57321 Property Tax Rate

Property owners in ZIP code 57321 (Canova, South Dakota) pay a median of $1,000/year in property taxes on homes valued at $252,000. This translates to an effective tax rate of 0.40%, which is 64% below the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57321 is approximately $83, which factors into escrow payments on mortgages. This ZIP code is located within Miner County. This is $761 less than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57321 has lower property taxes. ZIP codes with similar effective rates include 57759 (0.41%) and 57323 (0.41%).

In Canova, property taxes represent approximately 1.2% of the median household income of $81,786, providing context for the relative tax burden on homeowners in this area.

South Dakota conducts full market-value reassessment at the point of sale without annual caps on increases, so your assessment will adjust to reflect current market value. Miner County offers a Homestead Exemption ($30,000 off assessed value for owner-occupied primary residences) — file with the Miner County Assessor by March 31 each year. Submit your exemption application to the Miner County Assessor within 30 days of closing to secure this tax benefit.