57261 Property Tax Rate

Property owners in ZIP code 57261 (Roslyn, South Dakota) pay a median of $1,217/year in property taxes on homes valued at $114,300. This translates to an effective tax rate of 1.06%, which is 3% below the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57261 is approximately $101, which factors into escrow payments on mortgages. This ZIP code is located within Day County. This is $544 less than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57261 has lower property taxes. ZIP codes with similar effective rates include 57717 (1.07%) and 57201 (1.07%).

In Roslyn, property taxes represent approximately 2.8% of the median household income of $43,125, providing context for the relative tax burden on homeowners in this area.

South Dakota reassesses property at market value when purchased, with no state-imposed caps on year-to-year increases, so your tax bill will reflect full market conditions. Day County offers a Homestead Exemption ($30,000 reduction in assessed value for primary residences) — file your application with the Day County Assessor by March 31. Contact the Day County Assessor immediately after closing to file your exemption and verify the assessed value before your first tax bill.