57760 Property Tax Rate

Property owners in ZIP code 57760 (Newell, South Dakota) pay a median of $1,616/year in property taxes on homes valued at $144,000. 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 57760 is approximately $135, which factors into escrow payments on mortgages. This ZIP code is located within Butte County.

Compared to similar ZIP codes in South Dakota, 57760 has lower property taxes. ZIP codes with similar effective rates include 57368 (1.12%) and 57054 (1.12%).

In Newell, property taxes represent approximately 3.0% of the median household income of $53,750, 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 Butte County Assessor offers exemptions for disabled homeowners and veterans; reach out to learn eligibility and file before your next reassessment. Submit a protest to the Butte County Assessor within 30 days of your assessment notice if the valuation appears excessive.