Faulkton, SD — income, home value, property tax, and sales tax.
Households in the 57438 ZIP code, centered on Faulkton, bring in a median income of $70,673, while per-capita earnings sit at $33,361. With a median home value of $134,400 and a county property tax rate of 0.62%, annual property taxes on such a home come to roughly $833. A 6.20% combined sales tax applies to purchases, though South Dakota exempts groceries, which softens the effect on everyday essentials. The gap between median household and per-capita income hints at varying household sizes and earners across the area, shaping how far each paycheck stretches.
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