57520 Property Tax Rate

Property owners in ZIP code 57520 (Agar, South Dakota) pay a median of $700/year in property taxes on homes valued at $113,800. This translates to an effective tax rate of 0.62%, which is 44% below the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57520 is approximately $58, which factors into escrow payments on mortgages. This ZIP code is located within Sully County. This is $1,061 less than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57520 has lower property taxes. ZIP codes with similar effective rates include 57474 (0.61%) and 57465 (0.62%).

In Agar, property taxes represent approximately 1.5% of the median household income of $46,875, 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. Sully County offers a Homestead Exemption for primary residences — file your application with the Sully County Assessor's office to reduce your taxable value. Obtain your assessment notice from the Sully County Assessor and note the typical 30-day appeal period.