57701 Property Tax Rate
Rapid City, South Dakota · Part of Pennington County
Effective Tax Rate
1.12%
46.8% above state avgMedian Annual Tax
$2,586
$216/mo escrow
Estimate Your Tax
Annual Tax
$2,586
Monthly
$215
Eff. Rate
1.12%
Buyer decision brief
What ZIP 57701 means for your housing budget
Use this ZIP page to compare recurring tax burden before you compare listing prices. The numbers below are Census ZCTA estimates, so they are strongest for neighborhood comparison and weakest for parcel-specific tax planning.
Monthly escrow signal
$216/mo
Based on median annual tax paid
State context
0.02 percentage points above the South Dakota average
South Dakota average: 1.10%
Data confidence
High confidenceThe Census margin of error is $107, about 4% of the median tax estimate.
Verify before you offer
- Confirm parcel assessed value with Pennington County assessor.
- Check homestead, senior, veteran, and disability exemptions.
- Ask whether purchase triggers reassessment or value-cap reset.
- Review school district and special assessment boundaries.
Lower-rate similar ZIPs
This is informational content, not tax, legal, or mortgage advice. Local assessor records remain the source of truth for a specific property.
Data confidence ledger
Can you trust ZIP 57701 for comparison?
ACS vintage
2019-2023 ACS 5-Year Estimates
Five-year Census ZCTA estimates.
ZCTA caveat
Census area, not parcel boundary
USPS ZIP routes and taxing districts can differ inside the same area.
Field completeness
3/3 required fields
Median tax, home value, and derived rate are present.
MOE status
Strong ACS confidence
$107 tax MOE, 4% of the median tax estimate.
Last site refresh
March 10, 2026
Dataset and page-quality audit run locally before publication.
County fallback
County advisory available
Pennington County is used for assessor verification and broader context.
Tax bill anatomy
What can change your actual bill in ZIP 57701
Use the ZIP estimate to compare neighborhoods, then verify these parcel-level inputs before relying on a payment estimate.
Assessed value
The ZCTA median home value is $229,900, but your bill starts with the local assessed value for a specific parcel.
Effective rate
The displayed rate is 1.12%, derived from median tax paid divided by median home value.
Exemptions
Homestead, senior, veteran, disability, and local exemptions can reduce taxable value. Confirm eligibility before estimating escrow.
Reassessment
A purchase can change assessed value depending on South Dakota and county rules. Ask how sale price affects the next assessment cycle.
Escrow impact
The median tax paid in this ZCTA equals about $216 per month before insurance, HOA dues, or special assessments.
Assessor verification
Pennington County assessor or tax collector records are the source of truth for parcel taxes, appeal windows, and exemptions.
How ZIP 57701 Compares
Median Annual Property Tax
ZIP 57701
1.12%
Effective rate
South Dakota Avg
1.10%
Effective rate
National Avg
1.10%
Effective rate
State Ranking
Property Tax Rank in South Dakota
Higher than 62% of ZIP codes in South Dakota(62th percentile, 294 ZIPs compared)
Property Tax Analysis
Property Tax Insights for ZIP 57701
Property owners in ZIP code 57701 (Rapid City, South Dakota) pay a median of $2,586/year in property taxes on homes valued at $229,900. 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 57701 is approximately $216, which factors into escrow payments on mortgages. This ZIP code is located within Pennington County. This is $825 more than the South Dakota average of $1,761/year.
Compared to similar ZIP codes in South Dakota, 57701 has higher property taxes. ZIP codes with similar effective rates include 57039 (1.12%) and 57522 (1.13%).
In Rapid City, property taxes represent approximately 4.9% of the median household income of $52,733, 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 Pennington County Assessor's office manages exemptions for disabled homeowners and veterans; contact them to determine your eligibility and file your application. Lodge a protest with the Pennington County Assessor within 30 days of receiving your assessment if you believe the value is incorrect.
Frequently Asked Questions
What is the property tax rate in ZIP code 57701?
How much are property taxes in Rapid City, SD (57701)?
How does ZIP 57701 compare to the South Dakota average?
What is the median home value in ZIP 57701?
What county is ZIP code 57701 in?
Margin of Error
The median property tax estimate for this ZIP code has a margin of error of ±$107. ZCTA-level data has wider margins than county-level estimates due to smaller sample sizes.
County-Level Data
ZIP code 57701 is part of Pennington County, South Dakota. View the full county profile for broader context and more data.
View Pennington County on TaxByCounty →Explore Rapid City, SD
View all 3 ZIP codes in Rapid City with property tax comparisons.
View Rapid City Property Tax Rates →Why compare these ZIPs?
Better comparison set for ZIP 57701
Each ZIP highlights a homebuyer tradeoff: lower rate, stronger value context, shared county rules, city boundary changes, or nearby missing data.
57703
Rapid City, SD
0.04 percentage points lower than ZIP 57701.
Rate
1.09%
Tax
$2,727
Quality
96
57725
Caputa, SD
0.24 percentage points lower than ZIP 57701.
Rate
0.89%
Tax
$2,434
Quality
84
57751
Keystone, SD
0.22 percentage points lower than ZIP 57701.
Rate
0.91%
Tax
$3,524
Quality
84
57745
Hill City, SD
0.10 percentage points lower than ZIP 57701.
Rate
1.02%
Tax
$3,299
Quality
84
57790
Wall, SD
0.10 percentage points lower than ZIP 57701.
Rate
1.02%
Tax
$1,917
Quality
84
57759
Nemo, SD
0.72 percentage points lower than ZIP 57701.
Rate
0.41%
Tax
$1,925
Quality
75
57075
Wentworth, SD
0.26 percentage points lower than ZIP 57701.
Rate
0.87%
Tax
$3,733
Quality
82
57055
Renner, SD
0.14 percentage points lower than ZIP 57701.
Rate
0.99%
Tax
$4,145
Quality
84
Data from U.S. Census Bureau, American Community Survey 2019-2023 5-Year Estimates (ZCTA level). ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes.
Estimates are informational only and should not be used as financial or legal advice.