57469 Property Tax Rate

Property owners in ZIP code 57469 (Redfield, South Dakota) pay a median of $2,218/year in property taxes on homes valued at $152,600. This translates to an effective tax rate of 1.45%, which is 32% above the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57469 is approximately $185, which factors into escrow payments on mortgages. This ZIP code is located within Spink County. This is $457 more than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57469 has higher property taxes. ZIP codes with similar effective rates include 57642 (1.46%) and 57601 (1.44%).

In Redfield, property taxes represent approximately 3.2% of the median household income of $69,130, 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.