ZIP Code 57005

In ZIP code 57005, near Sioux Falls, homes carry a median value of $341,200, and the county's 1.14% effective property tax rate yields an annual bill of roughly $3,890. With median household income at $112,500, that tax equals about 3.5% of household earnings, a share that leaves room in most budgets. Per-capita income sits at $50,740, and the combined sales tax rate is 6.20%. Home prices here run well above what per-capita earnings alone might support, so buyers often depend on two incomes to carry a mortgage alongside the yearly tax bill.