57373 Property Tax Rate

Property owners in ZIP code 57373 (Saint Lawrence, South Dakota) pay a median of $1,107/year in property taxes on homes valued at $114,600. This translates to an effective tax rate of 0.97%, which is 12% below the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57373 is approximately $92, which factors into escrow payments on mortgages. This ZIP code is located within Hand County. This is $654 less than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57373 has lower property taxes. ZIP codes with similar effective rates include 57476 (0.96%) and 57386 (0.97%).

In Saint Lawrence, property taxes represent approximately 2.8% of the median household income of $40,000, providing context for the relative tax burden on homeowners in this area.

South Dakota does not reassess property at sale; your property maintains its prior assessed value unless improvements are made or the county conducts a scheduled reassessment. Hand County offers a Homestead Exemption for primary residences — file your claim with the Hand County Assessor's office to reduce your taxable value. Obtain your assessment notice from the Hand County Assessor and note the typical 30-day appeal deadline.