57601 Property Tax Rate

Property owners in ZIP code 57601 (Mobridge, South Dakota) pay a median of $2,208/year in property taxes on homes valued at $153,000. This translates to an effective tax rate of 1.44%, which is 31% above the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57601 is approximately $184, which factors into escrow payments on mortgages. This ZIP code is located within Dewey County. This is $447 more than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57601 has higher property taxes. ZIP codes with similar effective rates include 57385 (1.44%) and 57345 (1.43%).

In Mobridge, property taxes represent approximately 3.5% of the median household income of $63,396, providing context for the relative tax burden on homeowners in this area.

South Dakota does not cap property tax increases or reassess at sale — your assessment can rise annually based on county revaluation cycles, typically every four years. The Dewey County Assessor's office offers exemptions for disabled homeowners and veterans; reach out to verify your eligibility and application deadline. Lodge a protest with the Dewey County Assessor within 30 days of receiving your assessment if the valuation does not reflect market conditions.