Lincoln County, South Dakota Property Taxes

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

Median Lincoln County effective property tax rate: 1.68%, significantly higher than the national median of 1.02%.
Median Lincoln County home value: $266,035
Median annual Lincoln County tax bill: $4,198, $1,798 higher than the national median property tax bill of $2,400.

How are property taxes in Lincoln County calculated?

Property taxes in Lincoln 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 Canton or another part of Lincoln County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Lincoln County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.68%

Estimate Property Tax Bill

$4,469

$4,147

Ownwell’s Lincoln County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Lincoln County with just two data points. By entering your property's estimated assessed value, our calculator applies Lincoln 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 Lincoln County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Lincoln County, South Dakota

Local government entities set tax rates, which can vary widely within a state. 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 Lincoln County's effective property tax rate to other counties in South Dakota or the U.S. median property tax rate. Lincoln County has a median tax rate of 1.68%, which is higher than the national median property tax rate of 1.02%. Within South Dakota, the city of Tea has the highest median tax rate at 1.76%, while Centerville boasts the lowest at 0.91%. This highlights the variability in property tax rates across different regions, emphasizing the importance of understanding local tax dynamics to manage your property tax liabilities effectively.

Property Tax Rates Across Lincoln County, South Dakota

Source: Ownwell

0.91%

1.34%

1.76%

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 Lincoln County Tax Rate

1.68%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Lincoln County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Alcester	0.92%	1.08%	1.09%	1.12%	1.14%
Beresford	0.97%	1.07%	1.15%	1.39%	1.47%
Canton	1.00%	1.06%	1.63%	1.63%	1.66%
Centerville	0.78%	0.89%	0.91%	0.98%	1.07%
Fairview	0.75%	0.98%	1.20%	1.20%	1.23%
Harrisburg	1.37%	1.64%	1.69%	1.72%	1.82%
Hudson	0.95%	1.05%	1.71%	1.71%	1.71%
Lennox	0.98%	1.02%	1.67%	1.76%	2.01%
Sioux Falls	1.35%	1.37%	1.69%	1.71%	1.73%
Tea	1.29%	1.73%	1.76%	1.79%	1.88%
Worthing	0.99%	1.04%	1.41%	1.43%	1.52%
Davis	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Lincoln County, South Dakota

When examining property taxes in Lincoln 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 Lincoln County Department 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 Lincoln County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Lincoln County. For example, the median tax bill in Lincoln County is $3,193, with tax bills ranging significantly across the county. Sioux Falls has the highest median home price at $299,587.

Property Tax Assessment Values Across Lincoln County, South Dakota

Source: Ownwell

$72,486

$200,056

$327,626

Median Lincoln County Market Value

$266,035

Median United States Market Value

$235,294

Property Tax Assessment Values Across Lincoln County, South Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Alcester	$106,016	$133,194	$188,412	$355,132	$467,062
Beresford	$42,936	$98,371	$181,099	$276,931	$407,969
Canton	$76,136	$120,395	$171,714	$282,734	$409,084
Centerville	$131,710	$194,080	$277,580	$404,196	$530,652
Fairview	$2,667	$23,421	$72,486	$172,249	$352,258
Harrisburg	$161,364	$207,383	$247,818	$320,051	$462,683
Hudson	$14,110	$38,835	$85,063	$184,970	$313,700
Lennox	$88,919	$142,571	$200,442	$309,598	$451,062
Sioux Falls	$195,723	$229,868	$299,587	$424,175	$585,896
Tea	$166,672	$202,659	$257,240	$337,130	$423,470
Worthing	$95,946	$155,761	$188,189	$259,808	$418,994
Davis	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Lincoln County, South Dakota

In Lincoln County, South Dakota, property tax bills are calculated based on the assessed value of a home, which is determined by local assessors. The median home price in this county is $266,035. Homeowners in Lincoln County face an average property tax bill that varies significantly depending on the value of their property. For instance, a homeowner at the 25th percentile pays around $3,193, while those at the 75th percentile see bills as high as $5,892. The most substantial tax bills, reaching the 90th percentile, are approximately $8,059. Notably, Sioux Falls has the highest median tax bill in the county at $4,813, while Fairview offers some relief with the lowest at $869. These figures illustrate how property taxes can impact homeowners differently, often influenced by the market value of their property and the local tax rate. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Lincoln County's tax obligations can be relatively burdensome for some homeowners.

Property Tax Bills Across Lincoln County, South Dakota

Source: Ownwell

$869

$3,066

$5,262

Median Lincoln County Tax Bill

$4,198

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Lincoln County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Alcester	$748	$1,384	$2,112	$3,874	$4,935
Beresford	$634	$1,340	$2,109	$3,070	$4,409
Canton	$1,234	$1,903	$2,640	$3,737	$5,090
Centerville	$1,281	$1,744	$2,512	$3,764	$4,670
Fairview	$52	$316	$869	$1,840	$3,179
Harrisburg	$2,733	$3,533	$4,171	$5,170	$6,790
Hudson	$248	$672	$1,400	$2,259	$3,419
Lennox	$1,424	$2,348	$3,102	$4,157	$5,561
Sioux Falls	$2,992	$3,558	$4,813	$6,878	$9,031
Tea	$2,898	$3,524	$4,286	$5,480	$6,945
Worthing	$1,352	$2,115	$2,617	$3,068	$4,486
Davis	N/A	N/A	N/A	N/A	N/A

Source: Ownwell