57465 Property Tax Rate

Property owners in ZIP code 57465 (Northville, South Dakota) pay a median of $773/year in property taxes on homes valued at $124,000. This translates to an effective tax rate of 0.62%, which is 43% below the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57465 is approximately $64, which factors into escrow payments on mortgages. This ZIP code is located within Spink County. This is $988 less than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57465 has lower property taxes. ZIP codes with similar effective rates include 57218 (0.62%) and 57520 (0.62%).

In Northville, property taxes represent approximately 0.5% of the median household income of $158,750, 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. Spink County offers a Homestead Exemption for primary residences — file your claim with the Spink County Assessor's office to reduce your taxable assessed value. Obtain your assessment notice from the Spink County Assessor and verify the 30-day appeal window from the notice date.