Yankton County, South Dakota Property Taxes

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

Median Yankton County effective property tax rate: 1.59%, significantly higher than the national median of 1.02%. Median Yankton County home value: $144,700. Median annual Yankton County tax bill: $2,269, $131 lower than the national median property tax bill of $2,400.

How are property taxes in Yankton County calculated?

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

Last Updated March 1, 2025

Yankton County, South Dakota Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.59%

Estimate Property Tax Bill

$2,301

$2,135

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

Property Tax Rates Across Yankton County, South Dakota

Local government entities determine property tax rates, which can significantly differ within a state. Each year, counties calculate their necessary budget to fund public services and then divide this amount by the total assessed value of all taxable properties in the area. This process determines the property tax rate. While voting and legislation play roles in setting these rates and budgets, this is essentially how it works annually. You can compare Yankton County's effective property tax rate to those of other counties in South Dakota or the U.S. median property tax rate. Yankton County has a median property tax rate of 1.59%, which is higher than the national median of 1.02%. Within the state, Yankton City holds the highest median tax rate at 1.61%, while Viborg City has the lowest at 0.86%. Understanding these differences can help property owners make informed decisions about property investments and appeals.

Property Tax Rates Across Yankton County, South Dakota

Source: Ownwell

0.86%

1.24%

1.61%

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 Yankton County Tax Rate

1.59%

Median Effective South Dakota Tax Rate

1.45%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Yankton County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Gayville	1.14%	1.38%	1.38%	1.47%	1.64%
Irene	0.83%	0.85%	0.94%	1.16%	1.31%
Lesterville	0.76%	0.78%	0.99%	1.48%	1.50%
Menno	0.85%	0.88%	0.95%	1.14%	1.17%
Mission Hill	0.94%	1.22%	1.32%	1.82%	2.03%
Tabor	0.90%	0.96%	1.23%	1.26%	1.30%
Utica	0.89%	0.94%	1.20%	1.60%	1.80%
Viborg	0.79%	0.84%	0.86%	1.00%	1.14%
Volin	0.87%	1.01%	1.30%	1.60%	1.91%
Yankton	1.24%	1.51%	1.61%	1.75%	1.94%
Wakonda	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Yankton County, South Dakota

When examining property taxes in Yankton 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 Yankton 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 Yankton 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 Yankton County.

For example, the median tax bill in Yankton County is $1,329, with tax bills ranging significantly across the county. Tabor has the highest median home price at $217,250.

Property Tax Assessment Values Across Yankton County, South Dakota

Source: Ownwell

$85,500

$151,375

$217,250

Median Yankton County Market Value

$144,700

Median United States Market Value

$235,294

Property Tax Assessment Values Across Yankton County, South Dakota

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Gayville	$35,000	$65,600	$106,200	$155,200	$224,661
Irene	$58,050	$114,317	$205,522	$330,472	$477,001
Lesterville	$19,280	$48,750	$117,400	$336,534	$436,173
Menno	$42,209	$82,458	$173,125	$313,569	$508,580
Mission Hill	$12,500	$46,500	$85,500	$190,100	$343,300
Tabor	$60,130	$128,375	$217,250	$319,902	$432,037
Utica	$9,280	$41,600	$133,000	$263,964	$425,564
Viborg	$57,196	$97,204	$167,016	$368,904	$460,584
Volin	$18,600	$53,000	$118,186	$223,500	$462,626
Yankton	$21,480	$87,150	$146,954	$212,050	$300,600
Wakonda	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Yankton County, South Dakota

In Yankton County, SD, property tax bills are determined by multiplying the assessed value of a home by the local tax rate. The assessed value is an estimate of the property's market value, which is periodically reassessed to reflect changes in the housing market. Homeowners in Yankton County experience a range of tax bills, with the 25th percentile at $1,329 and the 75th percentile reaching $3,291. For those at the higher end, the 90th percentile tax bill can be as much as $4,563. In contrast, the national median property tax bill stands at $2,400, indicating that many Yankton County residents may face higher property taxes than the national average. The city of Tabor has the highest median tax bill in the county at $2,663, while Lesterville has the lowest at $1,238. These tax bills can significantly impact homeowners, as they are a recurring expense that must be factored into the overall cost of owning a home.

Property Tax Bills Across Yankton County, South Dakota

Source: Ownwell

$1,238

$1,951

$2,663

Median Yankton County Tax Bill

$2,269

Median South Dakota Tax Bill

$2,732

Median United States Tax Bill

$2,400

Property Tax Bills Across Yankton County, South Dakota

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Gayville	$599	$983	$1,512	$2,226	$2,870
Irene	$676	$1,292	$2,052	$3,095	$4,191
Lesterville	$379	$652	$1,238	$2,815	$3,541
Menno	$513	$926	$1,750	$2,876	$4,606
Mission Hill	$254	$740	$1,375	$2,428	$3,811
Tabor	$702	$1,746	$2,663	$3,697	$4,197
Utica	$297	$713	$1,561	$2,721	$4,212
Viborg	$731	$1,004	$1,393	$3,152	$3,923
Volin	$332	$746	$1,490	$2,456	$4,329
Yankton	$496	$1,491	$2,372	$3,369	$4,641
Wakonda	N/A	N/A	N/A	N/A	N/A

Source: Ownwell