57544 Property Tax Rate

Property owners in ZIP code 57544 (Kennebec, South Dakota) pay a median of $1,614/year in property taxes on homes valued at $144,300. This translates to an effective tax rate of 1.12%, which is near the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57544 is approximately $135, which factors into escrow payments on mortgages. This ZIP code is located within Lyman County.

Compared to similar ZIP codes in South Dakota, 57544 has lower property taxes. ZIP codes with similar effective rates include 57368 (1.12%) and 57760 (1.12%).

In Kennebec, property taxes represent approximately 2.2% of the median household income of $71,875, 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. Lyman County offers a Homestead Exemption for primary residences — contact the Lyman County Assessor's office to apply and learn the exemption amount. Request your assessment notice promptly from the Lyman County Assessor to confirm the valuation and appeal deadline.