Meade County, South Dakota Property Taxes

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

Median Meade County effective property tax rate: 1.10%, slightly higher than the national median of 1.02%. Median Meade County home value: $257,121. Median annual Meade County tax bill: $2,959, $559 higher than the national median property tax bill of $2,400.

How are property taxes in Meade County calculated?

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

Last Updated March 1, 2025

Meade County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.1%

Estimate Property Tax Bill

$2,828

$2,625

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

Property Tax Rates Across Meade County, South Dakota

Local government entities set tax rates, which can vary widely within a state. This variation is due to each county estimating its required budget annually to provide essential services. The total value of all taxable property within its jurisdiction is then divided by this budget, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.

You can compare Meade County's effective property tax rate to other counties in South Dakota or the U.S. median property tax rate. Meade County's tax rate is slightly above the national median property tax rate of 1.02%, with a median rate of 1.10%. Within South Dakota, the highest median property tax rate is found in Faith at 1.26%, while Opal boasts the lowest at 0.83%. Understanding these differences can help property owners make informed decisions about their investments and potential savings through tax appeals.

Property Tax Rates Across Meade County, South Dakota

Source: Ownwell

0.83%

1.04%

1.26%

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 Meade County Tax Rate

1.10%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Meade County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Black Hawk	0.87%	0.94%	1.00%	1.06%	1.12%
Box Elder	1.00%	1.04%	1.24%	1.26%	1.34%
Elm Springs	0.78%	0.82%	0.86%	0.89%	1.01%
Enning	0.82%	0.84%	0.87%	0.92%	0.98%
Faith	0.89%	1.19%	1.26%	1.58%	1.58%
Howes	0.86%	0.91%	1.00%	1.13%	1.36%
Mud Butte	0.80%	0.83%	0.91%	0.95%	0.97%
New Underwood	0.83%	0.88%	0.92%	0.98%	1.00%
Opal	0.78%	0.82%	0.83%	0.89%	0.91%
Owanka	0.83%	0.87%	0.91%	0.96%	0.99%
Piedmont	0.87%	0.97%	1.09%	1.17%	1.23%
Rapid City	0.94%	1.02%	1.05%	1.14%	1.20%
Red Owl	0.79%	0.83%	0.86%	0.91%	0.96%
Stoneville	0.69%	0.78%	0.88%	0.95%	1.10%
Sturgis	0.91%	1.10%	1.14%	1.31%	1.44%
Summerset	1.10%	1.10%	1.11%	1.15%	1.16%
Union Center	0.77%	0.83%	0.86%	0.95%	0.98%
Vale	0.82%	0.86%	0.91%	0.98%	1.05%
Wasta	0.79%	0.81%	0.85%	0.91%	0.96%
White Owl	0.77%	0.78%	0.85%	0.89%	1.04%
Whitewood	0.87%	0.93%	0.98%	1.01%	1.09%

Source: Ownwell

Property Tax Assessment Values Across Meade County, South Dakota

When examining property taxes in Meade 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 Meade 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. Assessment notices: 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 Meade County. For example, the median tax bill in Meade County is $2,400, with tax bills ranging significantly across the county. Summerset has the highest median home price at $351,946.

Property Tax Assessment Values Across Meade County, South Dakota

Source: Ownwell

$73,709

$255,278

$436,847

Median Meade County Market Value

$257,121

Median United States Market Value

$235,294

Property Tax Assessment Values Across Meade County, South Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Black Hawk	$32,003	$176,357	$238,424	$309,690	$453,865
Box Elder	$185,288	$273,955	$316,465	$351,856	$393,722
Elm Springs	$143,804	$170,440	$285,606	$352,976	$541,257
Enning	$34,563	$74,330	$161,666	$262,252	$336,530
Faith	$10,629	$31,153	$73,709	$120,722	$172,495
Howes	$38,542	$80,514	$128,688	$195,326	$274,672
Mud Butte	$22,732	$68,211	$118,041	$192,422	$227,072
New Underwood	$26,829	$124,972	$240,807	$336,134	$432,862
Opal	$96,854	$112,840	$172,086	$234,893	$276,691
Owanka	$8,254	$75,814	$141,213	$236,021	$342,841
Piedmont	$84,076	$212,037	$331,148	$446,366	$541,144
Rapid City	$195,945	$242,057	$294,217	$425,931	$608,546
Red Owl	$40,539	$94,634	$166,769	$229,397	$291,576
Stoneville	$63,483	$99,754	$134,443	$233,155	$284,549
Sturgis	$36,131	$149,035	$229,950	$311,264	$406,462
Summerset	$36,115	$296,419	$351,946	$394,676	$454,370
Union Center	$18,917	$73,547	$121,932	$191,658	$299,298
Vale	$73,493	$149,417	$192,682	$281,746	$376,810
Wasta	$39,677	$88,701	$131,640	$189,896	$333,261
White Owl	$59,406	$93,988	$152,172	$229,425	$282,499
Whitewood	$71,668	$156,357	$266,798	$332,584	$474,861

Source: Ownwell

Property Tax Bills Across Meade County, South Dakota

Property tax bills in Meade County, South Dakota, are calculated based on the assessed value of a property, which is determined by the local assessor's office. The assessed value is a percentage of the property's market value, and the property tax rate is applied to this assessed value to determine the tax bill. In Meade County, the median home price is approximately $257,121. Homeowners experience varying tax bills, with those at the 25th percentile paying around $2,108, while those at the 75th percentile face bills closer to $4,067. The highest median tax bill in the county is found in Summerset, reaching $4,023, whereas Faith has the lowest median tax bill at $1,004. Compared to the national median property tax rate of 1.02% and a median tax bill of $2,400, Meade County's tax bills can be seen as relatively moderate. These tax bills significantly impact homeowners, influencing their financial planning and the overall affordability of homeownership in the region.

Property Tax Bills Across Meade County, South Dakota

Source: Ownwell

$1,004

$2,960

$4,915

Median Meade County Tax Bill

$2,959

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Meade County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Black Hawk	$1,315	$2,021	$2,461	$3,332	$4,729
Box Elder	$1,935	$2,892	$3,805	$4,365	$4,817
Elm Springs	$1,249	$1,736	$2,361	$2,874	$3,792
Enning	$640	$964	$1,681	$2,533	$3,057
Faith	$186	$483	$1,004	$1,584	$2,121
Howes	$788	$1,083	$1,618	$2,440	$3,292
Mud Butte	$654	$890	$1,240	$1,807	$2,094
New Underwood	$747	$1,540	$2,421	$3,446	$4,161
Opal	$940	$1,323	$1,544	$2,104	$2,406
Owanka	$632	$923	$1,425	$2,252	$2,994
Piedmont	$1,435	$2,438	$3,637	$4,845	$5,946
Rapid City	$2,002	$2,499	$3,209	$4,744	$6,922
Red Owl	$662	$1,017	$1,530	$2,343	$2,583
Stoneville	$720	$879	$1,348	$2,125	$2,725
Sturgis	$1,443	$2,119	$2,850	$3,695	$4,727
Summerset	$3,150	$3,573	$4,023	$4,549	$5,302
Union Center	$537	$867	$1,284	$1,950	$2,743
Vale	$1,077	$1,530	$1,952	$2,692	$3,411
Wasta	$382	$769	$1,352	$1,565	$2,908
White Owl	$599	$798	$1,572	$1,784	$2,292
Whitewood	$1,343	$1,868	$2,712	$3,328	$4,768

Source: Ownwell