Faulkton, SD — income, home value, property tax, and sales tax.
In ZIP code 57473, near Faulkton, homes are valued at a median of $177,600, yet the county's 0.62% effective property tax rate means an annual bill of roughly $1,100. That figure sits uneasily against a median household income of $23,750 and per-capita income of $9,856. Property taxes alone would claim a noticeable share of earnings here, even before sales tax at 4.20% takes its cut on purchases. The gap between what homes cost and what people bring in shapes daily life in this area, where owning property carries a weight that higher-earning places would barely register.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.