | $323,500 |
| 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 |
Pennington County property tax: common questions
What is the property tax rate in Pennington County, South Dakota?
The effective rate is 1.13% of home value, from a median tax bill of $3,049 against a median home value of $270,400. That is 0.15 points above the national 0.98%.
How much is property tax on a $400,000 home in Pennington County?
Roughly $4,520 a year at the county effective rate of 1.13%.
Is Pennington County expensive compared with the rest of South Dakota?
It ranks #12 of 36 South Dakota counties by effective property tax rate, and #797 of 2,826 nationally. That is 0.04 points above the South Dakota average of 1.09%.
What does housing cost in Pennington County?
The median home is worth $270,400 and median gross rent is $1,066 a month. Median household income is $70,768, which puts the home at 3.82 times annual income and rent at 18.08% of it.