Martin, SD — income, home value, property tax, and sales tax.
In ZIP code 57560, which takes in Martin, per-capita income stands at $8,181, so everyday budgets here are tight by most measures. Property taxes run at an effective rate of 0.98% of a home's value at the county level, a figure that shapes what owners owe each year. Sales taxes add up to 8.40% on purchases. Together, these costs draw heavily on a paycheck in a place where earnings are already limited, and housing expenses tied to property taxes compete directly with the daily spending that a sales tax touches.