Corson County, South Dakota Property Taxes

Name: Property Tax Bills Across Corson County, South Dakota
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Corson County effective property tax rate: 0.93%, significantly lower than the national median of 1.02%.
Median Corson County home value: $35,728
Median annual Corson County tax bill: $577, $1,823 lower than the national median property tax bill of $2,400.

How are property taxes in Corson County calculated?

Property taxes in Corson County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in McIntosh or another part of Corson County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Corson County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.93%

Estimate Property Tax Bill

$332

$308

Ownwell’s Corson County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Corson County with just two data points. By entering your property's estimated assessed value, our calculator applies Corson County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Corson County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Corson County, South Dakota

Local government entities set tax rates, which can vary widely within a state. Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Corson County's effective property tax rate to other counties in South Dakota or the U.S. median property tax rate. Corson County has a median property tax rate of 0.93%, which is below the national median of 1.02%. Within the county, MC LAUGHLIN stands out with the highest median tax rate of 1.50%, while MC INTOSH has the lowest at 0.52%. This variation highlights the differences in budgetary needs and property values across the region. Understanding these differences can help property owners make informed decisions when considering property tax appeals or exemptions.

Property Tax Rates Across Corson County, South Dakota

Source: Ownwell

0.34%

0.92%

1.50%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Corson County Tax Rate

0.93%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Corson County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Isabel	0.31%	0.42%	0.55%	0.74%	0.82%
Lemmon	0.30%	0.38%	0.56%	0.83%	1.05%
Mc Intosh	0.35%	0.38%	0.52%	0.79%	1.13%
Mc Laughlin	0.32%	0.80%	1.50%	1.79%	2.35%
Meadow	0.64%	0.64%	0.65%	0.65%	0.65%
Morristown	0.23%	0.28%	0.37%	0.69%	0.97%
Timber Lake	0.27%	0.28%	0.34%	0.50%	0.74%
Trail City	0.25%	0.29%	0.37%	0.44%	0.51%
Watauga	0.31%	0.38%	0.54%	1.13%	1.37%
Keldron	N/A	N/A	N/A	N/A	N/A
Little Eagle	N/A	N/A	N/A	N/A	N/A
Mobridge	N/A	N/A	N/A	N/A	N/A
Wakpala	N/A	N/A	N/A	N/A	N/A
Walker	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Corson County, South Dakota

When examining property taxes in Corson County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Corson County Director of Equalization estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In Corson County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Corson County. For example, the median tax bill in Corson County is $993, with tax bills ranging significantly across the county. Meadow has the highest median home price at $195,733.

Property Tax Assessment Values Across Corson County, South Dakota

Source: Ownwell

$28,640

$112,187

$195,733

Median Corson County Market Value

$35,728

Median United States Market Value

$235,294

Property Tax Assessment Values Across Corson County, South Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Isabel	$7,367	$28,384	$109,792	$243,250	$312,828
Lemmon	$7,864	$13,132	$47,859	$171,543	$281,600
Mc Intosh	$2,128	$44,254	$121,310	$221,721	$349,769
Mc Laughlin	$5,653	$10,977	$28,640	$62,926	$257,431
Meadow	$51,002	$95,452	$195,733	$295,400	$329,314
Morristown	$6,220	$13,272	$144,079	$251,563	$374,051
Timber Lake	$5,177	$30,833	$111,596	$202,173	$439,242
Trail City	$10,929	$57,377	$186,615	$297,497	$456,551
Watauga	$4,207	$10,548	$60,849	$210,772	$390,485
Keldron	N/A	N/A	N/A	N/A	N/A
Little Eagle	N/A	N/A	N/A	N/A	N/A
Mobridge	N/A	N/A	N/A	N/A	N/A
Wakpala	N/A	N/A	N/A	N/A	N/A
Walker	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Corson County, South Dakota

In Corson County, SD, property tax bills are calculated based on the assessed value of a home, which is determined by the local assessor's office. This assessed value is then multiplied by the county's property tax rate to determine the annual tax bill. The median home price in Corson County is $35,728, and homeowners can expect different tax bills depending on their property's assessed value. For instance, the tax bill at the 25th percentile is $296, while at the 75th percentile, it rises to $990. The highest tax bills, around the 90th percentile, can reach $1,407. Comparatively, the national median property tax bill is $2,400, which suggests that Corson County's property taxes are relatively lower. The city of Isabel has the highest median tax bill in the county at $993, while Lemmon has the lowest at $294. These variations in tax bills can significantly impact homeowners, influencing their financial planning and the affordability of homeownership in the region.

Property Tax Bills Across Corson County, South Dakota

Source: Ownwell

$294

$644

$993

Median Corson County Tax Bill

$577

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Corson County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Isabel	$331	$468	$993	$1,147	$1,485
Lemmon	$127	$127	$294	$830	$1,495
Mc Intosh	$494	$643	$967	$1,100	$1,121
Mc Laughlin	$172	$314	$569	$868	$1,260
Meadow	$471	$575	$748	$921	$1,024
Morristown	$126	$295	$606	$1,097	$1,211
Timber Lake	$491	$585	$679	$917	$1,504
Trail City	$210	$366	$684	$1,062	$1,532
Watauga	$80	$103	$347	$907	$1,191
Keldron	N/A	N/A	N/A	N/A	N/A
Little Eagle	N/A	N/A	N/A	N/A	N/A
Mobridge	N/A	N/A	N/A	N/A	N/A
Wakpala	N/A	N/A	N/A	N/A	N/A
Walker	N/A	N/A	N/A	N/A	N/A

Source: Ownwell