57788 Property Tax Rate

Property owners in ZIP code 57788 (Vale, South Dakota) pay a median of $1,268/year in property taxes on homes valued at $225,000. This translates to an effective tax rate of 0.56%, which is 49% below the South Dakota state average of 1.10%.

The monthly property tax burden for a median-valued home in 57788 is approximately $106, which factors into escrow payments on mortgages. This ZIP code is located within Butte County. This is $493 less than the South Dakota average of $1,761/year.

Compared to similar ZIP codes in South Dakota, 57788 has lower property taxes. ZIP codes with similar effective rates include 57572 (0.57%) and 57341 (0.57%).

In Vale, property taxes represent approximately 2.1% of the median household income of $60,909, 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.