Sanborn County, South Dakota Property Taxes

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

Median Sanborn County effective property tax rate: 1.57%, significantly higher than the national median of 1.02%.
Median Sanborn County home value: $84,330
Median annual Sanborn County tax bill: $1,303, $1,097 lower than the national median property tax bill of $2,400.

How are property taxes in Sanborn County calculated?

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

Last Updated March 1, 2025

Sanborn County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.57%

Estimate Property Tax Bill

$1,324

$1,229

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

Property Tax Rates Across Sanborn 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 Sanborn County's effective property tax rate to other counties in South Dakota or the U.S. median property tax rate. Sanborn County has a median property tax rate of 1.57%, which is above the national median of 1.02%. This rate is competitive within the state, with Woonsocket exhibiting the highest at 2.14%, and Forestburg the lowest at 1.13%. The higher rate in Sanborn County reflects the county's commitment to providing essential services and maintaining infrastructure. Understanding these variations can help property owners better anticipate their tax liabilities and make informed decisions about property investments.

Property Tax Rates Across Sanborn County, South Dakota

Source: Ownwell

1.13%

1.63%

2.14%

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 Sanborn County Tax Rate

1.57%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Sanborn County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Artesian	0.67%	0.73%	1.71%	2.11%	2.73%
Forestburg	0.68%	0.84%	1.13%	1.31%	1.81%
Letcher	0.64%	0.72%	1.14%	1.67%	2.33%
Woonsocket	0.89%	1.11%	2.14%	2.14%	2.50%
Alpena	N/A	N/A	N/A	N/A	N/A
Carthage	N/A	N/A	N/A	N/A	N/A
Fedora	N/A	N/A	N/A	N/A	N/A
Huron	N/A	N/A	N/A	N/A	N/A
Lane	N/A	N/A	N/A	N/A	N/A
Mount Vernon	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Sanborn County, South Dakota

When examining property taxes in Sanborn 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 Sanborn 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.

Assessment notices: In Sanborn County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Sanborn County. For example, the median tax bill in Sanborn County is $1,646, with tax bills ranging significantly across the county. Letcher has the highest median home price at $128,600.

Property Tax Assessment Values Across Sanborn County, South Dakota

Source: Ownwell

$71,744

$100,172

$128,600

Median Sanborn County Market Value

$84,330

Median United States Market Value

$235,294

Property Tax Assessment Values Across Sanborn County, South Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Artesian	$5,678	$19,812	$71,744	$331,624	$440,980
Forestburg	$16,019	$35,720	$110,898	$247,835	$343,272
Letcher	$18,330	$42,764	$128,600	$324,070	$423,157
Woonsocket	$13,464	$32,998	$75,601	$145,575	$305,030
Alpena	N/A	N/A	N/A	N/A	N/A
Carthage	N/A	N/A	N/A	N/A	N/A
Fedora	N/A	N/A	N/A	N/A	N/A
Huron	N/A	N/A	N/A	N/A	N/A
Lane	N/A	N/A	N/A	N/A	N/A
Mount Vernon	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Sanborn County, South Dakota

Property tax bills in Sanborn County, SD, are determined by assessing the value of a property and applying the local tax rate. The median home price in the county is $84,330, which is significantly lower than the national median. This lower home value contributes to a more manageable property tax bill for homeowners. The median property tax bill in Sanborn County ranges from $552 at the 25th percentile to $3,236 at the 90th percentile. This range indicates that while some homeowners enjoy relatively low tax bills, others may face higher charges based on their property's assessed value.

Factors influencing these tax bills include the property's location within the county, as seen in Letcher, where the highest median tax bill is $1,646, compared to Artesian's lower median of $1,098. These variations highlight the impact of local assessments and tax rates on individual tax obligations. Homeowners in Sanborn County benefit from property tax bills that are generally below the national median of $2,400, offering financial relief compared to other regions.

Property Tax Bills Across Sanborn County, South Dakota

Source: Ownwell

$1,098

$1,372

$1,646

Median Sanborn County Tax Bill

$1,303

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Sanborn County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Artesian	$157	$410	$1,098	$2,257	$3,153
Forestburg	$283	$465	$1,157	$2,323	$2,980
Letcher	$312	$720	$1,646	$2,481	$3,363
Woonsocket	$320	$665	$1,307	$2,294	$3,267
Alpena	N/A	N/A	N/A	N/A	N/A
Carthage	N/A	N/A	N/A	N/A	N/A
Fedora	N/A	N/A	N/A	N/A	N/A
Huron	N/A	N/A	N/A	N/A	N/A
Lane	N/A	N/A	N/A	N/A	N/A
Mount Vernon	N/A	N/A	N/A	N/A	N/A

Source: Ownwell