Faulkton, SD — income, home value, property tax, and sales tax.
In ZIP code 57470, near Faulkton, households bring in a median income of $108,281, yet per-capita income sits at just $22,864 — a gap that hints at larger households pooling earners rather than many high individual salaries. A median home value of $201,400 carries an effective county property tax rate of 0.89%, so annual property taxes stay contained. Sales tax runs 4.20%, which keeps everyday purchases from eroding earnings much. Taken together, these figures leave a wide spread between income and housing costs, giving households here room to cover daily expenses, save, or absorb surprises without much strain.
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