57451 Property Tax Rate

Property owners in ZIP code 57451 (Ipswich, South Dakota) pay a median of $1,985/year in property taxes on homes valued at $221,100. This translates to an effective tax rate of 0.90%, which is 18% below the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57451 is approximately $165, which factors into escrow payments on mortgages. This ZIP code is located within Edmunds County. This is $224 more than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57451 has higher property taxes. ZIP codes with similar effective rates include 57432 (0.90%) and 57065 (0.89%).

In Ipswich, property taxes represent approximately 2.3% of the median household income of $85,795, 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. Edmunds County offers a Homestead Exemption for primary residences — apply with the Edmunds County Assessor's office to claim the exemption. Contact the Edmunds County Assessor to request your assessment notice and confirm the appeal deadline.