Herreid, SD — income, home value, property tax, and sales tax.
In ZIP code 57437, near Herreid, homes are valued at a median of $86,700, and the county-level effective property tax rate of 1.55% works out to roughly $1,344 a year on such a home. With median household income at $49,276, that tax equals about 2.7% of annual household earnings. Per-capita income reaches $51,925, while the combined sales tax rate stands at 6.20%. Buyers here face low entry prices but a property tax that takes a meaningful bite relative to what households bring in.
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