StateRates

Tripp County, South Dakota property tax

The median homeowner in Tripp County, South Dakota pays $1,237 a year in property tax on a home worth $137,100, an effective rate of 0.90%. The national effective rate is 0.98%.

Effective rate 0.90% #31 of 36 in South Dakota
Median tax bill $1,237 per year
Median home value $137,100 owner-occupied
Median income $58,854 household

What the rate means here

Tripp County taxes property at 0.90%, within a rounding error of the national 0.98%. That makes the $1,237 median bill mostly a statement about local house prices rather than about local tax policy.

It ranks #31 of 36 South Dakota counties by effective rate, against a statewide 1.09%, and #1,243 nationally. The state runs from 2.23% in Todd County down to 0.44% in Oglala Lakota County.

The median home costs 2.33 times the median household income of $58,854, against 3.86 nationally, which is a comfortable ratio by American standards. 70.82% of occupied homes are owned rather than rented, and cheap housing relative to income is usually why. This is a small rural county of 5,607 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 $2,250 per year at 0.90%
$400,000 home $3,600 per year at 0.90%
$600,000 home $5,400 per year at 0.90%

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

Housing and income

Tripp County, South Dakota against South Dakota and the country
Tripp County South Dakota United States
Effective property tax 0.90% 1.09% 0.98%
Median tax bill $1,237 $2,590 $2,969
Median home value $137,100 $236,800 $303,400
Median gross rent $809 $912 $1,348
Median household income $58,854 $72,421 $78,538
Home price to income 2.33× 3.27× 3.86×
Rent as share of income 16.5% 15.11% 20.6%
Owner-occupied 70.82% 68.64% 65.02%

Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 5,607.

Nearby counties of similar size

Other South Dakota counties
County Rate Median bill Home value
McCook County 0.98% $2,133 $217,300
Day County 1.03% $1,598 $155,100
Walworth County 1.44% $1,866 $130,000
Brule County 0.85% $1,744 $205,500
Dewey County 1.34% $1,009 $75,400

Tripp County property tax: common questions

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

The effective rate is 0.90% of home value, from a median tax bill of $1,237 against a median home value of $137,100. That is 0.08 points below the national 0.98%.

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

Roughly $3,600 a year at the county effective rate of 0.90%.

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

It ranks #31 of 36 South Dakota counties by effective property tax rate, and #1243 of 2,826 nationally. That is 0.19 points below the South Dakota average of 1.09%.

What does housing cost in Tripp County?

The median home is worth $137,100 and median gross rent is $809 a month. Median household income is $58,854, which puts the home at 2.33 times annual income and rent at 16.5% of it.