57745 Property Tax Rate

Property owners in ZIP code 57745 (Hill City, South Dakota) pay a median of $3,299/year in property taxes on homes valued at $323,500. This translates to an effective tax rate of 1.02%, which is 7% below the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57745 is approximately $275, which factors into escrow payments on mortgages. This ZIP code is located within Pennington County. This is $1,538 more than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57745 has lower property taxes. ZIP codes with similar effective rates include 57454 (1.02%) and 57226 (1.02%).

In Hill City, property taxes represent approximately 3.7% of the median household income of $90,089, 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.