Faulkton, SD — income, home value, property tax, and sales tax.
In ZIP 57465, near Faulkton, homes are valued at a median of $131,700, and the county's 1.28% effective property tax rate yields an annual bill of roughly $1,686. Households here earn a median of $120,250, so that tax equals about 1.4% of yearly income. Per-capita income stands at $52,079. Combined with a 4.20% sales tax rate, the overall cost of living stays low against local earnings, letting homeowners in and around Faulkton keep a large share of their paychecks after covering property taxes.
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